Why Distributors Need Purchasing Management Software

1. Why Distributors Need Purchasing Management Software? This article reviews some of the benefits of purchasing management software for distributors. Purchasing may seem straightforward but it is not – it involves managing several key related processes. Deciding when to purchase an item, how much to purchase, which vendor to purchase from, and on what terms are all complex questions. Then when the vendor delivers the goods, the vendor’s invoice must be matched against the purchase order and sometimes multiple receipts to be tied out and the vendor paid. Purchasing management software helps manage the whole purchasing workflow which is sometimes referred to as the procure-to-pay process. Through the purchasing managementprocess, distributors purchase goods to restock inventory and track the costs associated with purchasing these goods. The purchasing management process involves several related steps: Read more@ https://www.adssolutions.com/blog/why-distributors-need-purchasing-management- software/