Modern purchase order system software will allow for workflows to be created to suit individual businesses. Whether based on role or monetary value, custom workflows for purchase orders, invoices and credit notes can be set up to ensure all the correct stages are in place for each document type. On purchase orders, approvers at all […]

Often purchasing is divorced from the handling of supplier invoices, because the accounts system is used to register invoices. Procurement should be handled as a process in the same system for reasons of control, and correct allocation to items such as nominal codes and tax. Supplier invoices should always carry a genuine company issued Purchase […]

Overspends are the bane of a finance manager’s life and can adversely affect cash flow projections and financial planning. By establishing budgets for departments, cost centres or even projects, purchase order creators will never be allowed to spend over the monies allocated. Budgets can be seen by users at the time of PO creation in […]

With the spread of screen technology of all sizes, the ability to access key information, in real time, and act on it, is now an expected part of commercial life. Putting key processes like purchasing on screen, and making it available 24 x 7, but securely with private cloud, from anywhere you can get an […]

If you still use paper purchase requisition requests, or rely on spreadsheets to control the purchase function…