How procurement requests can be approved with a single click | SIVECO Romania

How procurement requests can be approved with a single click

Monday, July 22, 2013
The Procurement Component ensures the electronic tracking and recording of supply requests

Procurement department managers can monitor and approve procurement requests online, including from smart-phones and tablets. This option is offered by the Procurement Component in the SIVECO Applications 2020 package.

"Supply and procurement managers can immediately approve procurement requests saved on the company server or in the cloud, depending on the selected installation mode. This way, their monitoring and validation will no longer need time, being quickly solved.  The system automatically manages supply flows and signals in real time what is required to optimize the production process," stated Lăcrămioara Bârseti, SIVECO Applications Department Manager, SIVECO Romania.

Procurement management usually requires large staff costs, but through using the electronic validation option, the activity flow becomes significantly more effective. The application unitarily administers all procurement documents (bills, consignment notes, customs import statements and other similar documents), maintains domain-specific registers (suppliers, materials) and provides specific reports regarding the supply status and supplier relations.

Procurement requests are automatically generated for different sections of the company, after stock checks. They can be generated for both items held in stock, as well as items not currently stocked.

The Procurement Management Component has been implemented in over 200 organizations, among these being Black Sea Terminal Georgia, part of SOCAR Azerbaijan, one of largest oil companies in the world, RAAVJ, Constanta Maritime Ports Administration, Kathrein, SN Petrom (headquarters and distribution centres), Aerostar etc.