Procurement. Plain and Simple.
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   Negotiating with Suppliers
 
     
  Glossary of terms  
     

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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