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:

SC-Manager
SC-Manager
 
 
 
 
 
 
Supply chain management software
SERVICEPORTAL (MR.KNOW)
The solution for service companies, in-house service providers and site services
ON BOARDING ASSISTANT (MR.KNOW)
Digital processes for onboarding
SUPPLY MANAGEMENT (MR.KNOW)
Flexible mapping of complex processes during quotation preparation
PANFLOW
PANFLOW
 
 
 
 
 
 
Workflow management and process management software
Odoo-ERP
Odoo-ERP
 
 
 
 
 
 
Modular business software
CODie ISMAN - Ship Management and Fleet Management
Marine Ship Management Software: Procurement, Planned Maintenance, ISM Management, ISPS
GEBRA-Suite
GEBRA-Suite
 
 
 
 
 
 
Customized business applications with flexible modules
Supply chain compliance system CS3D ready
AI-supported supply chain compliance system
MOS - Maintenance Organizer System
Organization of your maintenance
Show all 28 programs with Procurement workflow