PMS (Procurement Management System) is a software designed for planning, executing, and controlling procurement processes within a company. This system enables centralized management of requirement registration, supplier selection, order placement, and contract tracking.
Automating procurement processes allows companies to control expenses, ensure transparency, and increase operational efficiency.
Key Functions:
Collection and approval of requirements
Comparative evaluation of suppliers
Creation and sending of purchase orders
Management of procurement contracts
Tracking the timeliness and accuracy of deliveries
Preparation of reports and analytics