The “Purchases” module within an ERP (Enterprise Resource Planning) system is a fundamental component designed to manage procurement processes, supplier relationships, and purchasing activities within an organization. Here’s an overview of what a typical Purchases module encompasses:

• Supplier Management
• Purchase Requisition
• Request for Quotation (RFQ)
• Purchase Order (PO) Management
• Goods Receipt
• Invoice Verification
• Supplier Performance Management
• Contract Management