Benefits Of Purchase Management To Track Purchases from Supplier

Odoo is an open source ERP system. Odoo applies module-based architecture ie. you can add several different features and functionalities without hampering other feature of the system. Odoo having minimum dependencies of module on another module, Odoo implementation is one of the easiest way to upgrade the working functionality of the ERP solutions.

There are more than 3000 modules available an organization can choose from and install as per their requirement of the business. Some of the most commonly used modules are sales, purchase, inventory and accounting.

In our today’s blog we will be discussing about the purchase management module of odoo. Purchase management helps to track your purchases from supplier tracking, till supplier price quotations. It allows you to have a perfect workflow of your different purchase activities which further allows you to make quick decision making. The Purchase work flow also allows you drill down with the information of the attached document and other parts. OpenERP a leading open source Business software helps you to handle deliveries in so that you can have a track of the items you purchase till the delivery of your Products.

Purchase Management Module is also integrated with Accounts and Inventory which automatically updates inventory management and financial management. OpenERP Purchase management automates the processes of identifying potential suppliers, Supplier Evaluation, Supplier.

Quote Evaluation, Win purchase order to the supplier, and billing processes. Purchase module is integrated with other important module to ensure a proper flow from one module to another without duplication of entries.

FEATURES OF PURCHASE MANAGEMENT:
Automated Procurement Propositions
Purchase Tenders
Email integrations
Standard Price, Average Price, FIFO
Import Vendor Pricelists
Control Products and Invoices

To know more about Odoo contact us anytime.

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