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Buyout/Procurement Module
With the Buyout/Procurement module, businesses can centralize and streamline job-related purchasing activity.
 
Using this tool, contractors can control costs and easily manage the buying process that occurs between the award of a bid and the start of a job. For materials and subcontracts, Buyout/Procurement centralizes all job-related purchasing activity.
 
The flexibility of Management Suite allows users to import material estimates and create detailed Buyout worksheets for each job. With a clear picture of the materials and subcontracts needed, contractors can easily complete requests for quotes (RFQs). Once quotes are received, options can be reviewed in Buyout Entry and a purchasing option can be selected. From there, Management Suite automatically creates the purchase orders, subcontracts and inventory requisitions.
 
With Buyout/Procurement, you can:
  • Save time and increase accuracy because it’s a seamless buyout system.
     
  • Streamline processing with ability to create buyout worksheets from a detailed estimate using DataLINK.
     
  • Easily import material lists from an estimating application or spreadsheet to eliminate the need for duplicate data entry.
     
  • Buyout Worksheet Entry allows you to easily enter and maintain the list of subcontracts and materials required on a job.
     
  • Store contractual product details with costs if you negotiate contracts with suppliers for a specific amount of time. This information can be viewed among the quotes in Buyout Entry, making it easy to determine which supplier is offering the best price.
     
  • Generate, print, and e-mail RFQ documents.
     
  • Easily analyze each vendor’s qualifications, quotes, and prices to make the best purchase selections.
     
  • Quickly search and retrieve information by item number, item description, job number, task code, date needed, and more.

Reports include:

  • Worksheet Report
  • RFQ Materials Report
  • Incomplete Worksheet Report
  • RFQ Subcontract Report
  • Buyout Activity Report

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