Controlling purchasing activities within any organisation can be challenging. If the processes are paper based it is difficult to manage cash flow, monitor approvals and find relevant documentation for audit purposes.
However, the use of purchase order software can totally automate all purchasing functions from the raising and approving of purchase orders through to the reconciliation of supplier invoices. It also allows you to control who has the authority to purchase goods and services and ensures that everything ordered has the correct level of approval.
An automated purchase order system gives full visibility and allows more accurate financial reporting. Administration costs are drastically reduced as paper no longer needs to be processed and managed and time is saved when preparing end of year accounts.
Cloud based purchase order software is becoming increasingly popular as it gives more flexibility and the system can be viewed using mobile operating systems such as tablets and smartphones 24 hours a day from any location in the world.
For further information and advice on purchase order software and its benefits please click here or call The IPC Group on 08081 45 46 47.