8.2. Purchase Management WorkflowΒΆ
Purchase in an organization is a multi-stage process involving multiple parties and stakeholders. The Purchase Management module streamlines all purchase functions by using a defined workflow. The Motadata Purchase Management workflow is as follows:
We also have the ITIL workflow for Procurement (Purchase in our case) that has five stages which are as follows:
Pre-Contract stage.
Evaluation of Technical Specification.
Selection of Vendors/Suppliers.
Awarding stage.
Performance contractual obligation.