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ICAN Header Acumatica Purchase Order Management

Acumatica Purchase Order Management helps you reduce costs and improve vendor relationships by automating and centrally managing your global purchasing processes.

The entire procurement process can be automated — vendor quotes, issuing purchase orders, receiving orders, creating AP vouchers, and results analysis.

Web-based functionality makes it easy to deploy throughout your entire supply chain, and server-based pricing makes it economical to involve everybody in your organization.

 

Highlighted Features
  • Automatic Creation of Purchase Orders:
    • Generate purchase orders based on stock level and inventory replenishment algorithms. Orders are placed with the vendor that best meets the price and delivery time requirements that you specify.
    • Automatically generate drop shipment purchase orders from open Sales Orders.
  • Approval Workflows:
    • Create approval rules for various order types, vendors, order amounts, and other order-specific information.
    • Control document release using predefined approval processes.
  • Partial and Consolidated Receipts and Vouchers:
    • Track receipts: whether partially filled, completely filled, or combined from multiple purchase orders into one receipt.
    • Automatically create accounts payable vouchers from receipts.
    • Consolidate multiple rejects into a single voucher and multiple invoices from a single receipt.
    • Modify pricing during the invoice entry in Accounts Payable with automatic variance posting in General Ledger.
    • Link returns to purchase receipts, updating inventory with the correct item cost and reason codes.
  • Cross-Company Transactions:
    • Streamline cross-company buy-sell transactions by automatically creating a sales order in one company from a purchase order in another company.
    • Cross-company transactions generate the purchase receipt in the buying company from the shipment in the selling entity and create the sales invoice in the selling company when the bill is created in the buying company.

 

Additional Features

Partial and Consolidated Receipts

Simplified Item Tracking

Automatic Payment Vouchers

Drop Shipments

Blanket Orders

Landed Cost Functionality

Vendor Selection and Performance Analysis

Multiple Addresses

Audit Trail

Reporting and Drill Down

Simplified Item Tracking

Custom Workflows

Cross-Company Transactions

Purchase Accrual Inquiry

 

Contact us to learn more on how Acumatica can work for your organization.

Check out the video below to see Acumatica Purchase Order Management in action!