Apache OFBiz Accelerator for Procurement Execution System is a solution for your business’s complete source-to-settle needs. It enables seamless collaboration across departments with different business functions, such as supplier management, sourcing, cataloging, purchasing, receiving, invoice processing, and payment settlement—allowing them to work more efficiently in a highly collaborative and cohesive environment spread across multiple platforms. 

Key Features

• Supplier Management: Easily onboard suppliers and manage their profiles while ensuring compliance with your business policies through requisite checks and balances. Streamline coordination, reduce approval delays, and enhance collaboration with real-time updates and role-based access.
  
  
• Sourcing: Simplify the process of assigning and managing multiple suppliers for a product while maintaining dedicated supplier catalogs. Easily compare sourcing options based on key factors like pricing, lead time, and order quantity to make informed purchasing decisions.
  
  
• Purchase Requisitioning: Automate the entire procure-to-pay cycle—from quote initiation to purchase order approval—while enforcing standardisation and reducing manual errors. Benefit from advanced search features, integrated change request handling for POs, and detailed audit trails.
  
  
• Inventory Receiving: Automate the receiving process with seamless handling of POs, ASNs, and direct shipments while minimising human errors through integrated inspection workflows. It ensures real-time cost computation, and intelligent storage recommendations for optimal inventory tracking.
  
  
• Invoicing & Vendor Payment Processing: Streamline vendor payments by integrating seamlessly with legacy financial systems, enabling real-time invoice generation with line-level details and enforced credit terms. It facilitates timely reconciliation, early payment discounts, and automatic payment application to complete the source-to-settle cycle.
  
  
• Reporting & Analytics: Gain real-time insights with role-based dashboards, automated notifications, and task management to improve decision-making and productivity. Streamline routine tasks with targeted alerts and permission-driven reporting for greater efficiency.
  
  
  

With the Apache OFBiz Accelerator for Procurement Management businesses can take full control of their procurement lifecycle. By automating critical workflows and leveraging real-time analytics, organizations can reduce costs, strengthen supplier relationships, and maximize procurement efficiency.