NetSuite Small Business - Purchasing & Vendor Management
Module
Closer cooperation with vendors can eliminate inefficiencies. NetSuite Small Business streamlines the requisition process and extends collaboration with your vendors. NetSuite manages the entire procurement process, while also giving your vendors access to such key data as inventory reordering points and transaction histories.
Requisitions: With NetSuite, you create purchase requisitions with an online form that eliminates paper-based forms and their associated errors. Once completed, requisitions are automatically routed for approval.
Purchase Orders: You can create purchase orders from approved purchase requisitions, or generate them automatically once reorder points have been reached. Plus, purchase order numbers are generated automatically, which further streamlines the process.
Receiving and Payment: Once received at your facility, items are logged into the system as having matched the original purchase order. With proper receipt and purchase order matching, your accounts payable department is notified that payment should be made to the provider. Payment can then be made with a check, via online banking, or using Electronic Funds Transfer (EFT).
Vendor Center: These days more than ever, businesses strive to be more collaborative. With the integrated Vendor Center, your company can provide your vendors with direct access to information that is relevant to your partnership, including purchase orders, accounts payable data, and other key documents.
ADDITIONAL FEATURES:
Purchase order routing
Print or E-mail Purchase Orders
Tracks Back Orders
NetSuite Small Business - Purchasing & Vendor Management
