Streamline P2P Cycle for Optimized Inventory Control
A cloud-based Inventory Management System takes care of the operational, monetary and logistical capabilities of an organization. It is the management of all materials required to generate business.
Procure to Pay means the culmination of all processes involving the management materials, vendors, suppliers, sites, receipts and payments. An automated system will track and analyze all procure-to-pay processes on web and mobile-based software for instant access from any location.
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StrategicERP P2P Software Modules
- The admin module consists of the creation of a Master setup for companies, users, godowns and vehicles, management of passwords and outline of statutory parameters for companies.
- The AI-powered Inventory Management System module allows users to create purchase orders, and quotations, track receipts, and goods received, manage stock and more.
- Automation of the P2P cycle leads to decision-making business insights including stock aging, supplier comparison, purchase order rates, supplier ledger, inventory turnover and more reports.
P2P Cycle for Inventory Management
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For operations to run smoothly, you need to manage your P2P cycle. A perfectly stocked warehouse is never understocked or overstocking. StrategicERP’s Procure to Pay Software can alert you about depleting inventory, avoiding unnecessary costs. Similarly, over stocking may lead to increased costs because of duplication of orders and cancellations.
Procure to Pay means managing the purchasing and payment processes for ordering the amount of inventory that is required, while maintaining optimal levels to enhance performance while managing costs. StrategicERP’s Inventory Management Software (P2P) incorporates the entire planning, reviewing and execution process onto a single centralized platform.
Streamlining Procure-to-Pay Processes
- Increased accuracy and complete tracking
- Prevention of overstocking and understocking
- Identification of fastest-selling products or vendors
- Shortlisting suppliers after comparison
- Comparison of past purchase order rates
- Analysis of PO, PR, GRN, and PB
- Elimination of price discrepancies through a centralized system
- Single common P2P Cycle platform for all stakeholders
- Instant access to a safe and secure cloud platform
- Reduction of manual mistakes and better utilization of manpower
- Reduction of unnecessary costs and better marketing strategies
- Transparent workflow for the warehouse management teams
Inventory Management System is an investment that pays. Not checking or regulating the movements of materials in an organization can drive up costs unexpectedly. It would be wise to invest in a secure cloud-based system that increases your return on investment.
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The Fastest Way to Grow Your Business with the Leaders in ERP
Why Choose StrategicERP Inventory Management System?
Centralized View
View a snapshot of all order fulfillment and inventory tracking from one screen that is common for all. Receive an overview of activities as soon as you log in.
Mis Reports
Reports generated by the Inventory Management System compare Purchase Orders, Purchase Requisitions, Goods Received Notes, Stock Ledger, Quotation Ledger and more.
Cloud ERP
Better security. Seamless integration. More data insights. No infrastructure costs. Sustainable. Accessible from anywhere on any device.
Mobile App
P2P software on the go! View, track and manage at any time from any place. Receive notifications and regular updates on your iPhone or Android devices.
Multi Language Support
Integrate and communicate better with local language support. Easy to use and more accessible for all users of the P2P cycle Software.
Robust Integrations
Integrate easily with third-party applications and devices, including IoT devices, vehicles, machinery, mobile apps and more.
Some Of Our Valuable Clients
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StrategicERP from ITAakash Strategic Software (P) Ltd is a software platform for start-to-end process automation and information management systems customized for the Real Estate, Construction & Infrastructure industries. The product owes its cutting-edge to the core technology development team from IIT.
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