Purchase Process
The Purchasing process covers the business processes required for the creation of requisitions, purchase orders, receipt of vendor invoices, and payment processing. The functionality is seamlessly integrated with Materials Management.
Purchase Requisitions
- Auto-generation of Purchase requisitions from Material Replenishment Reports, Requisitions, Sales Orders and Projects.
- Approval levels for the purchase requisitions
Purchase Enquiries and Quotation Comparison
- Purchase enquiries can be generated based on the approved requisitions or can be created as per the requirements.
- Vendors quotations can be entered and compared to findout the best deal.
Vendor / Price appovals and Purchase Price Lists
- Purchase price lists can be generated based on the quotation approvals.
Purchase Orders
- Purchase order auto creation basd on the approved purchase requisitions.
- Manually created purchase orders from time to time requirements.
Material Receipts
- Avoid the overhead of additional data entry by auto-creating and auto-matching material receipts to purchase orders or vendor invoices.
- Two-way and three-way matching is supported, with receiving and invoicing documentation.
Return to Vendor
- Automate your return to vendor process using Vendor Return Materials Authorization (RMA). Vendor RMAs link to the original Purchase Order and Material Receipt. Utilize Vendor Return Policies to control whether the goods are eligible for return, with override capabilities for authorized users
- Two-way and three-way matching is supported, with receiving and invoicing documentation.
Vendor Invoices
- Create and match vendor invoices from purchase orders or material receipts. Material Receipts can also be created automatically from the vendor invoice when the invoice and shipment are received concurrently.
- Two-way and three-way matching is supported, with receiving and invoicing documentation.
Payments
- Generate payments via printed checks, direct debits or credit cards. Optimize the discounts you realize with auto-generation of payments based on vendor invoice payment terms.
Purchase OTIF Dashboad
Purchase Requisition
Auto Create Purchase Order
Purchase Order
