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Better manage project-related purchases

Written by Remco Kroes on . Posted in Exact Online

Avoid overspending on project-related purchases
Exact Online for Project Management helps you to budget project-related purchases – from raising project-related purchase orders with your suppliers, tracking receipts, to recording and matching of supplier invoices with outstanding purchase orders. To better facilitate project control we made it possible to monitor the progress of purchase orders and purchase invoices in the Work Breakdown Structure (WBS*) overview (see image below). Helping you to better gain visibility in planned purchases and supplier invoices to be received.

purchase wbs overview

Better communicate purchase orders
Last month a number of additions were made to facilitate better communication of purchase orders (such as the addition of purchase agents or purchase methods). We now added a number of project-related fields – helping you to better communicate project-related purchase orders. These include the project code, project description, project manager and project notes.

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*Within the field of project management a Work Breakdown Structure (WBS) is used to structure deliverables and project work. The WBS is fundamental in budgeting, planning and progress reporting. It provides clarity and control to all involved. Exact for Project Management facilitates project scoping using a WBS.

 

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