Purchase Order Processing

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Module Overview

INSIGHT's Purchase Order module provides real-time visibility to key aspects of all purchasing processes. Purchasing staff can combine information such as: stock and non-stock purchase orders, 'received not invoiced' data and general ledger distributions in a single inquiry. Greater visibility of purchasing information enables increased discounts, improved supplier performance and lower overall purchase costs.

Purchase Order Processing - Review Purchase Value by Order Status

Key Benefits :

• Increase profitability
• Monitor supplier performance
• Enhance productivity
• Improve decision making
• Greater efficiency

Increase profitability

Increase profitability

Benefit: Secure better discounts by identifying volume needs and consolidate vendors based on cost and performance.

How: Compare supplier performance easily with the aid of our calculation engine and traffic lighting.

Monitor supplier performance

Monitor supplier performance

Benefit: Compare Key Performance Indicators (KPIs) to determine favorable vendor relationships.

How: Display early, late or on-time delivery percentages to re-allocate orders to preferred suppliers.

Enhance productivity

Enhance productivity

Benefit: Expedite month end by proactively identifying variances.

How: Combine requisitions, purchase orders and 'received not invoiced' information to highlight cost issues.

Improve decision making

Improve decision making

Benefit: Assess impact of goods received with better analysis of lead-time.

How: Easily track ‘days between’ order date and need by date to identify lead-time trends.

Greater efficiency

Greater efficiency

Benefit: Quickly reconcile ‘received not invoiced’ account.

How: Instantly compare ordered, billed and delivered amounts and quantities in a single inquiry.

All of this can be done in real-time, so the right people get the right information right when they need it.