Odoo Purchase
From managing RFQs to tracking receipts, handling product variants to processing vendor bills... let Odoo's comprehensive procurement software take care of it all for you.
Odoo
purchase App
Purchase management acts as the control mechanism for a business’s purchasing process to purchase necessary items with required standards and at a reasonable price. Purchase management must be incorporated whether a company is in manufacturing, wholesale, or retail. Purchasing administration monitors the organization’s purchasing practices to control expenses, turn a profit, and run the business successfully.
Purchase management pertains to the process of making purchases from outside suppliers. All purchasing, receipts, reviews, and approvals are controlled under purchase administration. Purchase administration manages supplier connections, purchase orders, risks, and requests from internal partners like the accounts payable division or the procurement team.
Odoo Purchase Features
More companies, less problems
One Odoo environment, multiple companies: automate bank reconciliation, streamline order and invoice management, and easily share data across multiple companies.
Stats that actually make sense
Customize reporting and measure supplier performance with the Purchase Analysis dashboard.
Built for any device
Optimally display your purchases on any screen size.
Smarter purchasing decisions
Keep up with the important stuff. Import supplier price lists, references, promotions and product stock to your own database.
Purchase Dashboard
A customized purchase quotation dashboard will offer a comprehensive view of the purchase quotations that have been sent out.
It presents the quotations in a tabular format to help you gain a clear understanding of the ongoing purchase activities. In addition to the ability to view the information in various formats, you can personalize the dashboard layout according to your preferences.
Automated Product Procurement System
You can set up automated reordering policies to align with your business needs. These reordering rules can be customized and incorporated into your inventory management system, enabling automatic replenishment of product stocks. You have the flexibility to define personalized reordering rules for each individual product.
Manage Purchase Order Approval
The purchase order approval process is a crucial component of procurement management, involving multiple steps to validate and authorize purchases before orders are placed. It typically begins with a purchase requisition detailing the required items or services, which is then reviewed by the appropriate personnel, such as managers or a purchasing department, to ensure compliance with company policies and budgets. The approval workflow may involve various authorization levels depending on factors like cost or department, enabling stronger financial controls and alignment with organizational needs. By implementing an effective purchase order approval system, businesses can exercise robust governance over their procurement activities and make more prudent spending decisions.
Flexible purchase agreements, for every situation
Maximize your procurement effectiveness with customizable and automated purchase agreements. Ensure the best prices through alternative RFQs, compare product selections, and streamline recurring orders with blanket orders.
Charge vendors on your terms
Create singular or split vendor bills at any time, and pay based on ordered or received quantities — you choose. Integrate with the Accounting app to track the payment status of bills.
Reporting
Generate purchase reports on the product procurement operations conducted.
Odoo Purchase Integrated with other Modules
Accounting
Have all your inventory operations impact your accounting in real time or periodically.
