Buying & Procurement (BP)
Streamline your entire purchasing process from material requests to receipts. Automate procurement, enforce budgetary controls, and evaluate suppliers with ease.
Efficient procurement is the backbone of a healthy supply chain. ERP2ALL's Buying & Procurement (BP) module is deeply integrated with its fully established domestic and global financial management systems. This means your purchasing processes are fully supported by multi-legislation (Tax and VAT) compliance, multi-currency capabilities, and local accounting requirements.
By unifying your procurement and financial planning, ERP2ALL allows you to easily optimize your demand and supply management. Here is a closer look at the key features that make the BP module an essential tool for your business:
End-to-End Purchasing Lifecycle
- Complete Process Coverage: Manage the entire buying process from a single platform—starting with raising Material Requests, sending Purchase Orders to suppliers, and recording Purchase Receipts.
- Delivery & Receiving: Easily create and manage delivery scheduling and receiving workflows to keep your warehouse operations running smoothly.
- Open Item Tracking: Maintain complete visibility with comprehensive open item management and tracking.
Financial Authority & Budget Control
- Strict Budget Mechanisms: Control financial commitments against your planned budget. Establish strict budgetary control mechanisms and delegate financial authority through highly customizable user controls.
- Custom Payment Workflows: Create user-defined payment processes tailored to your organization's specific approval hierarchies.
- Term Scheduling: Efficiently manage payment term scheduling to optimize your outgoing cash flow.
Smart Planning & MRP Integration
- Demand & Supply Management: Seamlessly integrated with Materials Requirement Planning (MRP) for vastly improved demand forecasting and supply management.
- Flexible Ordering: Plan and execute orders dynamically, with or without MRP replenishment parameters.
- Dynamic Pricing Rules: Create and implement free pricing criteria and associate custom rules for different procurement scenarios.
Supplier Evaluation & Analytics
- Supplier Rating System: Take the guesswork out of vendor management with comprehensive supplier rating, classification, and detailed performance statistics.
- Robust KPI Dashboard: Make faster, highly efficient procurement decisions backed by real-time data through an intuitive KPI reporting dashboard.