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

Transform Procurement into A Faster, Simpler, And More Reliable Process with Intelligent LITS RFQ Automation.

LITS RFQ Management is a complete solution designed to make procurement process faster, simpler, and more efficient. This Microsoft Dynamics 365 Business Central add-on automates and improves the Purchase Requisition and Request for Quotation processes within Dynamics 365 Business Central environment. It delivers structured approvals, complete procurement visibility, and robust financial control, while allowing users to operate under cost-effective Dynamics 365 Business Central Team Member license.

LITS Request for Quotation Management software includes built-in, automated approval workflows that help organizations gain control over procurement and purchase order management with full transparency.

Simplify Purchase Requisition with LITS RFQ Management Process

Why LITS RFQ Management for Business Central Users?

The procurement process can be slow, complex and error-prone when purchase request and quotations are managed manually. This often leads to delays, cost overruns, and compliance risks. LITS RFQ Management reduces the complexities by automating purchase requisitions, approval workflows, and supplier purchase quotes within Business Central environment.

It allows users to submit purchase requests for the goods and services through a structured form. They can provide detailed item descriptions, include department and budget information, and attach supporting documents for approval.

LITS RFQ Management Process Automation let organizations create purchase requisitions, evaluate supplier quotations, and approve them, all without relying on emails, spreadsheets, or manual follow ups. From an efficient quotation process to PO creation and invoice generation within Business Central, the procurement lifecycle is managed with greater transparency, visibility, compliance, and financial control.

LITS Request for Quotation Management Software: Features

Requisition Categories

Create purchase requisition for items, services, and fixed assets.
Categorize each request based on type or department.

Number Series for Purchase Requisitions

Automatically assigns a unique sequential number for easy tracking and reference

Item Template

Automatically create new items during the purchase request process.
Auto-fills important information for each newly generated item

Requisition Approval Workflow

Uses standard approval workflows for submitting and validating purchase requests

Purchase Requisitions

Submit requests for existing or new items and fixed assets.
Add multiple requisition lines, assign dimensions, attach documents, and send for approval.
Approved requisitions can be released for quotation creation.

Purchase Requisition Worksheet

Generate, Compare and manage multiple vendor quotations associated with approved requisitions.

Convert to Purchase Order

Evaluate and approve the most suitable vendor quotation, then convert it into a purchase order within the same workflow.

Additional highlights of the LITS Request for Quotation Management Software

Supported Modules

The solution supports procurement and vendor management modules to optimize procurement, vendor interactions, and inventory management.

Integration and Compatibility

The solution is fully compatible with Business Central ERP to facilitate secure integration
It adapts to Business Central approval workflows and purchasing to support consistent and compliant procurement processes.

Target Audience and Industry

The solution is built for procurement, purchasing, and finance teams.
Suitable for organizations across manufacturing, retail, distribution, services, and trading sectors that rely on structured purchasing processes.

Platform and Version

The solution is built specifically for Business Central and is delivered as an extension.
It installs directly inside Business Central and improves existing functionality.
The solution handles updates smoothly and works with future Business Central updates

Prerequisites and Requirements

LITS RFQ requires active Microsoft Dynamics 365 Business Central license.
Employees who only need to raise purchase requisitions or submit requests can use the cost-effective Team Member license, rather than a full license.

Security and Compliance

Uses D65 Business Central’s built-in security mechanism
Supports role-based access control and approval permissions
Compliant with standard audit and approval mechanisms

Accessibility

Direct access through the Business Central interface
Desktop and mobile access for requisition creation and approvals

Licensing

LITS RFQ license follows a solution-based licensing model rather than a user-based one
Users can choose either a one-time license or a subscription covering the full vertical solution instance.

The solution supports global deployment and can be used across all countries and regions, and offers multilingual support through native language capabilities.

Additional highlights of the LITS Request for Quotation Management Software - visual selection

LITS RFQ Management Process Automation: Benefits

Centralized Procurement Control

Manage the entire procurement lifecycle, from purchase requisition to purchase order, and supplier quote evaluation within a single platform.

Transparency and Accountability

Every purchase requisition, approval, and quotation is fully tracked to ensure compliance and accountability.

Accurate Budget Planning

Integrated workflows provide full visibility into procurement process which helps you with greater financial control and supports accurate budget planning.

Reduce Risk

The software lets organizations compare multiple vendor quotations before issuing purchase orders. This makes sure that the best price and terms are selected. It also prevents overspending, reduces errors, and mitigates the risk of fraud.

Time Savings

Automate LITS RFQ Management processes to reduce manual effort, boost approvals, and save time across the procurement lifecycle.

Why LITS SERVICES?

LITS SERVICES transforms business operations across various industries with advanced solutions. As an experienced Microsoft Dynamics 365 solution provider and developer of the LITS RFQ Management add-on, we redefine procurement operations within your Business Central environment.

Our consultants first conduct a thorough review of your existing purchasing processes within Business Central. We then incorporate the LITS Request for Quotation Management software after necessary customizations to improve procurement and purchase order management.

Using our expertise, we proactively deliver solutions that align with your procurement needs. From classifying purchase requisitions and assigning systematic numbering to providing integrated workflows, our RFQ management software makes purchasing simpler, faster, and more efficient.

No matter how complex your procurement processes are, LITS RFQ Management process automation optimize operations, reduces complexity, and delivers measurable business outcomes and ROI.

Discover how LITS RFQ Management can transform your procurement within Business Central, get in touch with our professionals today.

Frequently Asked Questions

How does LITS RFQ Management software benefit the procurement process?

The LITS RFQ automates the procurement lifecycle within Business Central. It automates purchase requisitions, approvals, and supplier quotations, helps you gain full procurement visibility, compare vendor quotations efficiently, and improve financial control.

What are the benefits of LITS RFQ Management system?

LITS RFQ system optimizes procurement through automation. It provides full visibility and control over the entire procurement lifecycle. It reduces manual effort, minimizes errors, make sure budget compliance, and helps organizations secure the best prices.

Can the solution be customized to meet my requirements?

Yes, LITS SERVICES provides customization for the LITS RFQ Management software to align with your specific procurement processes. We also handle necessary integrations to extend the system’s capabilities and ensure seamless operation within your Business Central environment.

Is LITS RFQ Management automation software compatible with Business Central ERP?

LITS RFQ Management easily combines with D365 Business Central. It integrates easily with approval workflows, purchasing and vendor management modules, and finance to create a smooth and compliant procurement experience.