• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

serenelsl234

Profile picture of serenelsl234
Active 12 years ago
  • Topics: 1
  • Replies: 6
  • ☆
  • Profile
  • Forums
  • Topics Started
  • Replies Created
  • Engagements

Forum Replies Created

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • October 31, 2011 at 11:32 pm #88531
    mysteryserenelsl234
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    From what I’ve studied, e-procurement has 3 main elements – e-sourcing, e-purchasing & e-payment.

    in terms of e-sourcing, i think it’s more buyer centric (buyer first) coz it allows buyers to find new suppliers online and establish contracts easily. it saves the buyer administrative time and money.

    e-purchasing covers product selection and ordering. i think this one is a little ambiguous. buying and selling online streamlines the whole procurement process. from the supplier’s point of view, it reduces overheads through spending less on administration time and cutting down on bureaucracy. suppliers can also improve on customer service by being able to track orders at any time of the day. buyers can place orders by just a few clicks. suppliers can issue e-catalogue to targeted customers n this saves the suppliers a big sum of money in printing paper catalogues.

    e-payment includes tools such as electronic invoicing and electronic funds transfers. it reduces costs and errors and it provides a cost advantage for both buyers and suppliers.

    in general, i think there isn’t any buyer centric or seller centric element in e-procurement. fyi, this topic has been tested in june2011 i.e. unlikely to come out in dec2011.

    October 31, 2011 at 11:16 pm #88707
    mysteryserenelsl234
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    i think the most recent one is more likely to come out! 🙂

    October 31, 2011 at 11:15 pm #88161
    mysteryserenelsl234
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    study pass exam papers, read the questions and answer. have a go on mock exams.

    October 30, 2011 at 8:31 pm #89243
    mysteryserenelsl234
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    i’ve not studied capability maturity model.

    October 22, 2011 at 10:43 pm #88766
    mysteryserenelsl234
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    Kaplan is wayyyy much easier to comprehend compared to BPP. BPP is too technical but i like their revision kit coz the questions are pretty challenging. So, read kaplan and do the exercise in BPP. 🙂

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • hhys on PM Chapter 4 Questions Environmental Management Accounting
  • singhjyoti on Conceptual Framework – ACCA SBR lecture
  • John Moffat on Time Series Analysis – ACCA Management Accounting (MA)
  • azubair on Time Series Analysis – ACCA Management Accounting (MA)
  • Gowri7 on Relevant cash flows for DCF Working capital (examples 2 and 3) – ACCA Financial Management (FM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in