GRiP Purchase Management

GRiP Purchase facilitates and make available the required materials of the right quality and quantity at the best price for optimization of the available resources and smooth functioning of the organization. GRiP Purchase covers the entire spectrum of the purchase cycle such as purchasing and subcontracting activities starting from inviting quotations, purchase order placement to the supplier after supplier evaluation on various parameters like quality and price, order scheduling and billing. Order tracking is made easy for the purchase department by the various reports and MIS that are available in GRiP Purchase. Import of goods is also handled by the system.

GRiP Purchase is integrated with Inventory, Material Management and Finance & Production Planning.

Salient Features:

• Detailed master Supplier/Subcontractor/Service Provider database
• Capturing materials requirement
• Auto Prompts of purchase requisitions
• Quotations from various suppliers
• Quotation Comparison
• Subcontracting - generation of process orders
• Multiple indents for Multiple items in a single PO
• POs for (i) Raw Materials (ii) Sub-contracted items (iii) Bought out items and (iv) Non-inventory items.
• Purchase order entry with item details and other details like taxes, discounts, extra charges like freight, P&F, octroi etc. (customized to meet specific client requirement)
• Purchase order in domestic and foreign currency
• Recording Payment terms in PO
• Excise consideration in Purchase and Process Orders
• PO authorization
• PO amendments with complete amendment history
• Order Cancellation
• Order Closing
• Multiple delivery schedules
• Purchase bill with updation of GL and purchase book
• Service contracts
• Service indents and PO
• Service Bills against service contracts
• Bill of Entry
• Purchase Bill for import
• Excise consideration in imports

Ready Reports

GRiP Purchase has many in-built industry standard reports. GRiP being highly configurable and flexible, any number of MIS Reports can be generated from it. Some of the built-in Reports include:

• Purchase Register
• Pending Purchase Order
• Schedules against PO
• Item wise Schedules
• PO amendment History
• Request for Quotation

The Edge

• Highly parameterized - to reduce data entry
• Streamlines purchase and process cycles
• Reports for Order tracking for complete control on the procurement cycle
• Complete import functionality with handling of custom details
• Service cycle with service contracts and service bills
• MIS for vendor evaluation based on quality, price & delivery time