Purchase Management
Streamlined procurement process from requisition to payment with supplier management. Perfect for cable & wire manufacturing, electronics, and industrial production.
Purchase Module Overview
The Purchase Module manages the procurement process from requisition to payment. It handles purchase orders, supplier management, invoice processing, and payment tracking. The module integrates with Inventory, Production, and Finance modules to ensure seamless procurement operations.
Key Capabilities
- Purchase Order Management
- Supplier Management
- Invoice Processing
- Payment Tracking
Integration Benefits
Seamless integration with Inventory, Production, and Finance modules ensures efficient procurement operations and accurate financial tracking across all business processes.
Core Purchase Functionalities
Comprehensive procurement management capabilities designed for manufacturing and industrial environments
Purchase Orders
Create and manage purchase orders with detailed specifications, quantities, and delivery schedules.
- • Order creation and management
- • Quantity and delivery scheduling
- • Status tracking and updates
- • Integration with inventory requirements
Supplier Management
Comprehensive supplier database with performance tracking and evaluation capabilities.
- • Supplier registration and profiles
- • Performance tracking and evaluation
- • Contact and communication management
- • Supplier rating and selection
Invoice Processing
Automated invoice processing with three-way matching and approval workflows.
- • Invoice receipt and validation
- • Three-way matching (PO, GRN, Invoice)
- • Approval workflows and routing
- • Exception handling and resolution
Payment Tracking
Complete payment lifecycle management with tracking and reconciliation capabilities.
- • Payment scheduling and planning
- • Payment status tracking
- • Reconciliation and reporting
- • Cash flow management
Procurement Planning
Strategic procurement planning with demand forecasting and supplier optimization.
- • Demand forecasting and planning
- • Supplier optimization and selection
- • Cost analysis and budgeting
- • Risk management and mitigation
Purchase Analytics
Advanced analytics and reporting for procurement performance and cost optimization.
- • Purchase performance metrics
- • Cost analysis and trends
- • Supplier performance reports
- • Procurement insights and recommendations
Purchase Workflow Process
Streamlined procurement management from requisition to payment
Requisition
Create purchase requisition
Quote
Request quotes from suppliers
Order
Create purchase order
Receive
Receive goods and services
Invoice
Process supplier invoice
Pay
Process payment to supplier
Key Purchase Benefits
Transform your procurement operations with intelligent automation and cost optimization
Cost Optimization
Strategic supplier management and procurement planning reduce costs and improve value for money.
Process Efficiency
Automated workflows and approval processes streamline procurement operations and reduce manual effort.
Supplier Management
Comprehensive supplier database with performance tracking ensures quality and reliability.
Financial Control
Complete financial tracking and reporting provide visibility into procurement costs and performance.
Ready to Optimize Your Procurement?
Discover how our comprehensive purchase management module can streamline your procurement operations and reduce costs.