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Home : Articles : eProcurement : Requisition Software II

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REQUISITION SOFTWARE II

Imagine being able to save as much as 50% on the purchase of computer equipment, office supplies, and other expenses that companies require to run smoothly and efficiently. Well, the reality is that many companies can save that much simply by using MRO or Requisition Software.

MRO (Maintenance, Repair, and Operations)/Requisition software is one of the newest purchasing tools available to companies who are interested in streamlining the process of buying supplies for their business. Generally, this type of software provides access to a catalog or listing of products offered by a vendor or supplier. These product listings usually include prices that are specific for the buying company. For example, if a vendor for printer paper offers a discount on bulk orders of over 100 reams, and a customer usually purchases 200, then the price listed with the software will reflect that discount automatically so the customer knows exactly how much the purchase will cost.

Another benefit of Requisition Software is that it makes the purchasing process faster. In many cases, placing an order requires a phone call or visit with a vendor. In that case, the supplier must take care of the paperwork and place the order. With this software, however, no personal contact with the vendor is needed. The purchasing manager simply places the order via the computer, which means the order can be filled quicker and the process can be completed more efficiently.

Of course, there are other benefits as well. For one, this type of software keeps all of the people in charge of purchasing connected. Suppliers and customers will not have to worry about duplicate orders being placed as a result of miscommunication because the system records and keeps track of all orders that have been placed in an organization. Furthermore, Requisition software helps prevent companies from running low on inventory of specific goods. Because the system also maintains inventory records, customers can see when an order needs to be placed and suppliers can update the records immediately when an order is fulfilled.

While MRO software may seem complex, it actually simplifies many business responsibilities and functions. For companies implementing a new project that requires supplies from a variety of industries and markets, receiving quotes and pricing for all of the different components can be complicated and confusing. With requisition software, however, companies can easily send out requests for quotes for all of the items they need, keep track of the results, and make comparisons so that they pick the right vendor and get all of the supplies the project requires.

Additionally, MRO software makes it easier for workers to get the materials they need. In the past, most requests for items had to be made through a specific purchasing department or individual. Because of the time required to place an order, many purchasing managers waited until several items were needed from the supplier before making any purchase. Now, however, the entire process is simplified so that almost any worker can place an order, have it approved via the computer, and send it directly to the supplier to be filled. The entire purchasing cycle becomes more streamlined and more efficient.

Currently, this type of software is only used for purchasing goods. Services, such as copy writing or advertising, are usually too involved and require too much additional paperwork to be handled by existing versions of these programs. However, the savings and the convenience that Requisition software delivers to businesses today means that all goods and services may one day be managed by these automated purchasing tools. In the end, many companies can benefit by using Requisition Software to handle purchases and suppliers in a more timely and cost-effective manner.

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