What is EOSoft© e-Procurement, and how does it work

 


Infolog Solutions provides EOSoft e-Procurement, a cutting-edge solution designed to revolutionize how organizations manage their purchasing activities. In today’s fast-paced business environment, efficient procurement processes are essential for reducing costs, increasing transparency, and improving operational efficiency.

The e-Procurement module within EOSoft streamlines the entire procurement lifecycle, from receiving purchase requests to generating purchase orders, incorporating built-in approval mechanisms and email alerts at various stages. Key features of this module include:

·       Purchase Request and Approval: Users can initiate purchase requests, which then follow a predefined approval workflow to ensure proper authorization for EOSoft Purchase Request and Approval System.

·       Request for Quotation (RFQ): The system allows sending RFQs to multiple vendors to solicit quotations for required goods or services.

·       Quotation Receipt and Comparison: Upon receiving vendor quotations, the module enables comparative analysis both by vendor and part, facilitating informed decision-making.

·       Purchase Order Generation: After selecting the optimal quotation, users can generate purchase orders within the system, complete with necessary approvals and automated email notifications.

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