Purchasing is crucial part of the material management department and consists of two segment of people, one who is selling the product and other who is purchasing it. Purchase Management ERP provides total grip for producing a purchase order, completing the procurement process, vendor payment, cost accruals, etc. This module is also responsible for establishing communication with other modules in order to ensure a constant flow of data and information.
Purchase management also looks after preparing invoices, purchase orders, and other similar task. It is integrated with production, planning and inventory control. This ERP module determines whether vendors are providing services within the specific time or not. Vendor evalution activities are integrated inside purchase module which allows the purchase order only for those vendors which are approved.
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