Does E-payment influence procurement performance? A case of geothermal development company in Kenya

Abstract

This study sought to determine the influence of e-payment on procurement performance in Geothermal Development Company in Kenya. The theory adopted by the study was Business to Business model. A descriptive research design was adopted in this study. Target population included the total number of employees working in procurement and logistics departments in GDC Nakuru region. There are a total of 170 procurement as well as logistics employees in GDC. Multi-stage sampling method was used where 97 respondents were selected as the study respondents. Questionnaires were used to collect primary data. The instrument was tested for validity and reliability where Cronbach's alpha was used to test the reliability of the instrument. The alpha values for all the variables were above 0.8 well above the recommended threshold of 0.7. Thus the instruments were deemed reliable for data collection in the study. Data collected was analysed using Statistical Package for Social Sciences (SPSS). Findings were presented in form of descriptive statistics and inferential statistics and presented in tables accompanied with relevant discussion. This study concluded that e-payment has a significant relationship with procurement performance. The study recommends that it is important for the company to adopt e-payment as a means of boosting procurement performance in the long run. E-payment was shown to be strongly correlated with procurement performance. Further, e-payment was shown to significantly influence the variation in procurement performance unlike the other variables.