Future eProcurement
PEPPOL sets the standards for future public eProcurement with:
- electronically signed tender documents from other member states
- a common recognition of attestations
- one process for providing product information through eCatalogues
- uniform ordering & invoicing processes between European government authorities and their suppliers
Standardisation will save time and costs, and will increase transparency and competition – for governments, SMEs and multi-national corporations: if all European contracting authorities introduced eProcurement, annual savings could exceed Euro 50 billion (Source: Deutsche Bank).
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