Purchasing Solution
novaERPS's purchasing solution manages the full buying cycle from an internal request to receipt, with a clear approval path.
The problem it solves
Without a formal approval path, it's hard to know who requested a purchase and who approved it, which can lead to unauthorized spend or duplicate requests.
How it works inside novaERPS
A request starts as an internal purchase request, goes through an approval path based on user permissions, then becomes a formal purchase order to the vendor; on receipt, inventory and accounting update automatically.
Key features
- Internal purchase requests before the formal order.
- Purchase orders tied to items, quantities, and prices.
- Vendor performance evaluation.
- A full approval cycle based on permissions.
Who it's for
It fits companies dealing with many vendors or needing to control the purchasing cycle and prevent unauthorized spend.
How it integrates with the rest of the system
When a purchase order is received, inventory increases automatically and matching accounting entries are created, with no manual re-entry.
Frequently asked questions
Yes, the approval path can be configured based on each user's permissions and role.
Yes, when a purchase order is received, inventory increases and accounting entries are created automatically.