Features
NOW Purchase takes care of functionalities of Purchase Cycle starting from Purchase Requisition to Booking of Material and Expense Invoices of Supplier and managing the Purchase and Produced Inventories.
Extensive features are available to take care of Inter Division/Plants transaction using Internal Document and related transaction functionalities.
This module has following functions:
1. Purchase Requisition Processes
2. Pre-Purchase Processes
3. Purchase Ordering Processes
4. Material Receipt, Verification and Quality Checks
5. Purchase returns/rejections/replacements handling
6. Supplier Invoice Bookings of Material as well as Expenses
7. Invoice Posting Finance
8. Returnable and non-returnable goods handling
9. Warehouse Valuation including at Lot Level Valuations
10. Purchase Analysis
11. Material and Service Orders
Benefits
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Checks all the production phases
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Creates relationships with suppliers
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Evaluates prices
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Runs quality and quantity checks of the order
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Analyzes bills