Tyler's Enterprise Procurement software provides a comprehensive, integrated e-purchasing system that manages the entire procurement lifecycle. It covers everything from requisition and review to contract management and purchasing from vendors. The software aims to reduce costs, ensure accountability and compliance, increase transparency, and improve efficiency in the procurement process.

Key Features and Benefits:

• Streamlined Procurement Lifecycle:
  • Manages the entire procurement process from requisition to purchase in a single, integrated system.
  • Reduces costs and improves budget efficiency.
  • Ensures accountability, auditability, and compliance.
  • Increases transparency in the procurement process.
  • Provides real-time insights for strategic decision-making.
  • Simplifies vendor management.
  • Eliminates unnecessary paperwork and redundancies.
  • Reduces "req-to-check" processing time.
  • Provides easy access to internal business rules, policies, and contracts.
• Integration with Other Modules:
  • Integrates with other Enterprise ERP modules for seamless data flow and process automation.
• Specific Module Functionality:
  • Accounts Payable: Manages vendor invoices, tracks payables, prepares registers, generates checks, and maintains vendor/expenditure history.
  • Bid Management: Simplifies bid management, including vendor notifications, electronic bid submissions, and automated creation of award contracts, purchase orders, or requisitions.
  • Capital Assets: Integrates with purchasing, accounts payable, and general ledger to automate asset creation and depreciation.
  • Contract Management: Manages complex agreements, including contract creation, approval, maintenance, retainage withholdings, change orders, and contingency tracking.
• Benefits for Decision Making:
  • Better insights, efficiency, and accuracy for strategic decision-making.