Energy · Industry Solution
Procurement for Energy
In energy, asset reliability, field maintenance and the compliance burden require functions to evaluate equipment history and live field data together. Digitize your supply process from start to finish and lower your costs, from purchase requisition to quote and order, and from quality policies to inventory and finance integration.
Energy context
Why Procurement works differently in Energy
In Energy, energy operations center on sector-specific concepts such as asset/equipment management, field maintenance, predictive maintenance. In energy, asset reliability, field maintenance and the compliance burden require functions to evaluate equipment history and live field data together.
Qera ERP's Procurement module is set up around how the energy sector works: Manages spare-part and service purchasing by maintenance plan and critical stock.
- When the maintenance schedule of field equipment and assets isn't tracked, unplanned downtime and breakdowns increase.
- When investment/plant projects aren't tracked alongside budget and progress payments, cost overruns are noticed too late.
- When data from field devices is disconnected from the system, live status and performance can't be seen.
Capabilities
How Qera Procurement works in Energy
The core capabilities of the Procurement module, described for the asset, equipment and field needs of the energy sector.
Purchase requisitions
Create requisitions from departments or from inventory in the system, so the process starts in an orderly way.
Quote and order management
Create and track quotes and purchase orders within the module; each is recorded in detail with its number and status.
Policy and quality control
Guarantee product-service quality and supplier compliance with defined policies; ensure policies are applied throughout the process.
Inventory integration
Approved orders send information automatically to the relevant inventory modules; warehouse receipts update instantly and stock tracking stays accurate.
Financial integration
Incoming invoices are transferred directly to the finance module and payment processes begin; accounting records are kept fast and accurate.
Reporting
Base your decisions on purchase requisition reports, supplier performance reports and cost trend analyses.
Outcomes
What it delivers for your Energy business
What you see in energy operations once it is set up properly.
- Requisitions, quotes and orders are tracked in one system, so goods are bought on time and at a compared price.
- Every step from requisition to invoice is recorded, so you can see where each order is waiting.
- Approved orders post to inventory and incoming invoices to finance automatically, with no manual entry.
- Supplier performance and cost reports let you negotiate with data.
Explore further
Related pages
Full details of the Procurement module, the Energy sector page and other Energy solutions.
Let's plan Procurement for Energy together
Get in touch for a demo tailored to the specific needs of the Energy sector.