The Procurement module is much more than a purchase orders system. It is a 100% Web-based purchasing control system and integrates seamlessly with ProcureIT's inventory and assets systems.
From requisition to reconciliation, the Procurement module is built around purchasing best practices and automatically enforces organizational policies for spending limits and approvals.
It reigns in maverick spending and provides valuable information to negotiate more favorable contracts and monitor vendor performance.
With ProcureIT, there's no more manual, paper-based routing of requisitions, purchase orders, and packing slips because all transactions occur within the Web-based system, which captures a complete audit trail of activity.
Specific features include:
- Online Requisitioning (electronic catalogs incorporated)
- Transaction Based Audit Trails
- Online Approvals and Purchasing
- Automated Faxing
- Internal Messaging
- Request for Quotation
- Electronic Ordering Capabilities
- Standing Orders
- Freeform Orders
- Rule Builder
- Transaction Based Reporting
- Predictive Reporting
- Multi-User Defined Pick Lists
- In/Out Status Tracking
- Purchase Order Attachments
- Real-Time Status Updates
- Purchase Order Consolidation