E-procurement is the use of electronic means to purchase goods or services. This can include using a company's internal purchasing system to order goods or services, or using an online marketplace such as Amazon Business to make purchases. E-procurement can also refer to the use of electronic means to request quotes (RFQs) or request for proposals (RFPs).
For example, a company may use an eprocurement system to order office supplies from a supplier. The company would create a purchase order in the e-procurement system, and the supplier would then fill the order and invoice the company. The company would then pay the supplier electronically.