Purchase Order
Purchase Order in ERP records confirmed supplier orders, enabling inventory planning, payment tracking, and supplier relationship management.
Purchase Requisition
Purchase Requisition in ERP initiates internal requests for goods or services, helping streamline procurement planning and approvals.
Request for Quotation (RFQ)
RFQ in ERP enables buyers to request pricing and terms from multiple vendors, facilitating comparison and informed decision-making.
Vendor Contracts
Vendor Contracts in ERP store negotiated terms, pricing, and durations, supporting long-term procurement efficiency and compliance.
Vendor Quotation
Vendor Quotations in ERP capture supplier offers in response to RFQs, allowing easy comparison and negotiation tracking.
Proposal
Proposal in ERP allows vendors or internal teams to present customized solutions with pricing and scope for customer approval.
Request for Proposal (RFP)
RFP in ERP helps invite detailed proposals from vendors, including technical specs, timelines, and pricing for complex needs.
Sale Order
Sale Order in ERP captures confirmed customer purchases, initiating delivery, billing, and inventory allocation processes.
Frequently Asked Questions
How can I track my sales orders?
You can track sales orders in real time, including order status, invoicing, and shipment updates. This ensures timely fulfillment and improved customer satisfaction.
Can I manage multiple suppliers in the system?
Yes, the purchase management module allows you to handle multiple suppliers, track their performance, and manage purchase orders efficiently to maintain strong supplier relationships.
Does the system support quotation management?
Absolutely. You can create, share, and track quotations for both customers and vendors, making it easier to convert opportunities into sales or confirm purchases.
Are customizable reports available for sales and purchases?
Yes. You can generate and customize reports to analyze sales trends, purchase history, and supplier performance, helping in better decision-making and forecasting.
How does inventory tracking work with sales and purchase?
The ERP system provides real-time inventory visibility, ensuring stock levels are updated with every sale or purchase, preventing shortages and optimizing procurement.