E-Procurement Systems will Decrease the Occurrence of Corrupt Practices in Procurement Transactions in Guyana's Oil and Gas Industry

This dissertation is aimed at exploring the effectiveness of e-procurement systems towards reducing corruption in oil and gas procurement procedures in Guyana, which is a big problem considering the prevalence of corruption in the old practice.Through a qualitative interview focused on questioning individuals who largely work in the industry as well as quantitatively analyzing the results of procurement before and after the installation of e-procurement systems, the study reveals that indeed e-procurement, in broad terms, has a substantial reduction effect on the level of corrupt practices taking place, hence making the process of procurement more transparent and accountable.The results indicate that the irregularities and disputes have declined significantly.Trust by stakeholders in the procurement processes is enhanced as well.Such findings indeed speak volumes of the need to implement digital solutions in areas where corruption is typical and, using an e-procurement solution as an example, ensure that a large market is made to be more equal, as well as act as a pattern of embracing integrity in procurement in other sectors.The healthcare sphere is also associated with the implications of this study.The said corrupt practices can compromise service delivery as well as resource allocation there.This study therefore shows that e-procurement is good in terms of lower corruption, and therefore it calls upon the idea of e-procuring these kinds of mechanisms in the procurement aspect of healthcare to achieve transparency as well as effectiveness in improving efficiency, thereby improving service delivery in the long term, contributing to the process of defining good governance as well as clean practices in many aspects of procurement.