Purchase ERP Module

Module overview

Strategic vendor procurement platform. Onboard suppliers through a self-service portal, dispatch RFQs to multiple vendors, evaluate and compare supplier quotations, issue Purchase Orders, and process goods receipt notes (GRN) with landed cost and 3-way matching.

Core strategic benefits

• Negotiate better vendor pricing through side-by-side quotation evaluation
• Onboard and screen new vendors before they ever touch a live PO
• Prevent over-billing with 3-way PO matching

Capabilities & functional features

• Vendor database with performance ratings & lead-time history
• Self-service vendor onboarding via configurable, link-based forms
• Structured prospective-vendor scoring prior to approval, with restrict/blacklist controls
• Request for Quotation (RFQ) generation and supplier quotation receipt
• Quotation evaluation to compare supplier offers, with a quotation evaluation report
• Purchase Order creation with deviation-reason tracking & reporting
• Goods Received Note (GRN) verification, landed-cost calculation & 3-way matching
• BID (Business Intelligence Dashboard) for procurement spend and supplier performance
• Detailed purchase reports, configurable document numbering & purchase audit report

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