4castplus Project Procurement – Embedded Right Into Your Projects
Designed For Engineering Driven Procurement
- Full Lifecycle Purchase Order & Subcontract Management
- Project Procurement Built For EPC/EPCM Organizations
- Easily See Committed Costs & Accruals On All Your Projects
- RFQ Bid Management With A Vendor Portal
- Vendor Invoice Matching & AP Automation
Procurement software that integrates
right into your projects
Construction purchasing, subcontracting and vendor bid management
- Purchase orders for materials and equipment procurement
- Subcontracts based on fixed price, unit price, time and materials
- Easily setup cash flow plans, contract terms and milestones
The 4castplus RFQ system provides a smart and organized solution for purchasers to manage the documents, communication and evaluation involved with tendering vendor bids. 4castplus has a built-in RFQ vendor portal for centralized and collaborative management of vendor bids, and awarding an RFQ can be done with the click of a button. Clever and simple.
- Prepare and issue RFQs in minutes
- Manage the bidding process using the vendor portal
- Collaboratively evaluate bids and award to PO
Real-time visibility into receiving, expediting and accruals
Accruals
Logistics
Accruals
4castplus procurement receiving is an easy way to receive goods or enter work progress as it is completed. No more waiting for the vendor invoice to see the true cost to a project. Items are received against purchase order commitments to ensure strict controls on what and how much is received.
- Project accruals and incurred costs are recognized on receipt
- Receive by quantity, progress, milestone or amount
- Receive at the jobsite, warehouse or office
- Record OS&D, location stored and overages
Logistics
Expediting equipment and materials is a vital part of project procurement. For long-lead items that need careful oversight to ensure timely delivery, the robust tracking, recording and reporting of the 4castplus expediting system provides the complete solution.
- Fully integrated expediting for long-lead procurement
- Configurable expediting milestones for any procurement item
- Monitor critical path delivery notifications, shipping and receiving dates