G2B E-governance: A Win-Win Solution for Public and Private Sectors
Significance of G2B Program in E-Governance
In the e-government space, G2B refers to the exchange of information between government agencies and businesses. The services offered through G2B transactions also play a significant role in business development, specifically the development of small and medium enterprises (Pascual, 2003). The opportunity to conduct online transactions with government reduces red tape and simplifies regulatory processes, therefore helping businesses to become more competitive.
The G2B category also includes other business to business transactions including:
- Distribution of policies, memos and rules
- Lodging taxes
- Renewing licenses
- Registering businesses