What Is Procurement Software?

Procurement software centralizes and automates the processes around purchasing goods and services into a single system. These processes include: Managing vendors and contracts, generating purchase requisitions, executing order processing, paying invoices electronically and more. By automating procurement processes, businesses speed time to delivery, control purchasing costs and save employees valuable time otherwise spent on manual, day-to-day purchasing tasks. Associated Article: https://www.netsuite.com/portal/resource/articles/accounting/procurement.shtml Liked this video? Check out these! ○ https://youtu.be/JwZLDYaQGqU ○ https://youtu.be/JwZLDYaQGqU ○ hhttps://youtu.be/qcRr0qcz20I Don’t forget to like, comment, and subscribe! ○ Subscribe: http://bit.ly/NetSuiteYouTube Follow Us Here: Oracle NetSuite ○ LinkedIn: http://bit.ly/NetSuiteLI ○ Facebook: http://bit.ly/NetSuiteFB ○ Instagram: http://bit.ly/NetSuiteIG ○ Twitter: http://bit.ly/NetSuiteTW #NetSuite #Procurement #ProcurementSoftware