Smart Vendor
Collaboration
Collaborate efficiently through integrated vendor portals that support quotations, order confirmation, delivery tracking, and invoicing in a single flow.
Centralized Vendor Management
Maintain a unified vendor database with list of products vendor dealt with, full transaction history, ratings, discounts, and delivery performance to streamline decisions and build stronger partnerships.
End-to-End Procurement Automation
Automate the complete procurement lifecycle—from purchase requests to invoicing—ensuring accuracy, compliance, and reduced manual work.
Real-Time Stock Replenishment
Trigger auto-replenishment based on stock levels, sales trends, or forecasted demand—minimizing stockouts and overstocking.
Improved Cost Control
and Cash Flow
Handle consignment purchases, automate accounts payable, and improve financial planning by tracking obligations without upfront payments.
Enhanced Visibility
and Compliance
Gain clear visibility into supplier performance, purchase status, and delivery timelines while maintaining audit trails and procurement policy compliance.
Request for Quotation
Ensure that the right vendor is selected for procurement by sending an RFQ to each selected vendor with details of goods and services required, populated from the Purchase Requests sent by different business units. This feature in our pharmacy ERP solution helps to compare responses, prices, and lead times, enabling the selection of the most suitable supplier, in a single interface.
Purchase Request
Allow business units to raise purchase requests based on stock levels or requirements and initiate the procurement process quickly and smoothly with our pharmacy management software. Ensure accuracy and promptness in the first step of procurement of goods and services from vendors.
Purchase Order
Ensure quick and seamless ordering of goods and services with accurate quantities, types, quality, expiry dates, and prices as agreed upon in the proposal. Keep procurement costs low and ensure timely service, product availability and business continuity. Never lose customers or revenue.compliance across the organization.
Purchase Receipt
Generate purchase receipts against purchase orders as a record of purchase from a specific vendor, simplifying ordering in the future with our health tech software. Verify order details and update inventory in real time, facilitating tracking of payments due to vendors. Eliminate discrepancies, enhance stock accuracy and boost financial transparency while making procurement streamlined and transparent.
Purchase Return
Maintain accurate records of goods returned to vendors due to damage, difference in items sent, or unacceptable quality standards. This critically important feature in our pharmacy retail solution helps ensure that the accounts payable reflects the correct amount due.
Consignment Invoice
Enable seamless tracking of the consignment, recording products received without necessitating immediate payment and ensuring accuracy in stock records. With this feature, the invoice is automated on sale of items, updating accounts payable records automatically. Improve cash flow and minimize financial risk while assuring compliance with supplier agreements.
Procurement Analytics and Reports
As one of the best pharmacy software in India, Innsof Pharma provides detailed analytics and visual dashboards that facilitate strategizing and planning for the future. Insightful reports help to gauge and monitor the market and purchase, trends, order cycles, vendor performance, seasonal variations, and shifting customer preferences (for non-prescription drugs and medical products), allowing you to make accurate forecasts and take quick, data-driven decisions that fast-track your business growth.