Purchasing & Procurement SoftwareStreamline Your Supply Chain
From purchase requisitions to vendor payments — automate your entire procurement process with approval workflows, three-way matching, and vendor performance tracking. GST-compliant and fully integrated.
8 Core Capabilities
Complete Procurement Control
From requisition to receipt — manage every step of your purchasing process with full audit trails
Purchase Requisitions
Enable departments to raise purchase requests with item details, quantities, and justification. Multi-level approval workflows ensure proper authorization before converting requisitions to purchase orders.
Purchase Orders
Create and manage purchase orders with line items, tax calculations, delivery schedules, and payment terms. Track PO status from draft to fully received with partial delivery support.
Vendor Management
Maintain a comprehensive vendor database with contact details, payment terms, lead times, and compliance documents. Rate vendors on quality, delivery, and pricing for informed sourcing decisions.
GRN (Goods Receipt Note)
Record goods received against purchase orders with quantity verification and quality inspection. Support for partial receipts, over/under delivery tolerance, and automatic inventory updates upon receipt.
Three-Way Matching
Automatically match purchase orders, goods receipt notes, and vendor invoices to prevent overpayment. Flag discrepancies in quantity, price, or tax for review before processing payment.
Approval Workflows
Configure multi-level approval rules based on amount, category, or department. Requisitions and POs route automatically to the right approvers with email notifications and mobile approval support.
Vendor Comparison
Compare vendor quotes side-by-side on price, delivery time, payment terms, and quality rating. Make data-driven sourcing decisions with historical purchase analysis and vendor scorecards.
Purchase Analytics
Analyse spend by vendor, category, department, and period. Track cost trends, vendor performance metrics, and procurement cycle times. Identify savings opportunities with detailed procurement reports.
Requisition-to-PO Automation
Streamline the entire procurement cycle from internal request to vendor order. Departments raise purchase requisitions which route through configurable approval chains. Approved requisitions convert to purchase orders with pre-filled vendor details, pricing, and delivery schedules — eliminating manual data entry and reducing procurement cycle time.
Vendor Management & Evaluation
Build and maintain strong supplier relationships with a comprehensive vendor management system. Track vendor performance across quality, delivery reliability, pricing competitiveness, and responsiveness. Use vendor scorecards to make data-driven sourcing decisions and negotiate better terms.
GRN & Three-Way Matching
Ensure you only pay for what you ordered and received. Fininvo automatically matches purchase orders, goods receipt notes, and vendor invoices — highlighting quantity, price, and tax discrepancies. This three-way matching process prevents overpayments and provides a complete audit trail for every procurement transaction.
Works Great With
Related Features
Inventory & Warehouse
Real-time stock tracking and multi-warehouse management
Learn moreAccounting & Finance
General ledger, AP automation, and financial reporting
Learn moreManufacturing & Production
BOM, MRP, and production-driven procurement
Learn moreQuality Management
Incoming inspection, NCRs, and vendor quality tracking
Learn moreFAQ
Frequently Asked Questions
Department users create requisitions specifying items, quantities, and required-by dates. Requisitions route through approval chains configured by your admin — based on amount slabs, departments, or item categories. Approvers receive email notifications and can approve from their dashboard or mobile device.
Ready to Optimize Your Procurement?
Join businesses that have cut procurement cycle time by 60% with Fininvo. Automate approvals, track vendors, and control spend from day one.
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