Procurement
With more than 16,000 customers running NetSuite across more than 200 countries and dependent territories, some of the world’s best-known brands trust their businesses to NetSuite and take their financial and operational processes to the cloud.
Optimize your procurement process for cost certainty with workflow driven approval routings
Purchasing can be a time-consuming and inefficient ordeal, particularly when you need to manually process requests for products and services using a mix of phone calls, emails, paper catalogs and faxes. NetSuite’s procurement system allows companies to buy products and services at the best cost and in a timely manner by saving valuable time for employees with easy-to-use capabilities, lowering costs by channeling orders to approved suppliers and pre-negotiated contracts, and improving visibility by providing real-time knowledge about client spending and vendor results.
NetSuite also streamlines and improves the efficiency of the procure-to-pay process by automating and connecting main procurement transactions, and offering workflow approval and matching to support internal monitoring and enforcement requirements.
Features
Source
Use NetSuite to manage your vendors, process RFQ’s, establish contracts and enforce procurement policies.
Purchase
Automate your requisitioning and purchasing processes from our user configurable Procurement dashboard.
Pay
Easily match purchase orders, item receipts and vendor bills with configurable workflows to optimize cash flow.
Benefits
Automate business processes to reduce your average procure to pay timeline and increase cash flow.
Streamline Procure to Pay
Use NetSuite’s many costing methods to improve your costing accuracy and stabilize gross profit.
Achieve Cost Certainty
Use our native requisition and RFQ tools to manage vendor selection and improve product quality.
Improve Product Quality
Reach out to us to know how we have helped companies like you.
Our team has a combined experience of 12 years, with 35 countries served and over 500+ deployments.
