Gravity Software LLC has released its new Purchase Order module. The module enables companies to establish an approval protocol before items are purchased. Growing businesses can process and manage vendor price points, help drive quantity discounts, save on shipping costs and much more. Gravity is the developer of Gravity Software, a mid-market accounting application written on the Dynamics 365 (aka Microsoft CRM) platform.
"We created Gravity's purchase order to handle real-world situations," said John Silvani, President & CEO of Gravity. "In addition to purchasing inventory, we allow companies to create purchases for services and other non-inventory items."
Here a few key PO features:
- Manage Required and Promised Dates by Line Item
- Vendor Analysis Reporting
- Ability to Manage Negotiated Vendor Cost
- Accounting for Purchase Price Variance
Gravity's Purchase Order module allows for a separate receiving function to ensure the items were received in good condition. Also, provides the real-time insights to view best vendor price, terms and delivery times.
"We recognize that as companies grow their relationships likely change with both their customers and vendors. In particular with vendors, the purchase process can become much more formal. The need for additional purchasing requirements or specifications make Purchase Orders a valuable and necessary tool to ensure that the shipment and invoice match what was ordered," stated Randall Ykema, Chief Technology Officer for Gravity. "We are excited to help companies gain better control over their purchases."
As businesses grow, they need a strong financial system like Gravity. Gravity helps companies grow by unlocking information and reducing friction. Gravity provides features that growing companies need while being easy to use and easy to implement. And with real-time insights into all your lines of businesses, you can make better informed decisions.
If your business is outgrowing your current entry level accounting software, consider Gravity Software. Learn more about Gravity and schedule your demo today at http://go-gravity.com/schedule-a-demo/.