Purchasing – Orders, Recurring Generator

The management of recurring purchases enables tracking and managing the entire procurement cycle related to rentals and subscriptions of products or services. This process begins with the creation of the purchase request and continues with the ongoing management of renewals and contract terms, providing a complete solution for recurring procurement.

Tracking Purchase Contract Durations
Tracking purchase contract durations is essential for smooth and accurate management of periodically purchased products and services. The system allows management of the start and end dates of each purchase contract.
• Contract start and end dates: recording activation and expiration dates for each product or service purchased under a recurring contract.
• Expiry alerts: the system sends reminders or alerts to notify managers of upcoming renewals or contract reviews.

Automatic Renewals
Automatic renewals of recurring purchase contracts are configurable, enabling management of recurring purchases based on defined cycles.
• Recurring renewals: the system automatically generates contract renewals at defined intervals (monthly, quarterly, yearly).
• Contract terms update: at each renewal, purchase conditions can be automatically updated (price, quantity, added product/service).