Our Purchase Module is designed to facilitate hassle-free procurement of raw-materials and other required items for your business. It automatically identifies potential suppliers, runs evaluations on supplier quotes and takes care of purchase requisition, purchase enquiries and purchase quotations. The module keeps track of past purchase records and enables quotation comparison and selection of vendors.
This module is equipped to schedule your purchases and raise purchase orders to approved suppliers. The system is designed to generate purchase orders only after evaluation of various factors, including supplier quotes and history.
Create a purchase for the required item by identifying the most eligible supplier
Keep track of your purchases and access them anywhere at anytime
After purchase orders are placed, this module keeps track of your goods to the point they are received. All orders are considered to be pending until they arrive, and once they arrive, the system updates the stock accounts.
When the goods are received, receipt notes are created, following which purchase invoices are generated.
Faulty products are identified and returned to suppliers if they do not meet the required standards. Stock accounts are updated to indicate missing products.
Purchase history is stored along with the vendor histories, and gets regularly updated with passing purchases.
After your products are successfully received, our software initiates purchase settlement by generating goods receipts or invoice receipts. It considers discounts, reductions, etc. and exempts items such as blocked products from payment. Once the deal is successfully closed, all information pertaining to the same is stored in the database for further reference.