The Purchasing module is designed to streamline and simplify the procurement process. It is a comprehensive solution that facilitates, prepares and tracks purchasing documents, monitors vendor performance, and tracks the receipt of goods. With the Purchasing module, businesses can easily manage their procurement needs, resulting in a more efficient and effective process. It also helps to maintain supplier relations by tracking vendor performance, It enables businesses to better plan and budget for future purchases. This module is an essential tool for any organization looking to optimize its procurement process and improve its bottom line.
The Purchase Management Function of Cloudby Business Suite simplifies the process of buying goods and services by preparing purchase orders, setting provisions for inventory, and keeping track of supplier information.
The Procurement Planning function manages this process by identifying needs, researching suppliers, creating a plan, and executing it through a streamlined requisition process that includes vendor quotation requests and selection.