PURCHASE MANAGEMENT

Timely Purchase and Optimum inventory levels are key to business growth

Tez ERP’s Purchase Management helps in making purchase decisions. It provides assistance whenever required, giving you a complete view of the purchases for order fulfillment. While you are at it, you can analyze your purchase process and make a decision based on the same. There are times when fulfillment of orders becomes difficult, due to non-availability of stocks; this could be from many reasons, including mismanagement of inventory process, manual error, or delay in creating purchase orders. They can all be under your control and at your fingertips; you can get stock updates through MIS alerts (link the page here) by the end of the day. This feature limits the need for your physical presence everywhere. There are times when the stock is lying in the warehouse, but there is no update of stocks due to manual error, this could result in hefty losses. Provisions for the same are also provided in the software.

Our software allows you to take informed purchase decisions based on sales orders, indents received from branches, minimum stock (reorder) level, pending purchase orders. System automatically computes the required quantity and creates a purchase order based on last purchase. Of course you could change details, including vendor, quantity and rate, but in most cases this is a great time-saver.

FEATURES OF PURCHASE MANAGEMENT IN TEZ ERP:
  1. TEZ ERP® helps in creating PO’s, monitor spending, approval of invoices, thus reducing the paperwork throughout the process.
  2. Greater speed, accuracy, visibility, and control in purchase management workflows.
  3. Purchase Analytics to use across multiple locations or from multiple devices.
  4. Manages all kinds of PO’s and are also tracked efficiently.
  5. Purchase Orders can be created while out of the office, on-site, while visiting a client, or while traveling- wherever your needs to be!
  6. Eliminate the risk of incorrect payments. Every purchase is tracked from order to payment, with all documents attached to the PO records.
  7. Informed purchasing decisions can be made with all the relevant information available when you need it.

REAL-TIME CLIENT EXPERIENCE:

A business owner needed to have a real-time analysis of the business accounting to make informed decisions. With TEZ ERP® Purchase Management, he could get the entire purchase order summary at his fingertip with one click. Now, he could get the following details regarding purchases of his organization.

Dashboard Summary – Low Stock Products, Pending PO’s, Total Items Overdue, Purchase Invoices all at one place. He could now have access to all the above information with TEZ ERP® Dashboard where he could generate various reports directly and make a decision.

  1. Generation of Vendor Purchase Order
  2. Stock Updates at your fingertips
  3. Reports like Pending PO, PO Overdue for quick-followup
  4. Details of Pending Purchase Orders and Purchase Invoice Entry.

TEZ ERP® is your perfect purchase decision making assistant. Want to own this Assistant, let us show you the demo over a coffee. Contact us now!

TEZ ERP®

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