Advanced
Evaluate the effectiveness of your purchases
The application allows you to track and analyze your performance in real time. The information collected will help you better forecast and plan future orders.
Vendor costs report
Users can track supplier cost changes over time. This allows them, for example, to identify the most expensive suppliers or observe seasonal trends.
Manage deals
Complex orders
Complex orders agreements are long-term contracts between a company and a supplier that provide for regular supplies of products at fixed prices. By simplifying the ordering process, these agreements save time and money while offering potential advantages when negotiating wholesale prices with suppliers.
Tender purchases
The application supports various types of procurement tenders. Alternative RFQs are created for a number of selected suppliers. After receiving the responses, prices, associated costs, and lead times are analyzed. Based on the data obtained, you can decide which product to buy and from which supplier.
Bill control
The bill control policy regulates the quantities invoiced by suppliers on each purchase order, accounting for both the ordered and received quantities.
Vendor bills
Vendor bills track accounts payable as they are received from vendors and can encompass amounts due for purchased goods and services, sales taxes, shipping and delivery expenses, and other charges.
Products
Product stock level
Certain products necessitate maintaining a minimum stock level at all times. By implementing a reorder rule for a product, you can automate the replenishment process, ensuring a purchase order is automatically generated whenever the stock level drops below a specified threshold.
Reorder Rules
Reorder rules maintain forecasted inventory levels above a minimum threshold without surpassing a designated upper limit. When the stock level of a product with a reorder rule drops below the specified quantity, the application generates an order using the defined replenishment method.
Unit of measurement conversions
When purchasing a product, confusion may arise regarding units of measurement. The application provides both manual and automatic conversions of one unit of measurement to another.
