Procurement business process is the procurement system and its functioning, interaction within the organization and with counterparties.
Depending on how the procurement business process is built, you can either have a well-established system without micromanagement or a chaos system with a corruption schemes high risk.
Procurement procedure provides a possibility to control operational purchases and strategic procurement, simplifies the control of the department's work, reduces time and resources for completing tasks, helps in organizing the procurement department, and mitigates the risk of corruption schemes.
Procurement procedure describes the process and defines the steps from the purchase request to the payment of invoices (P2P). The procurement methodology includes a decision-making system, contains procurement methods and tools, responsibilities of the parties and interaction with other functions of the organization.