4castplus has a controlled and clean system for creating and committing purchase orders. It’s packed with features to efficiently create, commit, track and manage purchase order contracts. Efficiency is key – there are many built-in intelligence features to make the buyer’s life easy and productive. Full contract terms, shipping, expediting instructions, technical information, documents, invoicing and much much more are all nicely organized and configurable. Click here for more on Purchase Order Management.

The 4castplus Procurement Dashboard has a wealth of rich reporting and charts to provide instant details on the health and status of the project procurement plan, progress, cost, vendors and accruals. You can even build custom report templates to suit your exact reporting needs.

The 4castplus Request For Quote system provides an easy and organized solution for purchasers to manage the documents, communication and evaluation involved with tendering vendor bids. All contract terms, technical information, shipping, bidding instructions, documents and other attachments can be pre-configured for quick drop-down selection when preparing the contract. Awarding a Request for Quote can be done in a click of a button. Smart and Simple.

4castplus has a built-in RFQ Vendor Portal for centralized and collaborative management of vendor bids. Click here to learn more about the RFQ Vendor Portal.

Create purchase requisitions as a controlled and approved list of resources required on a project. For example, a Bill of Materials, BOQ, Material Requisition, etc.  Buyers can smoothly move items onto RFQs or Purchase Orders from the Purchase Requisitions. The purchase requisition items can be split into sub-allocations for granular movement onto multiple RFQs and purchase orders.

Expediting equipment and materials is a vital part of large-project procurement. 4castplus has a robust and comprehensive system for tracking, recording and reporting on the timely delivery of critical-path items. Click here to read more on 4castplus expediting.

4castplus provides an easy way to receive goods or enter work progress as it is completed. Items are received against purchase order quantities to ensure strict controls on what and how much is received. Productivity tools to receive partial or receive all are built-in to help the process of receiving large amounts of goods. Project incurred costs are recognized on receive for critical accrual reporting. No more waiting for the vendor invoice to see the true cost to a project. Read more on Receiving and Vendor Invoice Matching here.