Procure-to-Pay Purchasing

Automate Your Procurement Processes

NetSuite lets you move from manual, paper-based purchasing to lower-cost, higher-control, automated purchasing, saving you money that goes straight to your bottom line. Because your purchasing processes are integrated with NetSuite Financials, you'll have the visibility you need to better control spending and to source and pay suppliers more efficiently.

Benefits

  • Streamline your procurement approval flows and planning
  • Obtain and audit raw materials and services more efficiently while following compliancy rules
  • Get better visibility into your purchasing with analytics that can improve WIP inventory levels and costs.

Key Features

  • One-Click Purchase Orders

    • Provide your purchasing managers with suggested buy reports once inventory levels reach re-order points
    • After purchase manager review, automatically generate purchase orders that can be e-mailed or faxed directly to vendors.
  • Streamlined Receiving

    • View approved, open purchase orders
    • Automatically receive the materials or receive them discretely by item or line number
    • Automatically update inventory levels and quickly fill customer back orders.
  • Automated Payments

    • Verify invoices and release them for payment with proper receipts and purchase order matching
    • Make payments by check, online banking or EFT.
  • Self-Service Vendor Center

    • Offer vendors direct access to information that is relevant to your partnership—such as purchase orders, accounts payable data, and other key documents.

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