Purchasing and supplier control

Procurement Specification

Manage purchasing from purchase request and RFQ through supplier comparison, purchase order, receipt or service completion, supplier invoice, payment voucher, and approval control.

Overview

What this area does

The procurement module helps tenants control a purchasing process from internal request to supplier payment evidence. It supports purchase requisitions, RFQ creation, supplier quotation recording and editing, award decision, purchase order issue, receipt or service completion, supplier invoice capture, payment voucher generation, supplier profiles, and optional approval checkpoints.

Product readiness

What Procurement supports now

Procurement has purchase requisitions, RFQ, supplier quotation comparison and editing, award decision, purchase order, receipt/service completion, supplier invoice, payment voucher, supplier profile, approval settings, and approval history.

In progress Working module area
10
RFQs
5
Purchase orders
5
Supplier invoices
Available Now
  • Procurement dashboard
  • Purchase requisitions
  • RFQ creation
  • Supplier quotation recording and editing
  • Quotation award
  • Purchase order generation
  • Receipt/service completion
  • Supplier invoice
  • Payment voucher
  • Supplier profile
  • Approval settings and history
Recommended Next
  • Three-way matching report
  • Budget control integration
  • Vendor performance scoring
  • Procurement analytics
Detailed specifications

Every major capability explained

Use this as a plain-language specification for what the Procurement area supports.

Purchase Requisition

Capture internal purchase requests before RFQ creation so teams can document demand, requested items, expected cost, and business justification.

Request for Quotation

Create RFQs with requested items, quantities, estimated cost, due date, and invited suppliers or vendors.

Supplier Quotation Comparison

Record supplier quotations and compare pricing, tax, lead time, totals, and award status in one evaluation workspace.

Purchase Order Generation

Generate a purchase order from the awarded supplier quotation so procurement can continue into receiving and invoice matching.

Receipt or Service Completion

Record goods received through delivery order references or confirm service completion before supplier invoice entry.

Supplier Invoice and Payment Voucher

Capture supplier invoices, track paid amount and outstanding balance, and generate payment vouchers with method, reference, and amount control.

Supplier Master and Controls

Maintain supplier profiles and configure optional approval checkpoints for RFQ release, quotation award, purchase order issue, and supplier invoice approval, with approve or reject decisions and approval history.

Operating flow

How to use this feature area

Follow these steps when setting up or operating this part of ERPMY.

1

Create a purchase requisition or direct RFQ and invite selected suppliers or vendors.

2

Record quotations received from each supplier.

3

Compare quotations and award the best supplier offer.

4

Generate the purchase order from the awarded quotation.

5

Record goods received or service completion.

6

Record supplier invoice and generate payment voucher after approval where required.

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