LITS RFQ Management

Optimize Procurement, Minimize Risk, and Reduce Costs with Purchase Requisition for Business Central

Gain full control over procurement and purchase order management with an integrated approval workflow—leveraging the cost-effective Business Central Team Member license.

Purchase Requisition Management for Dynamics 365 Business Central enhances the standard Purchase Quote–Purchase Order–Purchase Invoice process. This add-on enables employees to submit formal purchase requests for goods and services using a structured form, including product descriptions, department and budget details, specific items, and supporting documents for approval.

Key Benefits:

• Seamlessly integrates with Dynamics 365 Business Central for centralized procurement and purchase management.
• Provides full control over procurement using the low-cost Business Central Team Member license.
• Enhances visibility into the spend pipeline for better financial planning.
• Reduces fraud and misconduct by enabling quote comparisons before purchase orders are issued.
• Supports improved budget planning and financial forecasting.

The module allows end users to request items, fixed assets, or services. Upon submission, requisitions follow an approval process where authorized personnel review requests, generate vendor quotations, and initiate the procure-to-pay cycle.

Key Features:

• Requisition Categories: Allows categorization of requisitions for unidentified items or fixed assets.
• Number Series for Purchase Requisitions: Defines systematic numbering for requisitions.
• Item Template: Automatically creates new items when selecting "new item."
• Requisition Approval Workflow: Utilizes standard approval workflows for request submission and approval.
• Purchase Requisitions: Supports requests for existing or new items and fixed assets. Users provide requisition details, assign dimensions, attach documents, and submit for approval. Multiple lines can be included in a single requisition form. Once approved, requisitions are released for quote creation.
• Purchase Requisition Worksheet: Enables the creation and association of multiple purchase quotes against an approved requisition.
• Convert to Purchase Order: Streamlines quote selection and approval, converting a selected quote into a purchase order efficiently.