SYSPRO’s Purchase Orders functionality is foundational to facilitating the procurement process and is utilized in the Purchase Recognition, Review of Request, Quotation Requests, Negotiation and Contract, and Receiving Goods/Services steps in the traditional procurement process.
It enables the monitoring of the incoming quality, stock accuracy, lead times and, cost of purchases while providing a comprehensive supplier performance analysis. Purchase Orders also tightly controls the buyer’s spending limits and provides a complete audit tracking for maximum accountability.
Key benefits of Purchase Orders
- Purchase approval workflow via the Requisition system
- Requisition groups for approval levels and budgets
- Fast conversion of approved requisitions to purchase orders
- Multi-currency with fixed or current exchange rate per order