Purchase Demands
The Purchase Demands managing procedure, and covers its full process starting form purchase requisition creation to its deletion.
Manage purchasing and accounts payable
Vendor Management
Managing your vendors can be quite difficult without a centralized platform to help you. E-procurement offers that centralized database to capture all of your vendor information.
Contract Management
To maximize your procurement process, you must also have a contract management system in place. With an e-procurement system, you can centralize your contract management by attaching documents to each vendor.
Invoice Management
Using procurement software helps match invoices and order receipts accurately and Route them through the necessary approval processes to your financial software as quickly as possible to maximize your invoice processes efficiency.
Purchase Requisition Platform
For buy requisition solutions, you have several possibilities. They're more available and inexpensive than ever before, so now's the time to modernise your purchasing system. Faster processing times, improved control, and cost savings are just a few of the advantages of using an automated buy requisition platform.
Purchase Request and Requisition Process
A buy requisition process is the sequence of activities that occurs when your department needs to make a purchase. There are a number of activities that must be performed before the purchasing team can fulfil the request, beginning with the discovery of a business requirement such as office supplies and ending with the delivery of items.
Automating your purchasing process
The request will be reviewed by the procurement department. Following the evaluation, they may approve or reject the case. If it is refused due to a lack of information, it is returned to the asking department for revisions before being sent back to the appropriate approvers.
E-Procurement Core Functionality
Unless you understand how a procurement system works, hearing that it can assist enhance your business process isn't all that amazing. Modules in e-procurement systems assist in managing the numerous procurement tasks within the firm. These modules, in turn, provide a number of processes that automate and simplify the process throughout your organisation.
