eXensys Procurement allows organizations to integrate supply activities across enterprise functions and helps procurement become a business-critical activity. Further it delivers significant cost savings by improved demand consolidation, supply planning and order processing efficiencies.

 

 

  Supports centralized, semi-centralized and de-centralized purchase environments

  Purchase order based on inventory replenishment planning parameters, customer back

   orders and user department needs

  Automated quotations and vendor evaluation based on user defined formulae and criteria

  Multi-location requesting, ordering and receiving

  Blanket order management

  Landed cost calculation

  Credit management

  Service purchase management

  Multi-level authorization for all purchase transactions

  Internal demand classification and consolidation for supply planning

 

 

  A 360 degree turnaround from manual execution of processes to process automation

   leading to reduced operating costs

  Reduction of order lead time results in increased productivity and profitability

  Enhanced decision-making

  Process improvements driven by the implementation of industry best standards

  Improves purchasing power and simplifies expense allocation

  Increases co-ordination, communication and collaboration with suppliers

  Sourcing of quality material ensured through vendor performance evaluation

  Reduced ordering and inventory cost through inventory optimization and supply planning

  Reduced procurement lead time through electronic ordering and purchase order tracking

  Increase in profit margins due to lower procurement ordering costs

 

 

  Uses a single screen for sending RFQs to multiple vendors

  Allows end users to create their own requisitions 24x7 from any location

  Quick reports to access information for facilitating more informed decisions and

   negotiating  better vendor contracts

  Maintains a purchase history file of byproducts and vendors

  Vendor price lists definitions

  Order classification into standard, blanket, open (miscellaneous), subcontracting, service

   & release orders

  Order cancellation, force closure and amendment options

  Four-way invoice matching

  Automates tolerance check

  Recording the vendor quotes and evaluation of multiple quotations, across user defined

   criterion

  Merge and split options for purchase orders

  Vendor evaluation across multiple user defined criterion

  Supports recording proforma invoice extensively

  Quotation comparison

 

 

  Vendor definition and classification, vendor-item definition, vendor evaluation

  Requirement consolidation

  Order processing and release

  Goods / service receipts

  Quality management, invoices and payment adjustments

  Return material authorization

  RFQ and quote management with quotation evaluation options