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Transactional transparency is perhaps the most relevant aspect of effective procurement operations. Transparency aids in mitigating potential conflicts ****ween buyers and suppliers, and helps businesses formulate ****ter strategic decisions. It is also helpful in pinpointingadterr areas where costs and efficiencies can be improved – this is one of the greatest barriers to transparency within businesses, since different departments operate using diverse systems and data management tools which makes information sharing problematic. However, companies enhance their transparency in purchasing processes when they develop a centralized information management system and integrate it with other business processes.