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SOLVENEST TECHNOLOGIES | Custom Software, ERP & CRM Development Company

Solution

Purchase Management

Buy the right quantity, at the right price, from the right vendor

Overview

Purchase management brings structure to buying: departments raise indents, quotes are compared side by side, purchase orders carry approval limits, and goods receipt is matched against both the order and the invoice.

Over time, vendor performance data shows who actually delivers on time and on specification.

Core Modules

Indent Management

Departmental requisitions with approval routing.

Quotation Comparison

Side-by-side vendor quotes with landed-cost calculation.

Purchase Orders

Approval-gated POs with terms, schedules and amendment history.

Goods Receipt

GRN with quality inspection and short or excess supply handling.

Three-Way Matching

PO, GRN and invoice matched before payment is released.

Vendor Scorecard

On-time delivery, quality and pricing performance per vendor.

Feature Highlights

  • Multi-level approval workflow
  • Landed cost calculation
  • Rate contract management
  • Purchase return handling
  • Vendor ledger and ageing
  • Reorder-driven suggestions

Why It Pays Off

Better buying prices

Systematic comparison and rate contracts reduce material cost.

No unauthorised purchases

Approval limits enforced by the system, not by convention.

Payments match reality

Three-way matching stops payment on goods never received.

Free consultation

Interested in Purchase Management?

Tell us how your process works today. We will show you which parts this solution covers out of the box, and what would need customising.

  • Response within one business day
  • NDA on request
  • Fixed-scope or retainer engagement
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