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Purchase Requisition
Automation

Simplify your requisitioning process
with FinanSys Apps

FinanSys Apps has enterprise-level purchase requisition automation that simplifies and automates the entire process of requisitioning.

It eliminates tedious manual processes and makes it easy to request, approve, and track purchases. 

Using API, you can connect to a supplier’s order book or catalogue and have it automatically feed accurate information about what’s available and the prices.

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How does it work ?

1

Once a requisition is created, it is routed through the approval process based on your customisations and preferences.

2

Anyone in your organisation can request the purchase of an item or service, so long as they have the relevant permissions. The item or service will then go through one or more steps of approval such as going to the finance department.

3

The purchasing team can take over to check with the relevant source company by plugging it into a supplier’s order book system.

4

The supplier's order book will return a list of the items the source company sells with prices, and you can go on to select the items and quantities you wish to purchase.

5

From then, the requisition could flow into a purchase order, which then ends up being sent to the supplier to say we want to purchase this.

6

With FinanSys Apps, you can negotiate prices or discuss discounts with suppliers while they are still in the requisition stage, and you can also keep track of spending from the requisition stage all the way to delivery.

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  • Key Benefits
  • Multi-level budget checking can be performed at any stage of the workflow
  • Faster and more effective requisitioning
  • Streamlined requisition process
  • Reduce paperwork and manual data entry
  • Easy to request, approve, and track purchases

Other Purchasing (P2P) Use Cases

If you have a unique requirement or use case that’s not listed on this page, it’s highly likely that it’s creatable or configurable in FinanSys Apps, please speak to our team and we’ll be happy to discuss your options

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