Benefits of Purchase Intelligence

The complete purchase to pay process has been automated with a highly configurable out of the box solution. Purchase Intelligence saves you money by providing excellent commitment control, multi-route authorisation, seamless integration with your Accounts Payable and your job cost records and by removing data duplication and paper flows. You have full control over your workflows, document formatting and user reporting.

Item Master and Bill of Assembly

If you are re-selling vendor products or designing bespoke solutions for your customers Purchase Intelligence provides you with a sophisticated set of tools to support all the information you require. Design drawings, assembly work orders, preferred vendors, margins, discounts are easily maintained and can be re-configured to meet your specific needs.

Requisition

A number of purchasing routes are created allowing users to raise a request for any number of designated product types. The requisition project filters can be refined for each purchase route. Requisition requests are routed through workflows pulling information directly from your accounting system or HR system.

Sourcing

Once approved the requisition can be auto-placed with a preferred vendor or can be routed through to a buyer based on sourcing rules. The buyer will decide whether the requisition is sourced from stock or from a purchase. The buyer can use punch-out to pull full vendor pricing and model details from the vendor web site.

Receipting

Each product category can have its own set of receipt attributes required to be captured at the receipting stage for service or goods. If the items are stocked then these are added to inventory. Accrual accounting can be enabled at this stage if required.

Inventory

Bulk parts or serialised individual items can be held in lots or batches and recorded at particular bin locations. The full life-cycle of equipment, stock and parts is supported with easy to use transfer, repairs, returns, exchange and disposal facilities.

Links to Accounts Payable

Invoice Matching can be performed using two, three or four-way matching with dynamic links to your accounting systems. A fully validated Accounts Payable batch is created with the correct Job/Account code markers in your system.