New Delhi, Jan. 24 -- It is common practice for small, mid-sized, and large organisations to purchase goods, materials, and services from vendors through e-procurement systems. The advantages of using e-procurement systems are increased transparency, efficiency, and transparent oversight of processes.

For instance, quotes submitted by vendors on e-procurement portals are visible to every concerned member of the buying organisation. Such transparency eliminates any chance that dishonest vendors on paying kickbacks to an organisation's employees are awarded lucrative contracts. The ultimate beneficiaries of such clarity are organisations, vendors, and society.

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