Requisitioning
| Negotiating
with Suppliers | Ordering
| Receiving
and Invoice Matching | Inventory
Management | Asset
Tracking | Analytical Tools
PurchaseSmart gives you an extensive set of real-time
analytical tools and reporting capabilities, so you
can evaluate supplier performance, buyer purchasing
patterns and pricing fluctuations instantly.
PurchaseSmart not only tracks the actual costs of purchasing,
making it easy to measure ROI, but captures critical
procurement data you can use to analyze spending, measure
supplier performance and identify opportunities to leverage
spending. In short, we create the foundation for truly
strategic sourcing.
- Track unauthorized requisitions
- Evaluate department and commodity spending patterns
- Evaluate pricing up to six different ways
- List top suppliers based on dollar spending
- Track non-contract purchases and negotiated purchases
- Analyze supplier performance based on quality, price
and delivery
- Track buyer ordering cycles and processing times
- Track the movement of stocked items
- Monitor available inventory to facilitate automatic
replenishment
- Capture partial deliveries, over deliveries and
returns
- Track inventory that is ordered, but not yet invoiced
- Create an up-to-date record of fixed assets-automatically
|