Operations Module

Procurement Management

Streamline purchasing with automated requisitions, vendor comparison, approval workflows, and complete purchase-to-pay integration.

35% Cost Savings
70% Faster Processing
25+ Reports
Core Capabilities

Procurement Features

End-to-end purchase management

Purchase Requisitions

Department-wise requisitions with budget checks and multi-level approval workflows.

  • Department Requisitions
  • Budget Validation
  • Approval Workflow
  • Auto PO Generation

RFQ Management

Request for quotation with vendor comparison and best price selection.

  • Multi-vendor RFQ
  • Quote Comparison
  • Auto Selection
  • Price History

Purchase Orders

Create POs with terms, schedules, and automatic numbering.

  • PO Creation
  • Delivery Schedule
  • Terms & Conditions
  • Amendment Tracking

Vendor Management

Comprehensive vendor database with performance tracking and blacklisting.

  • Vendor Master
  • Performance Scores
  • PAN/VAT Validation
  • Blacklist Management

Goods Receipt

GRN processing with quality inspection and PO matching.

  • GRN Entry
  • Quality Check
  • PO Matching
  • Partial Receipts

Contract Management

Annual contracts with rate agreements and scheduled deliveries.

  • Annual Contracts
  • Rate Agreements
  • Expiry Alerts
  • Renewal Workflow
Workflow

Procure to Pay

End-to-end procurement process

1

Requisition

Department raises purchase request with specs

2

Approve

Multi-level approval based on amount

3

RFQ/Compare

Send RFQ to vendors and compare quotes

4

Create PO

Generate purchase order for selected vendor

5

Receive Goods

GRN with quality inspection and matching

6

Invoice & Pay

Process vendor invoice and payment

Controls

Approval Matrix

Configurable multi-level approval workflow

Purchase Value Approver Level 1 Approver Level 2 Approver Level 3
Up to Rs. 50,000 Department Head - -
Rs. 50,001 - Rs. 2,00,000 Department Head Finance Manager -
Rs. 2,00,001 - Rs. 10,00,000 Department Head Finance Manager Director
Above Rs. 10,00,000 Department Head Finance Manager Managing Director

Approval matrix is fully configurable per organization hierarchy.

Reporting

Procurement Reports

Comprehensive procurement analytics

Requisition Reports

  • Requisition Register
  • Pending Approvals
  • Department-wise Summary
  • Requisition to PO Report
  • Unfulfilled Requisitions

PO Reports

  • Purchase Order Register
  • Open PO Report
  • PO Delivery Status
  • Amendment History
  • PO Value Analysis

Vendor Reports

  • Vendor Master List
  • Vendor Performance
  • Vendor-wise Purchase
  • Price Comparison
  • Vendor Rating Report

Analysis Reports

  • Spend Analysis
  • Item-wise Purchase
  • Category-wise Spend
  • Savings Report
  • Lead Time Analysis
Integrations

Module Connections

Inventory

Auto-stock update on GRN

Accounts Payable

PO-based invoice matching

General Ledger

Purchase expense posting

Manufacturing

BOM-based purchase

Budgeting

Purchase budget validation

Business Intelligence

Procurement analytics

Related

Related Modules

Optimize Your Procurement Process

See how M AND R SOLUTION streamlines purchasing with automated workflows and vendor management.