Procurement and Souring is a module in Microsoft Dynamics 365/AX 2012 for Finance and Operations which facilitates direct and indirect procurement of goods and services, and establish a centralized buyer capability across your organization to support procurement policies and processes.

 

The Procurement and Sourcing module is seamlessly integrating with other Microsoft Dynamics 365 for Finance & Operations/AX 2012 such as Financial Management, Sales & Marketing Management, Supply Chain Management, Production Management as well as the Project Management & Accounting.  

 

It consists of the following key functionalities: -

 

• Direct & Indirect procurement

 

• Product Cataloging

 

• Purchase trade agreement

 

• Purchase agreement/contract

 

• Request of Quotation

 

• Purchase Requisition

 

• Vendor management