Purchasing is a tedious task if goods and services have to be tracked manually through various channels such as emails, phone calls, catalogs, faxes and so on. NetSuite not only makes this easy but also improves accuracy in the following ways:
Automating the process on a single system which can be accessed easily by employees. This increases efficiency and reduces errors.
Integrating multiple requisitions and by reducing spending. This enforces spend control and helps in negotiating bulk deals.
Providing real-time visibility of procurement to vendors, suppliers and partners. This strengthens relationship between the collaborators.
Enabling real-time access to requisition, purchase order and procurement information. This gives timely information and encourages informed decision-making.