Purchase / Procurement System Solution / Software / App

What is Purchase / Procurement System?

Every business / organization needs to purchase / procure to run its operations like Furniture, Machinery, Vehicles, Stationery, etc. To have a competitive price from suppliers / manufacturers, a digital solution is a great support. Before any purchase / procurement, a rational / requisition is required in light of available budget, then Request for Quotation (RFQ) or Request for Proposal (RFP) floated in market to get best prices. Large organizations (enterprise) usually keep record of registered supplier and usually do purchases from them, while medium and small business go for open market competition. E-purchase or eProcurement not only helps to get maximum quotes but also help to keep record of each transaction for audit and transparency.

• 1. Control Panel to Configure System
  • a. Organization Hierarchy
  • b. Product Catalogue
  • c. Service Catalogue
  • d. Suppliers / Manufacturers
  • e. Human Resource
  • f. IncoTerms
  • g. Budget

• 2. Transactions
  • a. Purchase Requisition
  • b. Electronic Approval / Dynamic Workflow
  • c. RFQ / RFP
  • d. Comparative Statement
  • e. Purchase Order
  • f. Supplier / Vendor / Manufacturer Evaluation

• 2. Reports
  • a. PO List
  • b. Product List
  • c. Budget vs Commitment
  • d. PR List
  • e. Pending Orders
  • f. Expected Orders' Deliveries
  • g. PO Aging Report
  • h. Supplier / Vendor / ManufactuerList and Ranking Report

• 3. Alerts and Notifications
  • a. Pending PO
  • b. Expected Orders
  • c. Over Estimated Time of Delivery

• 4. Analytics / Dashboard
  • a. Suppliers / Vendors / Manufacturers
  • b. Purchase Orders - Status Wise
  • c. Budget: Total , Committed, Consumed, Remaining

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