NetSuite’s procurement functionality remedies this by procuring the goods and services on behalf of the companies. The solution is very user-friendly for employees and saves time and money. Moreover, the solution offers insight into company expenditure and supplier performance based on real-time information.
NetSuite streamlines and improves the accuracy of the procure-to-pay processes. This is possible thanks to the automation and linking of important procurement transactions. But also by offering associated workflows to support internal controls and compliance requirements.
Buy more cleverly and build a better relationship with your vendors
NetSuite offers the following functionalities
Automate procurement processes
Watch the video
Procurement management with NetSuite
The advantages of
procurement management in NetSuite
Streamline your payment process
Increase your cash flow by automatically generating an optimal balance between the moment of procurement and payment.
Automatic cost calculation
NetSuite has a large number of standard methods for automatic cost calculation at its disposal.
Enhance product quality
NetSuite has at its disposal a large number of standard tools to manage vendor assortment, with the objective of boosting quality
Because only a 100% solution is good enough
Automatic upgrades from the cloud:
never again have to deal with costly re-implementation
Customisation and interfaces are easy to achieve:
and are an automatic component of the upgrade process
Work seamlessly across borders:
Consolidate and control from a single application and database
ERP, CRM, HRM and even E-Commerce & POS
OPEX instead of CAPEX:
No prior substantial investment in permits