MICROSOFT DYNAMICS ERP SPOTLIGHT: Top 3 Benefits of Having a Requisition Management System
Posted by Sarah Templeton on Tue, Mar 23, 2010
In this tough economy, every dime counts! In an effort to control expenses, companies are turning more towards Requisition Management systems. A requisition system provides organizations with increased control and visibility over the entire purchasing process, and adds a formality to the process, reducing paper and streamlining approvals. Equipped with Web-based requisition management capabilities, employees can enter purchase requisitions online for manager approval. Requisitions are then automatically transferred to Purchase Order Processing saving time and ensuring accuracy.
Both Microsoft Dynamics GP and SL provide Web-based requisitioning systems, and here are the top 3 benefits of the system:
- Help reduce paper trails and improve accuracy. Enter and approve requisitions online and automatically transfer orders to new or existing purchase orders in Purchase Order Processing.
- Minimize costs, maximize savings. Move your requisitions process online to help reduce repetitive data entry and eliminate costly mistakes. Consolidate same items or same-vendor items on a single bill in order to take advantage of volume discounts and improve vendor negotiations.
- Streamline daily tasks. Copy existing requisitions to create new orders. This can help increase accuracy and efficiency when creating orders for frequently purchased items.
By leveraging a Requisition Management solution, companies can gain precise control over procurement and spending decisions, while ensuring that actual funds are targeted to those areas that maximize productivity.
For more information on Requisition Management or any other Microsoft Dynamics ERP Solution please contact Jose Garcia at Jgarcia@templetonco.com.
