Purchase Management WorkflowΒΆ
Purchase in an organization is a multi-stage process involving multiple parties and stakeholders. The Purchase Management module streamlines all purchase functions by using a defined workflow. The Motadata Purchase Management workflow is as follows:
We also have the ITIL workflow for Procurement (Purchase in our case) that has five stages which are as follows:
- Pre-Contract stage.
- Evaluation of Technical Specification.
- Selection of Vendors/Suppliers.
- Awarding stage.
- Performance contractual obligation.