Procurement
BOS Procurement Features and Benefits
Streamline your procurement processes and drive smarter purchasing decisions with our feature-rich Procurement functionality. Whether you're managing a global supplier network or handling local purchases, this functionality puts you in control every step of the way.
Key features include multi-supplier and multi-currency support, real-time dashboards and interactive views, supplier price management with batch updates, requisition-to-PO and PO-to-invoice conversions, built-in approvals and double-entry prevention, ISO-compliant Non-Conformance Reporting (NCR), and real-time reporting and cost tracking.
General
Everything you need to run procurement with control
- Multiple Interactive Views — visualise your procurement activities from different angles, enabling better insights and control.
- Interactive Dashboard — see key performance indicators, alerts, and trends at a glance to support better decision-making.
- Estimated vs Actual Comparison — monitor the difference between planned and real-world procurement, helping refine your budgeting and forecasting.
- Supplier Price Management — keep supplier pricing accurate with batch updates and historical tracking for better negotiations and spend analysis.
- Smart Document Flows — prevent manual errors and save time with seamless transitions: Requisitions → Purchase Orders, and Purchase Orders → Goods Received or Supplier Invoices.
- Approval Workflows & Safeguards — ensure accuracy and compliance with customisable checklists, approval steps, and actions to prevent duplicate capturing.
- Due Date Filtering — easily filter and manage orders based on the supplier's committed delivery date.
Quality & compliance
Non-Conformance Reporting
Ensure quality and compliance throughout the procurement process with integrated NCR functionality.
- ISO compliant process
- Link NCRs to specific purchase orders
- Generate corrective purchase orders
- Full problem lifecycle recording — root cause, containment, corrective actions, evaluation
- Cost tracking to identify the financial impact of each incident
Visibility
Reports and Dashboards
Live Data Access
From cost tracking to supplier performance.
Interactive Reports and Dashboards
Drilldown, sorting, grouping, and filtering features facilitate deeper analysis.
Comparative Views
Side-by-side comparisons and historical data analysis improve performance analysis and trend identification.
Customisable Output
Customisable report outputs in multiple formats meet specific reporting requirements and enhance flexibility.
Request a Demo
See BOS Procurement in action for your business.