Procurement management encompasses the evaluation, selection, and creation of formal contractual agreements as well as managing the company’s ongoing supplier relationships. The procurement management process includes the transactional purchasing of goods and services. It integrates with accounts payable to complete the source-to-settle cycle by providing supporting documents to help process supplier invoices for payment.
A procurement system helps organizations automate the process of purchasing goods and services while also maintaining inventory. It helps manage all the procurement-related processes such as:
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Zortal is an innovative software solution for global businesses and organizations, providing an efficient solution to automate numerous organizational processes including procurement, inventory, warehousing, and sales.
Our solution has been specifically designed to manage, computerize and automate all business processes. Zortal helps with workforce management, payroll, and talent management functionalities, helping companies optimize their end-to-end business process.