Procurement & Vendors Module
Manage purchase requests, POs, vendor performance, and supplier relationships.
What's Included
Complete procurement and vendor management:
Purchase Requests
Manual or auto-generated PRs with approval workflows, budgets, and vendor suggestions.
Purchase Orders
One-click PO creation from PRs, vendor selection, terms, and amendment workflows.
Vendor Master
Vendor profiles with ratings, payment terms, tax info, and communication history.
Vendor Performance
On-time delivery tracking, quality metrics, price compliance, and performance scorecards.
Goods Receipt
PO-based receiving with batch capture, discrepancy logging, and QC triggering.
Vendor Payments
Invoice matching, payment scheduling, and reconciliation with payment history.
Procurement Pain Points
What happens when purchasing stays scattered:
❌ PR approvals are slow
Multiple approval chains and no centralized workflow create bottlenecks and delays in purchasing.
❌ PO creation is manual
Converting approved PRs to POs by hand introduces errors and duplications.
❌ Vendor visibility is weak
No clear view of vendor performance, on-time delivery, quality issues, or pricing consistency.
❌ Goods receipts are chaotic
Without GRN integration, overages, shortages, and damaged goods go untracked.
❌ Vendor payments are unorganized
Invoice matching and payment scheduling are manual, leading to duplicate payments or missed discounts.
❌ No budget control
Purchasing happens without visibility into remaining budgets or cost trends.
Key Workflows
How procurement flows in Company Status:
PR to PO
Approved PR → Select vendor → Create PO → Send to vendor → Track expected receipt
GRN & QC
Goods arrive → GRN created → Batches entered → Auto QC inspection triggered
Invoice & Payment
Vendor invoice → Match to PO/GRN → Approve → Schedule payment → Reconcile
Streamline your procurement
Book a demo to see PR approvals, PO management, and vendor performance tracking in action.
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