Choosing an E-Procurement package

Choosing an E-Procurement package

With the recent proliferation of proven, commercial e-procurement applications, there’s no need to build your own. However, consider the following factors when choosing your own solution:
Does it support the full e-procurement cycle?
Does the application take advantage of your organization’s current Internet environment?
Does the e-procurement application provide ease of configurability and scalability? How secure is the data going across the Internet?
Are catalog content-management services provided?
How easily will the e-procurement solution integrate with your existing back-office ERP or legacy systems?
What support is provided to bring suppliers on board, as per the requirement of the situation ?
Does system administration lend itself to adding and changing routine system information on users, bill-to and ship-to addresses, cost centers and organizational attributes, suppliers and related information?
Does it support extended business services such as auctions, reverse auctions, and exchanges? Does it support value-added services such as bill payment, logistics, and taxation? Will the vendor provide regular updates and software support?
Expertise needed for E-procurement success ?
Successful e-procurement implementation requires a number of unique technical, functional, and project-management skills including :
Knowledge of the current e-commerce marketplace
Industry expertise in procurement practices
E-procurement implementation expertise
Experience integrating e-procurement packages with ERP and legacy systems
Strategies for supplier adoption and maintaining supplier relationships
Experience in managing product catalog content
Technical knowledge of web-based development tools and networking architecture