Budget and Procurement System

The Budget and Procurement module in the CloudERP system enables transparency and control over the organization’s expenses

Procurement management can consume a great deal of time, especially when requests for goods and services need to be processed manually, involving phone calls, emails, catalogs, paper, and faxes.

CloudERP’s procurement solution helps companies purchase products and services in the simplest way possible while saving valuable employee time through easy-to-use capabilities, reducing costs by directing purchases to approved suppliers and pre-signed contracts, and improving transparency through real-time processing of company spending information.

CloudERP also streamlines and improves the accuracy of the process from order to payment by automating and linking procurement transactions, contracts, approvals, and workflow management according to the organization’s requirements.

The process of requesting to purchase a product is no longer limited to large organizations alone. Small and medium-sized businesses are also looking for ways to implement this solution in order to ensure compliance with organizational protocol, quality, and cost. CloudERP’s procurement process can be initiated by any employee. Creation and approval of the purchase requisition are controlled by approval routes that can be configured by the manager.

Creating and managing purchase orders is one of the simplest aspects of the system. The ‘Open Orders’ screen is the primary place where a user goes to monitor the list of items that need to be replenished, whether they are generated from the supply planning process, from order requests, or from a recurring order. CloudERP allows you to order a combination of inventory, expenses, and services on the same order. If there is a purchase contract, the appropriate pricing will be applied automatically.

In addition, it is possible to track the overall status in the company or in the employee’s department through reminders and reports for delayed orders, orders waiting for me, or orders I created.

CloudERP offers advanced approval processes that are customizable and easy to modify. An approval route can be based on a variety of parameters such as department budgets, item type, or project.