PURCHASING - FINANCIAL

Ocean Purchasing module is a part of application package and covers processing of goods and services purchasing from the financial standpoint.

The application supports planning of goods and services, approval of requests for purchasing, issuing of purchase order and processing of data on goods/services received and the matching to corresponding purchase orders.

Integrated set of applications, which includes Ocean Purchasing module, provides full control of financial funds related to purchase orders : reservation of funds, payments for the purchased and delivered goods and services.   

> Ocean Purchase Orders - Financial

FUNCTIONS AND CHARACTERSITICS

Suitable for small and big businesses as well as for all ownership types
Control of available and planned funds - through the link to Cash Management module
Various document types get implemented: requests for purchasing, purchase orders,..
Approval of purchase order requests
Support to automatic generation of purchase requests and purchase order for contracted amounts of goods
Automatic transfer of purchase requests from other Ocean modules
Flexible set-up of data on suppliers and on the purchasing procedures
Generating of individual, grouped or combined purchase orders respecting the approved requests.
Automatic generating of requests and purchase orders for the contracted amount of goods
Grouping of approved requests per suppliers, priorities and organizational units requesting the purchasing
Automatic accepting or manual entry of data on supplied goods and services
Automatic or manual check up and matching of data on the goods supplied and respective purchase orders