Content Enablement Technologies Enable e-Procurement 3.0 #3 in a 3-Part Series on B2B 3.0
In this follow up to the Sourcing Innovation Illumination on how Simplifying B2B for Suppliers Enables Buyers, Sourcing Innovation continues its description of the next generation of technology for the enterprise which happens to be the first generation of technology that actually puts business users on the same footing as consumers, who have had "3.0" technologies at their fingertips for years. This paper, which is the third in a three-part series about B2B 3.0, describes how the new content enablement technologies of B2B 3.0 take e-Procurement to a whole new level.
B2B 3.0 goes beyond simply streamlining processes and decreasing work, it also enables content in new and innovative ways which not only enable commerce, but enable one of the cornerstones of business e-commerce -- e-Procurement. Unlike traditional e-Procurement solutions, which usually attack procurement in a piece-meal fashion, new e-Procurement 3.0 solutions are integrated commerce solutions that support each step of the various procurement cycles in your organization in a tightly-integrated fashion that seamlessly flow from one step to the next. An e-Procurement 3.0 solution, which integrates the m-way matching that eludes so many traditional piece-meal procurement applications at its core, ensures that the organization only pays for goods and services actually received -- and only pays at contracted rates. E-Procurement 3.0 solutions succeed where previous generations of e-Procurement solutions failed because they are enabled by content and content management that was lacking before B2B 3.0 -- and this makes commerce truly simple.
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