Purchase Management Software - Odoo Purchase

Why do you need it?

An uncontrolled purchasing process leads both to excess costs and to late deliveries. The Odoo Purchasing Module documents every purchasing decision, requires management approval and makes it easy to choose the most favourable supplier.

How does it work?

When stock reaches its minimum, the system creates a request for quotation (RFQ) automatically. The request goes to several suppliers at once and prices are compared. The chosen order is approved online by management, and on arrival the goods are matched against the invoice.

Key features

• Request for quotation (RFQ) - send to several suppliers at once
• Price comparison table - pick the best offer at a glance
• Multi-level approval flow - purchases above a set amount require management consent
• Automatic purchasing rules - an RFQ is created when stock hits the threshold
• Goods receipt - which goods arrived, when and in what condition
• Three-way matching: order, receipt and invoice are checked against each other
• Supplier price history - the best purchase price based on past orders
• Long-term agreements: blanket orders
• Real-time comparison of purchasing costs against budget
• Full synchronisation with the inventory, finance and manufacturing modules

Video overview