net PO+™ is the purchase order management product within the net collection™.

    net PO+™ enables an organization to consolidate all divisional and plant purchasing requirements into one system. Multiple supporting tables enable the user to build standard data that will default into the various business functions expediting the purchasing process. The vendor profile accepts traditional input such as name, address, and contact. It also defines bar-code expectations, remit to addresses, 1099 information, currency unit of measures, invoice considerations, and accounts payable general ledger codes. The system also affords the user the opportunity to maintain a vendor product code cross-reference and associated price list.

     net PO+™ incorporates a request for purchase system for all non-authorized buyers. The system generates a unique number and allows the user to key in a reason code, standard general ledger default data, product requested, and a comments pad. 

BUSINESS FUNCTIONS
Vendor Profile and Supporting Tables
General Ledger Category Tables
Request For Purchase Generation
Request for Purchase Consolidation/Approval
Purchase Order Services
Vendor Invoice Processing
Capital Projects Tracking
Cash Requirements Forecasting

     The system integrates with net Pro Plan™ for automatic creation of an RFP to satisfy the time-phased aggregated demand. This RFP is released to the buyers queue for approval and possible consolidation with other RFPs. The RFP with then automatically create a unique purchase order number and maintain the linkages for historical analysis.

     net PO+™ supports regular purchase offers, blanket contracts with associated releases, as well as purchases against a capital project. The purchase order is then released with associated print copy or via EDI. Net PO+™ then integrates with net Distribution Handler™ to conduct receipts reconciliation and quality assurances. The receipt is placed in a pending invoice queue.

     net PO+™ enables the user to enter the vendor invoice. The system will automatically match the invoice to open reconciled receivers or place the invoice in an error queue awaiting buyer approval before processing. Accounts payables transactions are generated for immediate posting. Net PO+™ is one system for all purchasing requirements.