Purchasing

Betelgeuse’s Purchasing module helps you to manage your purchasing processes and vendor relationships. It allows you to create and track purchase orders, goods receiving notes, invoices, and vendor payments.

Flexibility & Control

Betelgeuse offers 3-way matching to ensure that the quantity and price of the goods received match the order, receipt, and invoice, alternatively, goods can be received partially or fully, and later matched with the purchase orders and invoices.

3 Way Matching

Use invoice matching to verify the accuracy and completeness of the payments. Pay vendors using various methods, such as cash, check, bank transfer, etc. Issue or receive credit notes your vendors for any returns, refunds, discounts, or adjustments.

Statements & Aging Analysis

Generate statements of accounts that show all the transactions for vendors for a given period. Use statements of accounts to verify the balances and reconcile any discrepancies. Prioritize the payments, manage cash flow, and avoid late fees or penalties.

Tax calculation

Calculate taxes applicable to the purchases based on ZATCA’s tax rates, rules, and jurisdictions of your vendors and your business. Apply tax exemptions or adjustments as needed.

Multiple types of invoices

whether it’s a service invoice for consulting, an Invoice raised for a shipment of goods purchased, or a landed cost invoice issued for additional charges that incurred during the receiving of goods, Betelgeuse supports all types of invoices and consolidates them based on the vendors.