Manugics E-Procurement software is a set of solutions that help to automate the purchasing work of companies. You can utilize it to raise and approve purchase orders, pick and order the product or service, receive and match the invoice and order, and pay the bill online. Your company’s procurement unit can make sure nothing can be ordered without proper approvals. Plus, they can get good value by combining multiple orders for the same types of goods and by getting discounted offers from suppliers for the contract. E-procurement system helps you gain from economies of scale and to reduce the purchase costs.
Manugics E-Procurement facilitates the creation of product catalogs, requisitioning, and PO generation for indirect spends. The solution’s AP Automation module automates the capture of paper, email, and electronic invoices, 2- and 3-way invoice matching, and routing of invoices to the appropriate business users for exception handling and/or approval. The solution integrates with the organization’s ERP system in order to match invoices against supplier master data, POs, and GRNs created in the ERP, and to post approved invoices back to the ERP for payment.
Shortlist apps that offer the following important procurement features:
Selection and orderingProcurement software use a simple format to organize and display product information which makes it simple to compare various products. This is especially useful for selecting commodities as they do not have any variations in quality or features.
Purchase order approval and deliveryThe software organizes data in one place which makes it simple to track purchase order approvals. This ensures that goods are ordered only with the knowledge and approval of the concerned managers. The system then delivers the purchase orders to vendors using their preferred method of delivery.
BillingBilling functionality matches invoices to orders, and enables easy electronic bill payments. This is especially useful in procurement software for small business.
“Easy and effective software which generates returns from the first day of its implementation.”
The main benefits of using this system are:
One does not simply
tackle procurement alone