Efficient Procurement Systems to Achieve Government Savings

09-Mar-2016 09:45:00

South Africa - We at FlowCentric Technologies noted with interest, that during the 2016 Budget Speech Minister Pravin Gordhan highlighted the importance of efficient procurement systems in achieving the mandated savings of R25 billion a year by the third year of the current MTEF period.

The e-tender portal is definitely a step in the right direction to improve public awareness and the transparency of tenders that are available in the government space.

As a company that is intimately involved with its customers in saving millions of Rand each year by optimising their processes (procurement or otherwise), we certainly hope that government’s use of technology to increase transparency and performance is a trend that will continue to make headlines in 2016.

Topics: Insider


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