Run the whole supply cycle with purchase management in iCore ERP: from internal purchase requests and supplier quotations, through comparison, awarding and goods receipt, to the supplier invoice. Data moves between stages without re-entry, with approval workflows and budget and quantity control along the way.
The supply cycle starts with an internal purchase request for the items and quantities needed, and its data carries into every later stage without re-entry.
Send requests for quotation and record the offers suppliers return in one place, ready to compare and decide.
Compare supplier offers on technical and financial terms, and evaluate suppliers before deciding who wins the award.
Issue purchase orders from the awarded offer and route them through your approval workflows before they go out, keeping spending under control.
Receive goods in one delivery or several, and follow the quantities received and still outstanding on every purchase order.
Record supplier invoices and purchase returns in the same cycle, so the cost flows straight into inventory and into the supplier’s balance.
Purchasing is linked to inventory, accounting and tax, so receipts and invoices are reflected in balances and entries without extra manual work.
Link purchase requests to projects and cost centres to see where purchasing spend goes and why.
Reports that help you follow purchases, suppliers and purchase prices, so sourcing decisions rest on clear data.
Yes. iCore records supplier offers and lets you compare them technically and financially and evaluate suppliers before making the award decision.
Yes. Purchase orders pass through the approval workflows you define, with budget and quantity control.
Yes. Goods can be received fully or partially, and the quantities received and outstanding are tracked for every purchase order.
Purchasing is linked to inventory, accounting and tax: when goods are received and the supplier invoice is recorded, the cost flows into inventory and the supplier’s balance.
Yes. Purchase requests can be linked to projects and cost centres.
Tell us about your company and we will walk you through iCore with your own data and processes.