NEXVORIAPurchasing
Purchase management, from requisition to 3-way match
NEXVORIA™ ERP takes a purchase from the requisition to payment: RFQs and quote comparison, purchase order approval by value, goods receipt into stock, and a 3-way match of the vendor invoice against the order and the goods received.
Suppliers can quote, accept orders and submit their invoices in their own supplier portal, so purchasing is not run from email and phone calls.
The live demo needs no sign-up or password. The free trial needs no card.
What you get
Purchasing in NEXVORIA™ ERP: what you get
Manufacturers, traders and project companies with a purchase or stores team.
Purchase requisitions
Stores or any department asks for what it needs; the request goes for approval.
RFQs and quote comparison
Invite several suppliers to quote and compare their prices side by side.
Approval by value
Purchase orders go for approval at one or two levels, depending on their value.
Supplier portal
Suppliers quote, accept orders and submit invoices in their own login.
Goods receipts
Receive goods by batch and location against the order; partial receipts are tracked.
3-way match
The vendor invoice is checked against the purchase order and the goods receipt before it is posted.
How it works
How it works in NEXVORIA™
- A department raises a purchase requisition.
- Purchasing sends an RFQ to suppliers and compares the quotes.
- The purchase order goes for approval by value and is sent to the supplier.
- Stores receives the goods against the order, by batch and warehouse.
- The vendor invoice is matched with the order and receipt, then posted and paid.
Indian compliance built in
- GST input tax credit from posted purchase bills
- TDS on vendor bills, including section 194Q
- Reverse charge self-invoices for unregistered suppliers
- Vendor GSTIN checks
Try it now
The live demo opens a private sample company with this feature switched on. No sign-up, no password.
Open the live demoPlans and pricing
Included in every plan.
Prices are per company, shown per month and billed yearly, plus 18% GST. Every plan includes hosting, backups, updates and support, and the 14-day free trial opens every module.
Starter
₹1,199/ month
₹14,388 billed yearly, plus GST
Included
3 users · 1 branch
Start a 14-day free trialGrowth
₹2,999/ month
₹35,988 billed yearly, plus GST
Included
10 users · 3 branches · 50 employees on payroll
Start a 14-day free trialPro
₹5,999/ month
₹71,988 billed yearly, plus GST
Included
25 users · 10 branches · 150 employees on payroll
Start a 14-day free trialFAQ
Questions and answers
What is 3-way matching?
3-way matching checks a vendor invoice against the purchase order and the goods receipt, so you only pay for what you ordered and actually received. NEXVORIA™ ERP does this before the invoice is posted.
Can purchase orders need approval?
Yes. Purchase orders go for approval by value, at one or two levels.
Can suppliers log in?
Yes. The supplier portal lets suppliers quote on RFQs, accept purchase orders and submit invoices.
Can vendor invoices be read automatically?
Yes, with the invoice reading add-on: vendor invoices are read and filled into the purchase bill for you to check.
Keep exploring
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Read more →Manufacturing: BOM, MRP, job work
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NEXVORIA™ ERP helps contractors and builders run each site: the BOQ, the measurement book, running (RA) bills with retention and advance recovery, subcontractor work orders and the material at site.
Read more →See it with your own business in mind.
Open the live demo for your industry with no sign-up, or start a 14-day free trial with every module open.