SoftGuide > Functions / Modules Designation > Procurement workflow

Procurement workflow

What is meant by Procurement workflow?

A "procurement workflow" refers to the structured and automated process of acquiring materials and services within a company. It encompasses all steps from requirement identification through ordering to goods receipt and invoice verification. The workflow aims to make the procurement process more efficient, transparent, and error-free.

Typical Functions of Software in Procurement Workflow:

  1. Requirement Identification: Automated capture and analysis of material and service needs.
  2. Requisition Management: Creation and approval of purchase requisitions.
  3. Supplier Selection: Management and evaluation of suppliers and solicitation of quotations.
  4. Ordering: Creation, approval, and tracking of purchase orders.
  5. Approval Processes: Integrated workflows for approvals and authorizations by relevant stakeholders.
  6. Goods Receipt: Recording and verification of incoming goods deliveries.
  7. Invoice Verification: Matching invoices with purchase orders and goods receipts, and approval for payment.
  8. Reporting and Analysis: Generation of reports and analyses to monitor and optimize the procurement process.
  9. Integration with Other Systems: Connectivity to ERP systems and other enterprise information systems for seamless data transfer and process integration.
  10. Archiving and Documentation: Securing and managing all documents and transactions in the procurement process.

 

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The function / module Procurement workflow belongs to:

Business Process Management (BPM)

Workflow and process management

Software solutions with function or module Procurement workflow:

Odoo-ERP
Odoo-ERP
 
 
 
 
 
 
Modular business software
PANFLOW
PANFLOW
 
 
 
 
 
 
Workflow management and process management software
Organization of your maintenance
RETAIL ASSISTANT (MR.KNOW)
Digital assistants and process solutions for retailers and suppliers
INPLAN PRO
 
 
 
 
 
 
The smart procurement solution - modular, unbureaucratic and lean
SECURITY ASSISTANT (MR.KNOW)
Workflows on the topics of ISMS, cybersecurity and NIS2
PRODAT ERP
 
 
 
 
 
 
PPS ERP for manufacturing companies with focus on production control
FuturMaster
FuturMaster
 
 
 
 
 
 
Integrated and efficient planning of your supply chain
MODUS FOODVISION
 
 
 
 
 
 
ERP solution for the food and beverage industry and the associated trade
SALES ASSISTANT (MR.KNOW)
Your digital sales representative and consultant
Show all 28 programs with Procurement workflow