How e-procurement benefits suppliers

Learn how e-procurement can be valuable for suppliers.

Published: 26. May 2014, Last modified: 05. Jul 2018

The growth of e-procurement increases the demand for ICT services to help suppliers and purchasers improve and digitize their existing procurement processes. This growth is driven by the fact that e-procurement relies on the broad adoption of technical standards and the implementation of organizational transformation initiatives.

Where international e-procurement standards are mandated, as they are in Norway, this helps ICT vendors by simplifying the process of supporting e-procurement customers across various markets.

Over time, e-procurement formats and standards continue to evolve, which steadily creates new business opportunities for ICT vendors.

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