Procurement Management
Procurement Management is the core activity of a manufacturing industry. It helps in procurement planning, supplier selection, purchase order creation, invoice verification and payment management.
Key Features
- Lot / Transaction No. Management & Tracking
- Purchase General
- Purchase Assets
- Purchase Returns
- Item Price List / rate default from Supplier
- Purchase lead time handling
- Add and manage suppliers / vendors information. Store suppliers payment terms and payment methods
- Keep a track of all purchase requisitions
- Track all purchase quotations and orders
- Create and manage single or multiple purchase orders
- Save repeat procurement details
- Receipt procurement
- Manage all special expenses and in multiple currencies
- Invoice verification
- Payment Management
- 1Track and save information on material / goods return to vendors
Benefits
- Fully scalable
- Automate your procurement process from purchase order creation to vendor invoice payment
- Get full transparency into the procurement process by gaining information on suppliers, purchase orders and payment management
- Improves procurement planning and helps in cost savings