Procurement management is one of the key functions in any company. Procurement Teams are responsible for acquiring the products, materials, goods and services needed for efficient business operations.
Typical terms such as “sourcing,” “purchasing” and “procurement” interchangeably used in the process of procuring supplies and managing the process.
FactoryPRO’s procurement management application enables the companies to achieve procurement with the following key functionality:
Users of FactoryPRO can maintain a price list with the system. Users can create Purchase Requisition/Purchase Order through the system which will go through the predefined workflow for approval. The Application also sends email notifications to the pertinent users about key information.