Frequently Asked
Can I automate purchase approvals?
Yes, our system supports configurable multi-level approval workflows for both purchase requisitions and purchase orders. You can define rules based on department, value thresholds, or item categories to ensure compliance and control.
Does it support direct purchases?
Absolutely, The system allows for direct miscellaneous purchases that bypass the standard PO workflow, ideal for urgent or unplanned buys. These purchases are still tracked and linked to financial records for transparency.
Can I track vendor performance?
Yes, vendor performance is evaluated based on delivery timelines, pricing consistency, quality ratings, and responsiveness. This helps in selecting the best suppliers and negotiating better terms over time.
Does it integrate with inventory and finance?
Seamlessly. Goods Receipt Notes (GRNs) automatically update inventory levels, while purchase transactions flow into the finance module for invoicing, payments, and reconciliation, reducing manual entry and errors.
Can I manage import purchases and LCs?
Yes, you can track Letters of Credit (LCs), link them to specific orders, and monitor associated documents and milestones. This ensures smooth international procurement with proper documentation and compliance.
Is it suitable for global purchasing?
Definitely. The module supports multi-currency transactions, international vendor management, and landed cost calculations, making it ideal for businesses involved in global sourcing.
Does it support subcontracting?
Yes. Track materials across vendors and stages with full audit trails.
Are alerts available for delays?
Yes. Get notified for overdue POs, budget breaches, or low stock to act quickly.