It is nothing but digitally synchronising all the procurement processes and activities across the organisation on a single technology platform. It is application of leading edge technologies to help organisations buy smarter, faster and better. It has several important touch points with internal stakeholders & external suppliers and service providers. It provides transparency in business allocations for third party spend and also supports compliance by providing audit trails of all the decision making transactions. To get best value out of this tool, it needs to be treated as an enabler for procurement efficiency and not as a mundane data entry activity. It is a myth that eProcurement is primarily an IT related service OR is meant for a Data Analytics for research and scenario simulations.