Streamline Your Procurement Process with Finex ERP: The Complete Solution for Efficient Supplier Management.

Streamline Your Procurement Process with Finex ERP: The Complete Solution for Efficient Supplier Management.

Procurement Solutions

Procurement Solutions

Many businesses depend upon the procurement of raw materials and dealings where itineraries are procured for further process and trading. Finex brings to you Procurement software, a cloud-based technology to manage your procurement activities with ease and efficiency.

 

Procurement software helps you manage the process of acquiring goods and services from external vendors and suppliers. It provides tools for tasks such as vendor management, purchase order creation, and invoice processing.

Components of Procurement Module

  • Direct/Indirect/Back to Back Procurement
  • Products and Service Procurement
  • Material/Site Requisition
  • Purchase Requisition
  • RFQ Management
  • Costing/Estimation & Comparison of Multiple offers
  • Approval Process
  • Purchase order (Local & Import)
  • GRN
  • Quality Testing
  • Additional Cost Allocation to Goods
  • Purchase & AP Booking
  • Rejections and Purchase Return Process
  • Automated General and store level order level alerts
  • Branch to Branch Transfer Request and Process
  • MIS Reports

Features of Procurement ERP Module

  • Vendor management: This allows you to manage your relationships with vendors and suppliers, including contact information and performance data.

 

  • Purchase order creation: Helps you create and manage purchase orders for goods and services.

 

  • Invoice processing: Allows businesses to track and manage invoices from vendors, including payment processing and dispute resolution.
  • Inventory management: Helps you track and manage the inventory of goods and supplies.

 

  • Reporting and analytics: Generates reports and analytics to help you track procurement performance and make informed decisions.

Procurement software is a cloud-based software that allows remote access and multi-user interface along with managing multiple branches. Finex offers the best software solution to manage your procurement activities as per your business needs and the size of the business at a pocket-friendly price.

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    Finex ERP, is a technology and innovation company that specializes in providing ERP solutions for the past two decades. We have been generating disruptive solutions with innovative ideas to create software that will be the best fit for every business type.

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