Enhanced supplier relationships

With instant access to detailed supplier information and full, flexible purchase analysis, you have all the tools needed to interrogate supplier performance at the most detailed level. View your commitments at a glance, manage an unlimited number of contacts, addresses and attached documents, and enjoy instant nominal updates for the most accurate picture of your costs.

In-depth supplier information

Your purchase ledger contains all the tools needed to carefully analyse performance at the most detailed level. Supplier turnover can be viewed instantly, for up to 39 periods, and each supplier record will hold an unlimited number of contacts, addresses and attached documents.

Every invoice detail line can be analysed in as much depth as you need, and for maximum clarity, annotated with a full paragraph of text. Each analysis record can be configured to update a specific nominal category, so that you can build an accurate picture of your procurement. Full purchase analysis is available in whichever formats you require.

Supplier relationship management

Close integration with the core ledgers completes a secure audit trail, enabling you to build up the widest possible picture of supplier performance, negotiate best prices and terms. See at a glance quantities ordered and delivered, check that purchase invoices are correctly priced and print goods received notes. The system will calculate re-order quantities for you, taking into account minimum and maximum stock levels and existing sales and purchase orders.

View your commitments

A monthly report shows the value of goods received but not invoiced, and goods invoiced but not received, so that you can accrue for your commitments in the nominal ledger. Delivery notes and invoices entered against purchase orders update the stock control module, purchase and nominal ledger. Allocating purchase orders to projects in the costing module will update the committed cost for the project. When invoices are received for the purchase orders, the commitment is replaced with an actual cost.

Sub-contractor management

Each record holds detailed information, including tax status, Unique Tax Reference (UTF) and CIS300 Name. This information is matched and validated via an online connection with HMRC. As sub-contractor information goes out of date, the system automatically assembles a list to be verified the next time you connect with HMRC.

Retentions

Retentions can be set at a number of levels and applied automatically to applications for payment or invoices. An automated enquiry screen keeps track of these values for all suppliers for later settlement and reconciliation.

Further information:

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