Acumatica Purchase Order Management
Streamline your procurement processes, simplify item tracking, manage drop shipments, and automate replenishment to ensure a steady supply of materials while enforcing policy and process controls.
With the purchase order management module in Acumatica’s Distribution Management solution you can reduce costs and improve vendor relationships by automating and centrally managing your global purchasing processes. Acumatica’s online sourcing automates the entire procurement process from vendor quotes to paying invoices. Streamline cross-company buy-sell transactions by automatically creating a sales order in one company from a purchase order in another company in the same tenant.
Why Change Today?
Any growing distribution company needs to give leaders and decision makers actionable, accurate, and accessible information about the state of the business. But not every solution can provide the real-time and relevant data needed as quickly as people need it. Integrated with the rest of the business technology and providing instant access to mission-critical financial data, those who choose Acumatica for purchase order management can forge ahead confidently.
Benefits of Acumatica Purchase Order Management
Automate the procurement process from vendor quote to invoice payment.
Automatic Creation of Purchase Orders
Automatically generate purchase orders based on stock level and inventory replenishment algorithms. Orders are placed with the vendor that best meets the price and delivery time requirements that you specify. Automatically generate drop shipment purchase orders from open Sales Orders.
Approval Workflows
Create approval rules for various order types, vendors, order amounts, and other order-specific information. Control document release using predefined approval processes.
Partial and Consolidated Receipts and Vouchers
Track receipts, whether – partially filled, completely filled, or consolidated from multiple purchase orders into a single receipt. Automatically create accounts payable vouchers from receipts. Consolidate multiple rejects into a single voucher and multiple invoices from a single receipt. Modify pricing during the invoice entry in Accounts Payable with automatic variance posting in General Ledger. Link returns to purchase receipts, updating inventory with the correct item cost and reason codes.
Cross-Company Transactions
Streamline cross-company buy-sell transactions by automatically creating a sales order in one company from a purchase order in another company. Cross-company transactions generate the purchase receipt in the buying company from the shipment in the selling entity and create the sales invoice in the selling company when the bill is created in the buying company.
– Godwin Peck, Account Manager, MiiR
The ASC + Acumatica Difference
Advanced Solutions is an Acumatica MVP VAR because we deliver. Our team is both expert in applying optimized business processes to ERP and modern technologies – before, during, and after implementation. Learn more
Purchase Order Management Functionality
Partial and Consolidated Receipts
Simplified Item Tracking
Automatic Payment Vouchers
Drop Shipments
Blanket Orders
Landed Cost Functionality
Vendor Selection and Performance Analysis
Multiple Addresses
Audit Trail
Reporting and Drill Down
Simplified Item Tracking
Custom Workflows
Cross-Company Transactions
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