Purchase Requisitioning for Microsoft Dynamics 365
Purchase requisitioning is a critical business practice for every company, providing a level of pre-committal transparency and control of company spend. A properly deployed requisitioning system will reduce risk and operational lag, save time and drive daily efficiencies through the business.
A key successful measure of a requisitioning process is that people are helped to buy the things that they need to do their jobs more efficiently, from the approved suppliers, cost effectively and within purchasing guidelines.
Ideally your buyers don’t need to know or understand the underlying approval routes financial transactions involved, they just need a simple, friendly, integrated tool to lead them through the process, automate some decision rules in the background and shorten the lag time to delivery.
Why iPOS 365
iPOS 365 Requisitioning
- Offers simplicity and ease of use to the people in your business that need to make purchases on behalf of the company to get their jobs done.
- Offers your purchasing and IT teams rich functionality to automate business rules and deliver confidence in transaction timeliness and accuracy through extensive real-time Business Central integration.
- Offers your business a cost-effective, sophisticated, cloud requisitioning solution that doesn’t require full Business Central licenses for the requisitioners.
Key benefits of iPOS 365 Requisitioning include:
- Introduces review and approval levels prior to the purchase order commitment.
- Auditable 6-level workflows automating delegated authorities.
- Eliminating needless or orphan purchases.
- Reducing maverick spending.
- Driving savings through preferred supplier controls.
- Saving time and effort from process efficiencies and transaction minimization.
- Improved visibility and control of pre-committed spend practices.
- Ensures compliance with internal and external spend policies and procedures.
Resources
We understand that the software selection process takes time and research. iPOS 365 has helped many organisations like yours transform the way they do business. Download our resources below to learn more.
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