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THE TECHNO CLUB [ TECHNOWORLDINC.COM ] => Technical Terms => Topic started by: Tanya on June 09, 2007, 02:32:35 PM



Title: procurement software
Post by: Tanya on June 09, 2007, 02:32:35 PM
procurement software

Procurement software is powerful purchasing software for streamlining and automating the entire procurement process. Procurement software typically offers integrated functionality in the areas of order creation, reporting and management control, as well as seamless integration with financial systems. The strength of procurement software tools lies in efficiency gains from automation of the stages of the procurement process, including requisition, approval, receiving, and reconciliation.


Related terms: procurement software, eprocurement, e-procurement software, procurement systems