Procurement
Overview
The BigLedger Procurement module streamlines your entire purchase-to-pay process, from requisition to payment. It helps organizations reduce costs, improve supplier relationships, and ensure compliance with purchasing policies.
Key Features
Purchase Requisitions
- Multi-level approval workflows
- Budget validation
- Catalog-based ordering
- Requisition templates
- Mobile approvals
Purchase Orders
- Automated PO generation
- Multi-vendor RFQs
- Blanket orders
- Contract management
- Change order tracking
Vendor Management
- Vendor onboarding
- Performance scorecards
- Compliance tracking
- Risk assessment
- Vendor portals
Receiving & Inspection
- Three-way matching
- Quality control
- Return management
- Receipt discrepancies
- ASN processing
Invoice Processing
- OCR invoice capture
- Automatic matching
- Exception handling
- Early payment discounts
- Approval workflows
Benefits
- Cost Reduction: Negotiate better prices through consolidated purchasing
- Process Efficiency: Automate manual tasks and approvals
- Compliance: Ensure adherence to purchasing policies
- Visibility: Real-time spending analytics
- Supplier Relations: Improve vendor collaboration
Integration
- Financial Accounting for invoice processing
- Inventory for stock replenishment
- Projects for project-based purchasing
- Quality Management for inspection workflows
Getting Started
- Set up your vendor database
- Configure approval hierarchies
- Define purchasing policies
- Create product catalogs
- Train procurement team
For detailed documentation, visit our Procurement Guide or contact support.