PMS™ Procurement Management System solution
PMS™ Procurement Management System solution
PMS™
PMS™ Procurement Management System solution furnishes a set of advanced tools and modules for end-to-end procurement processing and complete management over the procurement lifecycle at the bank. The solution expedites requirement gathering, purchase request creation and order processing workflow and allows banks to accurately manage procurement and ensure that all purchases are properly processed and tracked throughout the lifecycle.
Features
Seamless Integrations
PMS™ integrates with banks' core banking systems for payment processing as well as facilitates integration with vendor management systems, approval workflows, and financial systems. It also supports various procurement types and approval hierarchies.
Procurement Features
PMS™ supports various features including requirement gathering, purchase requests, vendor management, purchase orders, and approval workflows. It provides comprehensive procurement capabilities with operational portals for bank users and vendor portals for suppliers.
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