Purchase Management

• Detailed Supplier/Subcontractor/Service Provider database.
• Capturing materials requirement.
• Raise purchase requisitions based on MRS.
• Quotations from various suppliers.
• Recording Payment terms in PO.
• Tax consideration in Purchase and Process Orders.
• PO authorization.
• PO editing with complete editing history.
• Order cancellation and order closing.
• Multiple delivery schedules.
• Quality inspection of goods.
• Quotation validity.
• MIS for vendor evaluation based on quality, price & delivery time.
• Subcontracting, generation of process orders.
• Multiple indents for multiple items in a single PO.
• Purchase order processing.
• Purchase order entry with item details and other details like taxes, discounts.
• Flexibility to generate Purchase Order in domestic and foreign currency.
• Advance adjustments.
• Purchase bill with updating of GL and purchase book.
• Service contracts, Service Bills, Service indents and PO.
• Value-based approval of indents.
• Bill of entry.
• Complete import functionality with the handling of custom details.

• Streamlines purchase and process cycles.
• Reports for order tracking for complete control over the procurement cycle.
• Invite and evaluate quotations from multiple suppliers.
• Easily identify potential suppliers.
• Procure the right quality, in the right quantity, at the right time, at the right price.
• Finally, a quick effective and efficient decision making on all your purchase needs.

Without procurement, all manufacturers come to a halt. iTexClouds ERP purchase module, helps you to streamline your end to end procurement process.