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An Overview of Purchase Management Module in Odoo

Purchase management is another important module of any ERP system, OpenERP Purchase management specifically design considering the ease of use to the user. OpenERP purchase management module helps you to track all your suppliers information, order you did for purchases, Inventory management, pricing for suppliers and so on . . OpenERP Purchase management provides you with a complete end to end purchasing solution from RFQ till payments.

OpenERP purchase management further helps you to have quick decision making since all the purchase history and the suppliers list are already available into the OpenERP software. You can easily manage all your RFQ and purchase order with OpenERP.  Your organization may be purchasing many variety of products and service either to meet the business or organizational day to day requirements, therefore purchases is considered as one of the important module of any ERP software. OpenERP Purchase management helps you to handle everything you purchase for your organization. Specifically it is a backbone module for trading industries.

Another advantage of purchase management module is that it is integrated with other related modules. Which means when you are purchasing a product for your organizational needs you have to pay the pricing of the good you got, in other words Accounting entries are done automatically once the purchase is done so forth the payments. The module is also integrated with Inventory which updates as the products are entered into the warehouse.

How Purchase Management Module in OpenERP Benefits your company:

  • It helps in complete automation of Purchases.
  • You can manage minute details of your purchases
  • Easily identify potential suppliers
  • Supplier’s quotation evaluation
  • Billing process
  • Invoice and payments management
  • Easily update the inventory and
  • Finally a quick effective and efficient decision making on all your purchase need.

For any help on Odoo modules or new module development with Odoo