22: The role of digital platforms in automating and streamlining procurement processes

Описание: Imagine cutting paperwork, speeding up approvals, and finding the best suppliers—all with a few clicks.
Manual procurement processes are slow, error-prone, and lack visibility, leading to delays and inflated costs.

With digital procurement platforms, businesses:
✅ Automate sourcing and tendering
✅ Improve accuracy and compliance
✅ Gain real-time visibility and faster decision-making

Modern tools manage e-sourcing, e-tendering, and automated approvals—integrated with finance and inventory systems.
For example, an e-procurement platform can compare supplier bids, flag compliance issues, and approve purchase orders instantly, reducing cycle times and boosting efficiency.

Digital platforms don’t just support procurement—they transform it into a faster, smarter, and more strategic process.