Vorex.
Your Entire Warehouse and Distribution Business.
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- Automatic stock level notifications: Set automatic alerts so you know when stock levels fall below optimal levels.
- Lowest-cost POs: SmartPO automatically determines the lowest prices available from your database and generates a Purchase Order for the lowest possible cost.
- Optimal-level POs: SmartPO automatically inserts quantities of a product onto your PO to ensure your inventory remains at its optimal level.
- Create multiple POs: Generate multiple POs for an unlimited number of vendors so you can maintain optimal stock levels.
- RFQ to PO: Turn a quote into a PO in one easy step.
- Cost tracking: Compare the actual PO amount, vendor’s invoice amount, and the estimated cost based on your inventory items and their historic cost.
- Filter status: Review the status of all POs in one single view.
- Charts of accounts: Assign products to the appropriate accounting codes.
- Action log: Quickly access approval and communication history for each PO.
- Ensure compliance and control: Configurable workflow system and access control.
- Automatic alerts: Receive internal/external email reminders to approve pending POs.
- Extensive reporting: Use or customize any of multiple available reports.
Purchasing Management
Optimizing inventory replenishment is a proven way to free up working capital! Vorex Purchasing is a fully-automated Purchase Order module that intelligently selects the most competitive vendor pricing possible and generates POs to keep your stock at optimal levels.
The system allows you to start a new PO from scratch, convert it from a previous quote, or base it on an internal requisition. The PO process does not end with your request to purchase, it continues through the Vorex integrated solution through receiving, inspection, stocking and inventory updates -- to billing, cost accrual and vendor payment.
The automation of this process using Vorex solution ensures that you maintain optimal levels of inventory, significantly reduce administrative work and delays, and eliminates human errors.
Incredibly simple to install and use, Vorex Purchasing does it all to save you time and money!
Vorex Purchasing Key Features: