Netsuite ERP Procurement
Optimize Company Savings with Better Spend Management
Purchasing cycles are often time-consuming and inefficient, especially when requests for goods and services have to be processed manually using a combination of phone calls, emails, paper catalogs and faxes. NetSuite procurement software helps purchasing departments streamline the procure-to-pay process and realize savings with centralized requisition management, intelligent purchasing approval workflow, and simpler purchase ordering.
Benefits
Streamline the Process
Simplify the procurement process on one system for employees to request and for purchasing departments to acquire goods and services.
Improve Spend Control
Realize savings by eliminating unauthorized spending and by consolidating multiple requisitions to negotiate favorable bulk-purchase pricing.
Strengthen Vendor Relationships
Collaborate with suppliers, vendors and partners by providing self-serve access and real-time visibility.
Timely Information and Insight
Improve business performance with real-time access to requisition, purchase order and other key procurement information.
Features
Purchase Requisition
Request approval to procure goods and services quickly and easily.
Approval Workflow
Enforce compliance with purchasing thresholds and guidelines.
Purchase Contract & Blanket PO
Optimize procurement for recurring needs with negotiated terms, tiered pricing, and pre-specified delivery schedules.