Procurement Management

The procurement module of an ERP system puts you in control of your supply chain, with streamlined functionality to minimize acquisition costs and optimize collaboration with your trading partners. Fully integrated with Financial Management, Accounting & Warehousing, this module allows you to:

Benefits

• Maximise cash flow by standardizing and automating AP processes.
• Reduce inventory and distribution costs, while maintaining high service levels.
• Share inventory and usage information with suppliers through secure role-based browser access, and easy web services integration.
• Control employee purchases through centralized web-based requisition management.
• Integrate warehouse processes to reduce waste, errors, and cycle times.
• Respond quickly to inventory shortages, supply changes, and shipment delays.
• Purchase planning base on production necessities keeping in mind minimum stock levels, goods receipt dates and pending requests.
• Support for purchase requisition for centralised purchase management
• Purchase orders; correction of orders, creation of PO from sales order, refunds to the vendors
• Rates application; prices, discounts and price limit controls
• Receipts; automatic creation from pending order lines, automation of incoming goods, cancellation of delivery notes
• Purchase invoices, Expense invoices
• Massive printing of documents
• Purchase order reports, vendor invoices