Purchase Order Management System can be an effective tool for organisation to automate their purchasing process and thereby helps the management to gain visibility and control over the purchasing process which can open up the opportunity to save cost in many ways.
Vcidex PMS can help you to streamline your end user requirements, control spending with approval mechanism, reduce paperwork with work flow based system, lower prices by aggressive vendor negotiation, lower inventory by increasing turn around time and comply with Government and Audit regulations.
Unique Selling Points:- Raise Requisition with TAT (Turn Around Time)
- Hierarchical based review & approval process
- Cost Center budget control
- Vendor categorization based on product group
- Dynamic quotation comparison
- Rate contract management system & Auto Purchase Order generation
- 3 way matching for payment (PO – GRN – Invoice) & Vendor login portal
Features:- Fully automate the requisition-to-GRN process
- Create purchase requisitions and route them for approval as a work flow system
- Supports both parallel approval & sequence Approval
- Consolidate multiple requisition from different users into one purchase Order
- Create multiple Purchase order for different vendors from a single purchase requisition
- Create multiple enquiry to different vendors from a single purchase requisition
- Generate purchase order from previous quotations received fromv endor for frequent purchase requisitions
- Accept multiple goods receipt for one purchase order
- Can make part payments to vendor and track pending invoices
- 4 Way Match between Purchase Requisition - Purchase Order - GRN –Invoice.