Modern PO

The Modern PO is a procurement management solution offered by Centralsense. According to the vendor, it aims to enhance procurement productivity by replacing outdated communication technologies and streamlining the management of quotes, purchase orders, documents, and payments. The Modern PO is designed for small, medium, and large organizations, catering to various professions and industries such as procurement professionals, operations managers, supply chain managers, as well as the hospitality and manufacturing industries.

Key Features

Quote Requests: According to the vendor, the Modern PO allows users to efficiently request and receive price quotes from multiple suppliers, eliminating hours of data entry per project. It replaces spreadsheets and email with an easy-to-use online process.

Supplier Catalogs: The Modern PO enables users to launch private networks for design, manufacturing, and brand standard procurement. According to the vendor, users can also join networks for environmental and small business procurement, gathering data to assist in forecast budget and sourcing analysis.

Creating Purchase Orders: The Modern PO minimizes data entry with a contract notes library. Users can create purchase orders that link to item specification documents. According to the vendor, the software also generates easy-to-understand change orders with redlining.

Automated Expediting: According to the vendor, the Modern PO provides automatic notification of vendor order acceptance. Users can schedule expediting emails to any project contact and track production, shipping, and delivery status without manual data entry.

Document Management: With the Modern PO, users can efficiently manage documents including shop drawings and tax certificates. The software automates the requesting and receiving of documents and allows users to route documents for approval, according to the vendor.

Payments: The Modern PO offers seamless management of invoices and payments with 3-way matching, according to the vendor. Users can route invoices for approvals and payment requests, and generate payment reports.

Running Reports: According to the vendor, the Modern PO allows users to generate project or department reports. Users can easily track DEI, ESG, and LEED procurement, apply GL code for item-level accounting, and export information in PDF and spreadsheet formats.

Simple Administration: The Modern PO is designed to be easy to maintain, according to the vendor. Users can benefit from user self-management and non-password authentication for suppliers, without requiring additional IT resources.