🛍️Purchase Management Module for Concord CRM

The Purchase Management Module will streamline procurement processes by integrating supplier management, purchase requisitions, quotes and purchase orders directly within Concord CRM.

Features – See what you can do with the Purchase Management Module:

✅ Centralized Product & Service Catalog Keep all purchase-related items in one place.

• Add products or services with name, SKU/code, price

• Categorize items for easy organization (e.g., IT equipment, office supplies, services)

✅ Supplier & Service Provider Management Store everything you need about your vendors in one dashboard.

• Company name, contact person, email, phone

• Payment terms, delivery preferences

• Track history, performance, and previous interactions

✅ Create & Approve Purchase Requisitions Let departments request what they need — with proper approval.

• Add requested items, quantities, and urgency

• Link requisitions to departments or projects

• Approval workflows ensure transparency and control

✅ Request & Manage Supplier Quotations Easily collect and compare supplier quotes.

• Send RFQs to multiple suppliers

• Store quotes with pricing, delivery terms, and validity

✅ Compare Quotes & Pick the Best Option Make smarter decisions with side-by-side comparisons.

• Compare pricing, delivery time, and terms

✅ Generate and Track Purchase Orders (POs) Turn approvals or selected quotes into POs instantly.

• Add supplier, items, quantities, cost, and delivery terms

• Track PO status: Pending, Accepted, Sent, Delivered, Cancelled

✅ Supplier Contract Management Never miss renewals or terms again.

• Save contract details, attachments, validity, and renewal dates

• Get automated reminders for expiring agreements

✅ Supplier Portal Access Let suppliers manage their side efficiently.

• Submit and update quotes

• View POs

💡 Use Cases 📌 Requisition approvals across departments 📌 Comparing multiple supplier quotes before ordering 📌 Generating purchase orders directly from requests 📌 Tracking supplier performance and delivery timelines 📌 Managing renewals for supplier contracts 📌 Centralizing procurement history and audit logs