Procurement | Procure to Pay
Contract Purchasing
Negotiated rate cards per vendor and commodity. Blanket POs with release schedules over the contract period. Consumption tracked against the master quantity. Auto-renewals flagged before they hit. Each release validates the contract terms.
What it does
Inside Contract Purchasing.
Bring 5 contracts (annual rate cards, blanket POs). Configure the terms; the next release validates against them. The renewal alerts surface before the auto-renewal hits.
01
Rate card
02
Blanket PO
03
Release tracking
04
Term validation
05
Renewal alerts
06
Volume tier handling
Where it sits
Part of Procurement.
Sourcing Requests, quotes and awards recorded against the eventual order. Requisitions The request that checks budget and policy before it becomes spend. Purchase Orders The commitment, recorded and visible to finance. Approvals Authority applied consistently across every buying channel. Receiving Goods and services receipted against the order that expected them. Spend Analysis Category, vendor and compliance visibility on clean data. Requests for Quotation One ask, several vendors, and every reply held against it. Quality Inspection Deliveries held for inspection before anything reaches usable stock. Service Entry The receipt document for work, not goods, accepted before it is billed. 3-Way Matching PO + GRN + Invoice matched at line level. 97% auto-match rate; variance triage built in. Budget Controls Per cost-centre, per project, per period budgets enforced at PO creation. Vendor Compliance at PO GSTIN, PAN, MSME and dispute history checks at vendor onboarding and PO step. PO Templates Reusable templates per spend category with pre-filled GL, cost-centre and approval policy.
Run Contract Purchasing against your books.
A working session on your structure and a month of your documents.