Accountability Mechanisms within E-procurement Systems will Result in More Efficient and Timely Procurement Operations in Guyana's Oil and Gas Sector

This dissertation develops an overview of the influence of accountability systems in the eprocurement systems in terms of their impact on the efficiency and timeliness of the procurement functions in the oil and gas sector of Guyana.It addresses the most important question of whether these mechanisms will accomplish the reality of injecting a cure for the frequent downturns and time wastes.The study is of a mixed-method design combining qualitative and quantitative data from a set of case studies, procurement performance functions, interviews of the stakeholders, and surveys, all reflecting the current trends of e-procurement and the issues observed in the industry.The study has revealed that the incorporation of effective accountability systems does reduce procurement delays and increases the level of efficient operations.Stated differently, there is a definite relationship between the existence of accountability mechanisms and the streamlining of the processes.These revelations point out the huge level of relevance that accountability commands in procurement.It happens that where the mechanisms are utilized, clarity and confidence are improved, and it is essential that those two are required to make the stakeholders engaged more and become compliant.The results are not restricted to the oil and gas sector only; other sectors can also adjust and employ similar mechanisms of accountability.This adds to our overall understanding of how to make procurement practices more efficient.In the end, this research makes valuable contributions to the conversation about procurement in countries rich in resources, and it lays the groundwork for future studies that aim to improve procurement processes in different sectors, helping to ensure resources are used more responsibly and efficiently.