Solution
Procurement
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.
Challenges you face
Problems in day-to-day work
This module is built to fix the problems below.
- Purchase requisitions from departments move in a scattered way, so the process starts uncontrolled from the very beginning.
- You can't see in real time which order is pending, approved or delivered.
- Records fall behind because of the gap between purchasing and inventory and finance.
- You can't use your bargaining power because you can't analyze supplier performance and cost trends.
- Quality and compliance checks on incoming goods run independently of the process.
Capabilities
What can you do with Procurement?
The module's core features.
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 business
What you see in daily 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.
FAQ
Frequently asked questions
Approved orders are posted to the inventory module automatically; incoming invoices are transferred to the finance module to start payment processes.
With the supplier performance report you can analyze which supplier is faster and more reliable, together with your cost trends.
With defined policies and quality control processes, the compliance of incoming goods is assured throughout the process.
Requisitions from departments or from inventory are created in the system, so the process starts in an orderly way.
Procurement by sector
Pages on how this module is used in each sector:
Let's configure Procurement around your business
Get in touch for a demo tailored to your team's needs.