LITS RFQ Management

Automate purchase requests, track approvals, and convert quotes to orders with LITS RFQ Management for Dynamics 365 Business Central.

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LITS RFQ Management

Simplify Purchase Requisition with LITS RFQ Management Process

LITS RFQ Process Automation – Manage procurement effectively, ensure high-quality procurement, bring transparency and accountability, achieve better financial planning, and more.

Want to optimize your procurement and purchasing processes? Looking for a reliable solution to cut costs and reduce procurement risks?

LITS RFQ Management offers the right solution. With Streamlined procurement and purchase management, you can minimize risks on procuring goods or services. When integrated with Business Central, LITS Request for quotation software enables centralized management of procurement processes, including quotations, vendor selection, purchase orders, and more. Gain complete control over your procurement and purchasing activities with RFQ process automation.

What is LITS RFQ Management?

Request for quotation has a central role in optimizing procurement process, which can help you secure the best possible deal. With an advanced RFQ management solution, you can eliminate the challenges of securing competitive vendor deals and streamline your procurement process.

LITS RFQ Management is designed to simplify the procurement process for Business Central users. The solution enhances the standard procurement flow—from purchase quote to purchase order to final purchase. It allows users to submit purchase requests for the goods and services they need. Through a structured form, users can provide detailed item descriptions, include department and budget information, and attach supporting documents for approval.

LITS Request for quotation software optimize your procurement and purchase order management with automated workflow. Included with critical features that businesses need for simplifying procurement process, the software stands out from others in the market.

LITS Request for Quotation Software: Features

Requisition Categories

Purchase requisitions can be categorized based on the goods being requested.
Predefined purchase request classifications enable users to submit requests for unidentified items or fixed assets.

Number Series for Purchase Requisitions

Each purchase request is assigned a unique number series to make it easily identifiable and referenceable.
The number series is automatically generated, eliminating the need for manual assignment.

Item Template

LITS RFQ Management provides the feature to automatically create new items during the purchase request process.
The solution auto-fills key information for each newly generated item, to ensure consistency in procurement workflows.

Requisition Approval Workflow

The integrated approval workflow within the RFQ Management system simplifies purchase request approvals through automation.
Submitted purchase requests are reviewed and approved by authorized teams before being converted into purchase orders.

Purchase Requisitions

Users can create purchase requests for both items already defined in the company’s product catalog and for new or unidentified items.
They can provide detailed information about the items to be purchased within the requisition form and attach any necessary supporting documents.
The purchase requisition is then routed through an approval workflow for review and validation.

Convert to Purchase Order

Simplify the entire procurement process in Microsoft Dynamics 365 Business Central — from selecting the most suitable quote to approval and efficiently converting it into a purchase order.

LITS RFQ Management: Benefits

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

Why LITS SERVICES?

LITS SERVICES is committed to its effort to transform business operations in various verticals through advanced solutions. With procurement processes becoming increasingly complex, organizations need solutions that automate tasks and optimize procurement and purchase management.

LITS RFQ Management optimizes procurement and purchase management within Business Central ERP. We provide a bespoke solution to automate LITS RFQ management process that perfectly aligns with your purchase requirements.

We analyze how our RFQ management can enhance your purchase requisition process and whether it requires additional integration. With this detailed understanding, we customize the solution to give you complete control over procurement and purchase management.

The system provides an intuitive interface that enables users to use functionalities with ease. From classifying purchase requisitions to assigning systematic numbering and offering integrated workflows, our RFQ management software makes your procurement easy and simple.

Our service doesn’t end with LITS RFQ software implementation; we also provide comprehensive training and support for seamless user adoption. This enables your users to become familiar with the system’s capabilities and use it effectively to enhance the procurement process.

To learn more about LITS RFQ Management and how it simplifies procurement within Business Central, contact us today.

Frequently Asked Questions

As a Business Central User, does implementing LITS RFQ add-on benefit the procurement process?

Yes. It simplifies your procurement and purchase management process. This helps you centrally manage purchasing activities – including quotations, vendor selection, and purchase orders within your Business Central.

What are the business benefits?

Speed up procurement cycle, improves decision-making and prevent fraud through quote comparisons, reduce errors and redundancies, and supports procurement transparency and accountability.

Can the solution be customized to meet my requirements?

Yes, LITS SERVICES helps you with the customization of LITS RFQ management software. They also provide necessary integration to expand the system’s capabilities.

What are the benefits of LITS RFQ system?

LITS RFQ management significantly impacts procurement by improve they way you source goods and services. It enables competitive pricing, improves vendor selection, increases transparency, reduces procurement frauds and risks, supports better financial planning, and improves efficiency.