iReckoner Purchase Management

Seamlessly manage your purchase process from quotations to purchase order,goods receipt, invoicing, returns and payments.

iReckoner Purchase Management

Easy requisition-to-pay processes ,dynamic dashboards and easy invoicing.

Standard procurement process

Request for quotations and make smart purchase decisions

Create and track purchase orders

Online authorization of documents

Receive goods and achieve real time inventory

Process account payable invoices and credit memos

Plan your purchasing needs

Reports and dashboards with real time data

iReckoner Purchase comprises of


Purchase Requisition

  • An internal document to notify the purchasing department of items the other deptt. needs to order, their quantity, and the timeframe.
  • Authorization based workflow to proceed with the purchase.

Purchase RFQ

  • Send RfQs for multiple products at the same time and get proper purchase proposal at the right time to reduce your inventory level
  • Choose to go ahead with the offer received and purchase or to turn down the offer.

Vendor Quotation

  • Get the best price by negotiating with several vendors
  • Choose the best offer and send purchase orders easily.
  • Use reporting to analyse the quality of your vendors afterwards.

Purchase Order

  • Easily create purchase orders for your vendors, include payment terms, quantity and other purchases based on stock levels, minimum quantities per location or per supplier, sales, or other parameters.
  • Available in multiple currencies and multiple Units of Measurement for single item.
  • Keep track of the status of your orders, of the amount of the orders and the expected delivery date.

Purchase Invoice

  • Easily create invoices based on the quotes you have sent to your clients.
  • Bill based on sales orders, delivery orders, contracts, or time and material.
  • Use the status overview to help keep track of drafts, paid and unpaid invoices
  • Make your own definition and analyze your invoicing by product, customer, salesperson, etc.

Purchase Return

  • Return delivered goods to the vendors incase any fault exists in the delivered products
  • Easy return process
  • Create invoice for the refunds

Debit Notes

  • Generate a Debit Note against a purchase invoice, and reduce accounts payable in cases like return of damaged goods.
  • Issued by a buyer on purchase return


  • All the data you need at your fingertips.
  • Line item tracking of each material in the procurement chain.
  • Transform raw data into valuable insights
  • Assists you to visually analyze your business data, and to take informed decisions.
  • Reports are in Grid and Pivot view format which provides lot of flexibility to user to view data as per his convenience.