Based Solutions
How Much Do You Spend And Do You Have Adequate Controls In Position? Probably the purchasing system is still paper based, with appropriations sitting in people's out trays, waiting on them to 'arise' for authorisation - only to find that the Managing director has to sign it off due to its worth and he or she is on leave! Some companies utilise spreadsheets to manage buying however who is in charge of keeping them current and reminding people to do it? Then, there is furthermore the issue of allocating purchases to the appropriate budgets, departments, expense centres, and nominal codes. Not so easy is it! Relocate To An Electronic PO System The increasing importance of the supply chain, with connected supplier connections, has seen the use of systems like ERP, SCM, E-Commerce broaden however, for many firms in the small to medium business category, a straightforward to use electronic Purchase Order system will certainly give the much improved controls needed in today...