Introduction to E-Commerce and E-Procurement

E-commerce and e-procurement are two digital transaction platforms that have become increasingly popular in today's digital age. In this article, we will explore the differences between these two platforms and how they are used in various contexts.

Introduction to the Speaker

Introduction to Abethon Agnesia The speaker, Abethon Agnesia, introduces himself and explains that he will be discussing the difference between e-commerce and e-procurement.

Difference between E-Commerce and E-Procurement

E-commerce and e-procurement are two digital transaction platforms that are often confused with each other. However, they have different uses and applications. E-commerce refers to the buying and selling of goods and services over the internet, while e-procurement refers to the process of purchasing goods and services online for business or organizational use.

E-Commerce

E-Commerce Example E-commerce involves the use of digital platforms such as websites or applications to buy and sell goods and services. For example, when someone buys shoes from a marketplace such as Shopee or Tokopedia, that is an example of e-commerce.

E-Procurement

E-Procurement Process E-procurement, on the other hand, involves the use of digital platforms to purchase goods and services for business or organizational use. This process typically involves the use of digital tools and platforms to manage the procurement process, from requisition to payment.

Data Collection in E-Commerce

Data Collection in E-Commerce In e-commerce, data is collected from various sources, including customer information, order details, and payment information. This data is used to manage the e-commerce platform and improve the customer experience.

Payment Processing in E-Commerce

Payment Processing in E-Commerce Payment processing is an important aspect of e-commerce, as it involves the transfer of funds from the customer to the seller. This process typically involves the use of digital payment platforms and tools, such as credit card processors and online payment gateways.

Conclusion

In conclusion, e-commerce and e-procurement are two digital transaction platforms that have different uses and applications. E-commerce involves the buying and selling of goods and services over the internet, while e-procurement involves the use of digital platforms to purchase goods and services for business or organizational use. Understanding the differences between these two platforms is important for businesses and organizations that want to take advantage of the benefits of digital transactions. Thank you for reading this article, and we hope that it has provided you with a better understanding of e-commerce and e-procurement.