Purchasing lifecycle Features and Functions
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- Processes and tracks receipt of goods / services, including partial receipt of single item (e.g. services 35% complete)
- Supports workflow for procurement approval process, including multiple approvals at the departmental and central purchasing levels
- Integrates an inventory tracking system with the ability to select items purchased and update quantities as received
- Tracks requisitions and log requisition number, fund number, budget number, account number, division number, activity, project
- Automatically closes a purchase order when all items are received and the final invoice is paid
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Requisitions and Purchasing Features and Functions
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