Storyboard Purchase

In our competitive world, saving cost is equals to revenue generated. Purchase of goods and services costs almost 40 – 60% of the average company’s revenue (Ref: Aberdeen Research). An efficient purchase management system in place can save between 8% - 12% of the total procurement cost. In manual purchase process, it is often difficult for organizations to identify the gaps and opportunities to save cost.

 Storyboard Purchase

In our competitive world, saving cost is equals to revenue generated. Purchase of goods and services costs almost 40 – 60% of the average company’s revenue (Ref: Aberdeen Research). An efficient purchase management system in place can save between 8% - 12% of the total procurement cost. In manual purchase process, it is often difficult for organizations to identify the gaps and opportunities to save cost.

Challenges:

• Unbudgeted Purchase
• Unthoughtful Purchase
• Emergency Purchase
• Workflow and liquidity between stock and purchase department
• Keep alerts for stockouts in inventory management
• Accurate data for stock shortage, excess inventory, purchasing requirements in your Firm
• Difficult to track replacement for damaged Stock

Why you need purchase and Inventory Management:

• Streamline, Optimise and Automating the purchase process
• Manage purchasing decisions wit`h an accurate data
• High visibility on workflow for smooth operations
• Maximize return on your investment
• Aids to plan your cash flow
• Invoice Processing for the purchased Product
• Flexible by Integrating purchase based workflow
• Lower prices by aggressive vendor negotiation

Features:

• Fully automated Purchase Process
• Review and approval process based on hierarchical
• Cost center budget control
• Three-way matching for payment process (PO-GRN-Invoice)
• Multiple purchase order from a single purchase requisition
• Multiple enquiry from a single purchase requisition
• High visibility of end to end procurement activities
• Accessibility is user friendly interface