
Automates internal store requisitions for improved inventory, cost reduction, and enhanced control over procurement processes.
Vendor
Decision Inc.
Company Website
Internal Stores Requisition Management (ISRM) is an extension of Microsoft Dynamics 365 developed by Decision Inc. to enhance the operational efficiency of internal stores within an organization. It facilitates an automated environment for tracking, managing, and approving purchase order requests and reservations. ISRM provides management with increased control over transactions, including costs, outstanding orders, and budget alignment, while ensuring a full audit trail. The system's workflow capabilities allow for granular control over who can initiate, create, or approve orders based on company-specific authority levels. Integrated dashboards offer real-time information to drive cost reduction and optimize inventory levels, enforcing corporate budgets throughout the requisition and procurement process.
Features & Benefits
- Requisitions: Allows users to review, edit, approve, or reject requisitions electronically.
- Workflow: Supports multiple, company-specific workflow processes for requisition routing.
- Approval Levels: Enables setting approval levels per employee based on authority.
- Status Visibility: Provides users with real-time visibility of requisition and issue status.
- Management Capabilities: Includes contract, catalogue, inventory, and materials management.
- Financial Integration: Offers budget support, inter-company transactions, and reconciliation features.
- Multi-currency & Multi-company Support: Handles transactions across different currencies and multiple companies.
- Portal Functionality: Includes alerts, notifications, and vendor/supplier portals.
- Cost Reduction: Reduces buffer inventory, warehousing, shipping, and handling costs.
- Automated Procurement: Automatically triggers plan-driven procurement and generates inventory replenishment requisitions.