Features and Functions of eresource ERP Purchase Module

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Purchase Module in eresource ERP

The Purchase module in eresource ERP streamlines the procurement process, enabling businesses to manage material requisitions, indents, and RFQ processes efficiently. Here’s an overview of its key features:

  • Material Requisition :  Streamline the request process for materials, ensuring timely fulfillment of requirements.
  • Indent :  Create indents for materials needed, facilitating efficient procurement planning.
  • RFQ Process :  Manage the RFQ process, including enquiries to suppliers, receipt of quotes, comparison of supplier quotes, and creation of purchase orders and invoices.

Detailed Features

Approval Hierarchy

Define and manage approval workflows for orders, ensuring compliance and control.

Credit Information of the Supplier

Access customer credit information to make informed decisions on credit terms.

View Last Purchase Prices

Quickly reference previous purchase prices for products, aiding in negotiating favorable terms.

View Inventory While Booking the Order

Check inventory levels in real-time while placing orders, preventing stockouts.

View Supplier History

Access supplier interaction history, facilitating supplier relationship management.

The Purchase module in eresource ERP simplifies the procurement process, from material requisition to invoice payment. By providing tools for efficient indents, RFQ processes, and comprehensive supplier management, it enables organizations to optimize their procurement operations.

  • Integration and Collaboration

    The eresource Purchase module is designed to seamlessly integrate with other modules within the ERP system, such as Inventory Management, Finance, and Sales. This integration provides a holistic view of procurement activities across the organization, enabling better coordination and decision-making.

  • Efficient Procurement Processes

    eresource Purchase module streamlines the entire procurement process, from material requisition to invoice payment. It automates workflow processes such as purchase requisition approval, purchase order generation, and invoice verification, reducing manual errors and improving process efficiency.

  • Comprehensive Reporting and Analytics

    The module generates comprehensive reports and analytics on procurement performance, supplier performance, and purchase trends. These insights enable informed decision-making, allowing organizations to optimize their procurement strategies and drive cost savings.

  • User-Friendly Interface

    The module offers a user-friendly interface that is easy to navigate, reducing training time for new users and increasing user adoption. Its intuitive design makes it easy for users to access and manage procurement data, improving overall productivity and efficiency.

Benefits and Advantages

Improved Efficiency

Streamlined processes lead to quicker turnaround times and improved productivity.

Enhanced Supplier Management

Access to supplier history and quick RFQ processes result in better supplier relationships.

Better Decision-Making

Access to real-time data and insights enables better procurement decisions.

Cost Savings

Efficient procurement processes lead to cost savings and better budget management.

Compliance

Ensure compliance with procurement policies and regulations by maintaining accurate records.

Scalability

The module is scalable, making it suitable for businesses of all sizes.

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