FOUNDATION Purchasing
Take control of your company's spending, and account for committed project costs before they're incurred.
Overview
The FOUNDATION Purchasing module allows contractors to create, track, and manage purchase orders (POs) for materials and other job costs. This helps control spending and provides a clear view of 'committed costs'—money that has been promised to vendors but not yet invoiced. This is critical for accurate job cost forecasting.
✨ Key Features
- Purchase order creation and tracking
- Committed cost reporting
- Integration with Accounts Payable for invoice matching
- Link POs to jobs and specific cost codes
- Customizable PO forms
🎯 Key Differentiators
- Real-time integration with job cost and A/P modules
- Strong focus on committed cost tracking for accurate forecasting
- Part of a single, unified accounting system
Unique Value: Provides crucial visibility into committed costs, allowing project managers to see the true financial status of their jobs beyond just the invoices received.
🎯 Use Cases (3)
✅ Best For
- Companies that require formal approval for purchases
- Project managers who need to track all costs against their budget, including outstanding POs
- Businesses looking to prevent over-billing from vendors
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Very small companies with informal purchasing processes
🏆 Alternatives
By being natively integrated, it provides a more accurate and real-time view of committed costs compared to standalone purchasing systems that require manual data syncs.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
💰 Pricing
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