TYASuite Procurement Software is an all-in-one cloud-based solution designed to automate and streamline the entire procurement lifecycle—from purchase requisition to supplier management and payment processing. Tailored for businesses of all sizes, TYASuite helps organizations eliminate manual inefficiencies, reduce procurement costs, and ensure seamless compliance with company policies.
Key Features of TYASuite Procurement Software
✅ 1. Purchase Requisition (PR) Management
Automates purchase request creation and approval workflows.
Tracks and manages all PRs in a centralized dashboard.
Ensures faster approvals with automated notifications and escalation matrices.
✅ 2. Sourcing & RFQ Management
Automates Request for Quotation (RFQ) process for vendor negotiations.
Auto-compares multiple vendor quotes and ranks them based on price & quality.
Streamlines communication with vendors for better price negotiation.
✅ 3. Purchase Order (PO) Management
Automatically generates Purchase Orders (POs) from approved PRs.
Enables real-time PO tracking and modifications.
Prevents duplicate orders and ensures contract compliance.
✅ 4. Vendor Management
Maintains a comprehensive vendor database with ratings and performance tracking.
Automates vendor onboarding, KYC validation, and agreement management.
Tracks vendor compliance and contract expiry with alerts.
✅ 5. Goods Receipt Note (GRN) & Invoice Matching
Automates Goods Receipt (GRN) creation for received items.
Supports 3-way matching (PO, Invoice, and GRN) to prevent fraudulent invoices.
Ensures invoice accuracy before processing payments.
✅ 6. Invoice Processing & Payment Automation
Automates invoice capture, validation, and approval workflows.
Reduces manual errors with OCR-based invoice processing.
Integrates with banking systems for seamless payment execution.
✅ 7. Spend Management & Cost Control
Provides real-time visibility into procurement spending.
Sets spending limits and enforces budget control.
Generates detailed analytics to optimize supplier selection and pricing.
✅ 8. Compliance & Audit Management
Maintains audit trails for all procurement activities.
Ensures regulatory compliance with built-in policy enforcement.
Generates audit-ready reports for internal and external compliance.
✅ 9. Inventory & Contract Management
Tracks stock levels and prevents over-purchasing.
Automates contract renewals and expiry alerts.
Ensures seamless integration with inventory and warehouse management.
✅ 10. Real-Time Reports & Analytics
Provides customizable dashboards for procurement insights.
Generates real-time reports on vendor performance, spending, and savings.
Helps businesses make data-driven purchasing decisions.
✅ 11. User-Friendly & Customizable Interface
Easy-to-use dashboard with role-based access.
Customizable approval workflows and procurement processes.
Cloud-based solution with multi-device accessibility.
✅ 12. Seamless Integration with Existing Systems
Integrates with ERP, finance, inventory, and banking systems.
Supports API integration for a connected procurement ecosystem.
Compatible with SAP, QuickBooks, Tally, and other accounting tools.
Why Choose TYASuite Procurement Software?
🚀 100% Cloud-Based: Access from anywhere, anytime.
📊 Complete Automation: Eliminates manual errors and inefficiencies.
🔍 End-to-End Procurement Control: From PR to Payment in one platform.
🔗 Seamless Integration: Works with your existing software.
🔄 Highly Customizable: Tailored to fit your business needs.
🔐 Enhanced Compliance & Security: Ensures policy adherence and audit readiness.
Streamline Your Procurement with TYASuite Today!
TYASuite Procurement Software helps businesses save time, reduce costs, and improve procurement efficiency with an all-in-one solution. Ready to optimize your procurement process? Book a demo today! 🚀
Procurement Process is one of the most important business function that affects the overall cost and savings in any Business across Industries. Be it manufacturing, construction, healthcare, consumer goods, retail, pharmaceuticals or any other vertical, streamlining the Process of Procurement becomes an important aspect for any businesses catering to these verticals. In this Video, we are introducing our Procurement Software module from our Cloud ERP Suite that helps Businesses across all Industries to streamline their Procurement function and get the best on Cost Cutting and Savings. We tried to showcase features and functionality of our Procurement Software with the glance of our user-friendly dashboard. Fast Forward to - 0:00 - TYASuite Cloud ERP features 1:50 - Company Dashboard 2:41 - TYASuite Procurement Software 3:26 - Raise Purchase Requisition 4:22 - Raise Purchase Order 6:18 - GRN/SRN and Quality Check Process 7:30 - Adding Vendor Invoice 8:58 - Payment 10:25 -...