3 minute read
Understanding Requisition Management
In today’s dynamic business world, companies need a reliable and efficient system to manage their supply chain and purchasing processes. This is where enterprise resource planning (ERP) systems like Epicor P21 come in handy. Epicor P21 is a robust and comprehensive solution that helps manufacturers and distributors manage operations, including purchasing and requisitions. In this blog, we will discuss how Epicor P21 supports demand and how it benefits businesses.
Epicor P21 has a built-in application management module that streamlines the process of requesting and approving purchases. The system allows employees to submit purchase requests directly, eliminating the need to manually complete documents. This feature not only saves time, but also reduces the risk of errors or delays in the purchasing process.
One of the main advantages of using Epicor P21 to manage tickets is its integration with other modules. The system ensures seamless communication between various departments such as finance, inventory and production. This not only streamlines the entire purchasing process, but also ensures accurate, real-time information flow between different departments. This integration also enables greater visibility into supply and demand, enabling companies to make more informed purchasing decisions.
Another advantage of using Epicor P21 for order processing is the ability for the system to create custom approval workflows. This means companies can set up their own approval processes to ensure applications are sent to the right people for review and approval. It also allows you to perform budget checks before approval, ensuring that purchases are within the allocated budget.
Epicor P21 also offers advanced reporting and analytics capabilities, giving companies comprehensive visibility into purchasing data. The system generates reports on supplier performance, purchasing history, and inventory levels, helping companies identify savings opportunities and negotiate better terms with suppliers. Real-time data enables companies to make data-driven decisions and improve overall purchasing performance.
In short, Epicor P21 is a powerful ERP system that supports the application process in many ways. Integration with other modules, customizable approval processes, and advanced reporting capabilities make it a valuable procurement management tool. With Epicor P21, companies can streamline procurement processes, reduce costs, and improve supply chain efficiency. It is a comprehensive solution for companies that want to stay ahead in today’s competitive market.