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By: Peter Poletti

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Purchase Costing Functions & Features

Functionality below covers Calculates purchase price variance;Maintains price averages for purchased inventory;Maintains last price paid for purchased inventory;Overrides foreign exchange rate at PO level;.. Purchase Costing Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Purchase Costing Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

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The Purchase Costing Functions & Features comprise the following elements:

  • Calculates purchase price variance

    Calculates purchase price variance, Purchase Costing Functions & Features

  • Maintains price averages for purchased inventory

    Maintains price averages for purchased inventory, Purchase Costing Functions & Features

  • Maintains last price paid for purchased inventory

    Maintains last price paid for purchased inventory, Purchase Costing Functions & Features

  • Overrides foreign exchange rate at PO level

    purchase order (PO) Overrides foreign exchange rate at PO level, Purchase Costing Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

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Functions and Features