Requisitioning
| Negotiating
with Suppliers | Ordering
| Receiving
and Invoice Matching | Inventory
Management | Asset
Tracking | Analytical Tools
PurchaseSmart supports a sourcing process that
encourages buyers to order goods at negotiated prices,
rather than non-negotiated ones.
- Generate Internet-based price requests (bids or
auctions)
- Enable buyers to source goods from vendors at the
lowest price
- Automatically produce quotations from bids
- Use our bid analysis tool to generate purchase orders
from bids
- Automatically update supplier performance data as
receipt transactions are recorded
- Automatically update pricing and catalog maintenance
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