![ONLINE SHOPPING SHEIN AMAZON EBAY iStock-Robert Way-1499148111.jpg A HAND HOVERS OVER A SMARTPHONE SCREEN BEARING LOGOS OF ONLINE SHOPPING SERVICES, INCLUDING SHEIN, AMAZON AND EBAY.](https://www.supplychainbrain.com/ext/resources/2024/04/29/ONLINE-SHOPPING-SHEIN-AMAZON-EBAY-iStock-Robert-Way-1499148111.jpg?height=100&t=1714396546&width=150)
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Often "compliance" comes up as the main reason for buyers to move to an e-procurement system. In some cases, this means compliance with Sarbanes-Oxley, so a top priority is building transparency into all internal buying processes. One example that Pravin Kumar, vice president of products and services at Santa Clara, Calif.-based Ketera cites is tracking price updates in an online catalog. For Sarbanes-Oxley compliance, buyers should be able to identify when a price changes in a catalog and exactly who updated it. Through most e-procurement systems, suppliers input price changes automatically, minimizing buyers' need to monitor prices for every individual commodity.
Source: Purchasing, http://www.purchasing.com
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