Procurement Management
Streamline Your Procurement With Business Expert
Business Experts’s Purchase Module helps you to maintain masters for various suppliers and their contacts, track purchases, get a complete purchase rate history etc. It systematically records all the details pertaining to various suppliers, purchase orders, purchase requests, quality checks, purchase returns and much more. It enables you to evaluate a supplier based on delivery time, quality of material and cost of procurement.
Linking accounts and inventory with the purchase process, it enables a business optimize its procurement processes and patterns, thereby improve quality and reduce cost/time of procurement and gain a distinct competitive edge.
- 1. Reorder point and reorder quantity optimization
- 2. Creates and tracks purchase orders
- 3. Evaluates vendor performance and pricing
- 4. Purchase price variance analysis
- 5. Promotion and discount tracking
- 6. Returns and claims management
- 7. Document management