ProcuMan

ProcuMan is a Procurement Management Software designed to streamline and automate procurement processes for businesses of various sizes. According to the vendor, ProcuMan caters to the needs of Procurement Managers, Supply Chain Managers, Finance Managers, Operations Managers, and Manufacturing Companies across different industries. It offers a range of features and functionalities that aim to simplify supplier management, purchase requisitions, purchase orders, invoice processing, and reporting, potentially enhancing procurement operations.

Key Features

Approval Tool: According to the vendor, ProcuMan provides an intuitive approval workflow software that automates and streamlines approval business processes. It includes features such as notifications, customizable workflows, and support for various approval types.

Supplier Portal: ProcuMan offers a fully integrated portal that allows suppliers to collaborate effectively. According to the vendor, suppliers can submit prequalification questionnaires, product catalogs, invoices, ask questions, acknowledge purchase orders, and maintain contact information. The portal also provides access to open e-tenders and allows online quote submissions.

Supplier and Contract Management: ProcuMan allows efficient management of supplier information, including contacts, phone numbers, email addresses, documents, payment terms, and contract dates.

Product Catalog: The software offers a comprehensive product catalog where users can maintain detailed information such as part numbers, prices, stock levels, and product pictures for easy reference and efficient purchasing.

RFx Requests: ProcuMan simplifies the process of requesting supplier quotes through online e-tendering. Users can send email requests to selected suppliers, attach relevant documents, define submission deadlines, and compare bids for efficient supplier selection.

Purchase Requisitions: With ProcuMan, users can create and approve purchase requisitions. According to the vendor, the software sends email notifications to approvers and allows managers to approve requests within their limits or forward them to the next level.

Purchase Orders: ProcuMan automates the creation of purchase orders from approved requisitions and enables direct email communication with suppliers for accurate and timely order placement.

Received Invoices: The software includes a module for recording and managing supplier invoices. Users can compare invoices against purchase orders to ensure accurate billing and payment processing.

Goods Receipts and Stock Withdrawals: ProcuMan offers inventory tracking and stock level recording through goods receipts and stock withdrawals. Users can compare received goods against ordered amounts to minimize discrepancies.

Cost Centers and Budget: According to the vendor, ProcuMan allows effective spend management through cost center budgeting. Users can define budget periods and amounts per cost center and compare them against actual spend for financial control and accountability.