Financial Management

November 6, 2024

Davis Barugahare

UD76025BBU85207

E-Procurement: Enhancing Financial Management in Uganda's Public Sector

This paper examines the role of e-procurement in improving financial management within Uganda’s public sector. It highlights the inefficiencies and corruption prevalent in traditional procurement processes and advocates for the adoption of electronic systems. By implementing e-procurement, public institutions can enhance transparency, reduce costs, and ensure better allocation of resources.

Click here: Transforming Procurement

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Assignment Transcript

Barugahare Davis’s research delves into the transformative potential of e-procurement in Uganda’s public sector. The study identifies key challenges in financial management, such as misallocation of funds and corruption, and proposes e-procurement as a solution. By leveraging technology, public institutions can streamline procurement processes, enhance accountability, and foster better financial practices. The paper emphasizes the importance of adopting e-tendering, e-ordering, and e-sourcing to improve efficiency and transparency, ultimately leading to sound financial management. This research serves as a crucial guide for policymakers and public administrators aiming to modernize procurement practices and achieve sustainable development goals in Uganda.

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