Manage RFQs
- Create, send, and evaluate Requests for Quotation to select the best supplier offers.
Auto PO Generation
- Automatically trigger POs when stock levels fall below reorder points to prevent stockouts.
Issue Purchase Orders
- Generate and dispatch purchase orders with item details, quantities, delivery dates, and terms.
Amend Purchase Orders
- Revise quantities, delivery schedules, or pricing on existing POs and notify suppliers.
Track PO Status
- Monitor each PO’s lifecycle—Draft, Submitted, Ordered, Received, or Closed—in real time.
Handle Material Requests
- Create and approve internal Material Requests for production or project sourcing needs.
Record Purchase Invoices
- Enter supplier invoices, match them to POs or receipts, and post liabilities automatically.
Process Purchase Receipts
- Log goods received against POs, update inventory levels, and flag discrepancies.
Analyze Purchases
- Generate spend reports, supplier performance dashboards, and cost‐trend analyses.
Manage Purchase Taxes
- Configure tax rules and additional charges; apply them automatically on POs and invoices.