ERPNext – Procurement Management Course

The ERPNext Procurement Management course is designed to provide participants with a thorough understanding of how to use the ERPNext platform for managing procurement processes. The course covers all aspects of procurement, from vendor management to purchase orders, inventory integration, and compliance.

Key Learnings:

Proficient use of ERPNext for procurement management
Ability to manage vendor relationships and procurement processes efficiently
Skills to create and manage purchase orders, invoices, and payments
Knowledge of procurement compliance and reporting
Capability to generate insightful procurement reports and analytics

Course Outline

Module1. Introduction to ERPNext and Procurement Management

Overview of ERPNext
Importance of Procurement Management
Key features of ERPNext Procurement module

Module2. Getting Started with ERPNext Procurement

Installation and setup of ERPNext
Navigating the ERPNext interface
Configuring user roles and permissions for procurement

Module3. Vendor Management

Adding and managing vendor records
Vendor evaluation and selection criteria
Setting up vendor terms and conditions
Tracking vendor performance

Module4. Purchase Requests and Quotations

Creating and managing purchase requests
Generating and sending request for quotations (RFQs)
Comparing vendor quotations
Approving and rejecting quotations

Module5. Purchase Orders

Creating purchase orders from approved quotations
Managing purchase order approvals
Tracking purchase order status
Handling purchase order modifications and cancellations

Module6. Inventory Integration

Linking procurement with inventory management
Setting up reorder levels and safety stock
Automating purchase orders based on inventory levels
Managing goods receipt and quality checks

Module7. Invoice and Payment Management

Creating and managing purchase invoices
Handling invoice matching (three-way matching: PO, GRN, and Invoice)
Setting up payment terms and schedules
Processing vendor payments

Module8. Procurement Compliance

Understanding procurement policies and compliance requirements
Setting up compliance rules in ERPNext
Generating compliance reports
Ensuring adherence to procurement standards and regulations

Module9. Reports and Analytics

Generating procurement reports (purchase history, vendor performance, etc.)
Analyzing procurement data for insights
Customizing reports for specific needs
Using analytics for strategic procurement decision-making

Module10. Advanced Procurement Features

Automating procurement workflows
Integrating procurement with other ERPNext modules (Accounting, Inventory)
Handling multi-currency and international procurement
Customizing the procurement module to fit organizational needs

Target Audience

Procurement Professionals:
- Procurement Managers
- Procurement Officers
- Purchasing Agents
- Buyers
Supply Chain Professionals:
- Supply Chain Managers
- Logistics Coordinators
- Inventory Managers
Business Owners and Entrepreneurs:
- SME owners looking to streamline procurement processes
- Startup founders setting up procurement functions
ERP Consultants:
- Consultants specializing in ERP implementations who want to add procurement management to their skill set
- IT professionals providing ERP consultancy services
Finance Professionals:
- Financial Analysts
- Controllers
- Accountants