Managing your Purchase Process
Procurement – or more simply, purchase process – is one of the most important processes in any company. This is where raw materials or essential materials are bought in order to create a finished product ready to be sold to consumers and customers – this is also the process that manages all other internal shopping, from office supplies to whatever else you can think of.
Without buying or purchasing a needed product or service, a company cannot function properly and, therefore, generate income and profit. Purchase processes are very important and can’t be managed without standards so it’d be to any company’s best interest to implement an effective process template.
Coincidence or not, here at Pipefy you can find a free purchase process template that provides your company with a streamlined and effective workflow system – all of this is in order to centralise all your purchase requisitions. It has a linear phase view wherein you can easily monitor each purchase requisition’s progress – it gives you a step by step visualization of your process, from the opening of the request until the product has been delivered and properly accounted for.
But wait! Hold your horses! Before you dive right into our purchase process template, you should know why there is a real need to have one. First of all, a purchase process template gives you organization of all the purchased items that you have performed. A central hub for the same commodity or of the same process is definitely a welcome addition for anybody.
Secondly, a purchase process template enables you to check whether your purchased commodities are moving on to the next phase of the purchase process. And also through this template, you can monitor your requested purchases if they have been approved or not. This way, you can chase up the approvers if necessary at the right time. This is also a good option to have as you are assured of the time of arrival of your purchased commodities because you have the power to control its requisitions and approvals.
Do you want a weekly report or even a daily report of the status of your purchased products? A process template can do that for you – the Pipefy purchase process template can even give you each purchased item’s progress and history right from the start of requisition and up to its latest status for easier reporting.
Pipefy’s Purchase Process template gives you all of that for you to keep that edge for your company’s needs. As we have said a while ago, the purchasing process is a very vital side of the company, this is where the first step to generate income and profit starts and every company should do it right at the start of each step.