Purchase Module in ERP System

Purchase Module in ERP Software

Purchase Management System

In our ERP Software vERP, the Purchasing module aims to procurement of required raw materials, semi-finished items, or finished goods for production or manufacturing, or trading or own assets purposes.

The Purchase Order System starts after receiving the details of the requisition from various departments, it can be from stores, manufacturing departments, or general management requirement.

Purchase Order System

The entire Purchase Management Process Automates the processes of identifying potential suppliers, receiving quotations from the suppliers, negotiating prices, awarding purchase orders to the supplier, and billing processes.

Purchasing module is often integrated with supply chain management software, accounts, or financial department for any possible leakage into the system and it prevents fraud in purchase management.

Purchase Management Process

Purchase Module in ERP Software is also used in job contracts or sub-contracting some of the production, manufacturing, or project management related work to a third-party contractor from outside of the organization.

The purchase department is one of the important departments of an organization. Proper purchase planning can save a lot of amount and time for a manufacturing or production company.

Purchase Management

Purchase Management System

Features and functionalities in Purchase Module of ERP Software. Our Purchase Management System will help to track the pending purchase orders, suppliers ratings and delivery schedules and rejection parameters so that a purchase head can achieve an excellent purchase planning performance

Purchase Order System

Supplier Creation
Purchase Requisition / Indent
Purchase Quotation
Competitive Statement
Purchase Negotiation
Purchase Order
Purchase Job Order
Material Receipt Note (MRN)

Purchasing Module in ERP

Purchase Inspection
Goods Receipt Note (GRN)
Purchase Invoice
Purchase Return
Debit Note
Invoice Document Upload/Download
Purchase Register
Pending Purchase

Purchase Management

Inspection Register
Inspection Note
Supplier Rating
Supplier Rating Grand Total
Delivery Challan
Delivery Challan Stock Pending
Daywise Pending Purchase Invoice
Rejection Letter

Advantages and Benefits

Benefits of ERP Purchase Module

Advantages and Benefits of Finance Modules in ERP Software, Our vERP Purchase Management System is used both for purchasing the inventory items and non-inventory items like purchasing services.

Improving the purchasing process

A world-class purchasing module in our Software will provide cost-reductions, improve supply chain quality, gain access to new sources of technology, improve cycle time, involve suppliers in product and process development, and streamline processes

Six major stages in purchasing process

Six major stages in purchasing process in our ERP Softeware are Identify user need. Evaluate potential suppliers. Bid, negotiate and select supplier. Purchase approval. Release and receive purchase requirements. Measure supplier performance.

Vendor Management Modules in Purchase

Detailed Supplier / Subcontractor / Service Provider database. MIS for vendor evaluation based on quality, price & delivery time. PO amendments with complete amendment history. Order cancellation and order closing. Quotations from various suppliers.

Import Management

Flexibility to generate Purchase Order in domestic and foreign currency. Bill of Entry. Complete import functionality with handling of custom details – Purchase Bill for import, Excise consideration in imports. Multi currency Management

Automate Purchase Process

Capturing materials requirement. Automatic firing of purchase requisitions based on MRS. Multiple delivery schedules. Multiple indents for multiple items in a single PO. complete control on the procurement cycle.

Service Purchase Invoice

Subcontracting, generation of process orders. Service contracts, Service Bills, Service indents and PO. Sub contracting with / with out raw materails. Purchase bill with updating of GL and purchase book. Advance adjustments

We provide ERP Source Code also, please find more details of source code

Purchase Module

Purchase Module Screenshot

There are more than 40+ screens in purchase Module in erp software which include an entry screen, transaction screen, and report screen. For a sample demo only some of the features in Purchase module of ERP system screenshot provided. Entire features of the purchase module of the erp system you will get in the video demonstration link and in the live demo link of the ERP system