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- November 11, 2021

Video: Public sector eprocurement explained

What is government procurement?

Government agencies spend US$ 1.8 trillion dollars every year on procuring goods and services for their daily needs in order to enhance and upkeep public infrastructure and services. 

This procurement process involves liaising with thousands of suppliers in a lengthy chain of steps that involve government contracts, RFPs, quote submissions, etc. Thereby, making the government procurement process a tedious and extensive one; wasting a lot of time, resources and taxpayer money.

But there is an alternative, and a lot of government agencies are now looking to explore it. Learn more about the government eprocurement solution and how it enables government agencies to streamline the process and drive greater efficiencies.