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eProcurement
is procurement that is performed online through a web interface or other networked system. It covers a wide range of activities including spend analysis, sourcing, e-auctions, procure-to-pay (P2P) and contract management. Interactions and transactions between buyers and suppliers are automated to increase efficiency and reduce the total cost of procurement. eProcurement means,the process of procurement of Goods, Services and Works by using internet and specialised software. E Procurement in a sense is the combination of DMS (document Management System) and ERP (Enterprise Resource Planning).