The inter-organizational systems (IOS) affect all aspects of market and trade relationships, including search, negotiation, procurement, invoicing, and payment. This electronic links improves efficiency and effectiveness in markets and other inter-organizational transactions by: decoupling the flow of products from flow of information and market processes; reducing transaction costs by replacing costly physical markets with electronic marketplaces; and improving the ability to audit and monitor transactions, allowing the organization to increase delegation of responsibility without losing control.
|Number of pages||1|
|Journal||Proceedings of the Hawaii International Conference on System Sciences|
|Publication status||Published - 1998 Jan 1|
All Science Journal Classification (ASJC) codes
- Computer Science(all)