Procurement &
Inventory
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Overview
What is Procurement & Inventory?
Buying the right goods at the right time is harder when purchasing, stock and supplier records are scattered. Orders are placed by email, deliveries are checked by hand and nobody is sure what is really in the store. Procurement & Inventory in BizOSOne connects requests, purchase orders, suppliers, stock and receipts in one module.
Because it shares data with Finance, Projects and Assets, a purchase is approved, ordered, received and paid in a single flow, and stock levels update as it happens. Teams avoid shortages and over-ordering, suppliers know what is expected of them, and finance sees commitments before invoices arrive. The module is organised into five connected areas, each explained below, designed to deliver the right goods, at the right time, at the right cost.
Types
Types of Procurement & Inventory in BizOSOne
5 connected areas, each explained in detail below.
Purchase Management
Manages purchase requests, approvals and orders while controlling spending and supplier purchases.
Supplier Portal
Provides suppliers with secure access to orders, updates and communication in one place.
Stores & Inventory
Tracks stock levels, locations and movements to keep inventory accurate and support better planning.
Vendor Management
Centralizes vendor details, purchase history and performance for better supplier management.
Goods Receipt
Records received goods against purchase orders, keeping stock, orders and payments accurate.
Benefits
Why teams choose Procurement & Inventory
Real, practical gains from one connected platform.
Right stock, right time
Live stock levels and linked purchasing reduce shortages and avoid money tied up in excess inventory.
Controlled spending
Approval routes and budget visibility keep buying consistent and commitments clear before invoices arrive.
Reliable suppliers
Shared records and a supplier portal improve communication, delivery and accountability.
Accurate payables
Receipts matched to orders mean you pay for what actually arrived, with fewer disputes.
Who it is for. Created for purchasing managers, store keepers, finance teams and operations leaders, from growing SMEs managing a single store to organisations with many locations.
