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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. |
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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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CUSTOMER SUPPORT SERVICES J. Knutson & Associates, Inc. in the news and upcoming events. Free Webinars! On-going education training classes to keep our customers informed and up to date on the latest technology. To find out more click on the links below. |
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