Indirect Spend

Indirect spend refers to the purchase of goods and services that support day‑to‑day business operations and are not a part of the manufacturing process. This functionality allows you to manage and track fragmented or manual purchases by streamlining the suppliers, approvals and procurement process. As part of the procurement process, suppliers provide catalogs that include item details such as specifications and pricing for indirect purchases. These catalogs can be uploaded and reviewed by the buyer. The required items can be selected from the catalog and added to the shopping cart based on the business requirements, pricing, and quantities. Items can also be added to the shopping cart using multiple methods, including Catalog Search, such as Punchout, Picklist, Historical Requisition, and Free Text Requisition. The selected items can be saved to a Picklist for future use or processed immediately using Manual Checkout or Express Checkout.

During checkout, a requisition is automatically created from the shopping cart. This requisition is sent to the approver, based on the approval process. Once the requisition is approved, a purchase order is created and sent to the supplier. This information is published to the ERP. Based on the purchase order, advance shipment notices (ASNs) and invoices are generated and published.