Material Management

DESCRIPTION

TechWitz Integrated Inventory Control and Material Management System provides a powerful suite of innovative software solutions which makes day to day business easier and more profitable.

It allows high quality staff performance and maintains overall objectives of financial management framework.

TechWitz Customized Software Solution is easy to use, scalable, robust and state of art unlike generic ERP and ERP like applications; it has been built specifically for processing of financial information within the various departments.

System Module

UNIQUENESS OF TECHWITZ APPLICATION

	Single Window Processing
	Easy search facility
	Query facility
	MIS and report facilities
	Integrated version provides high level of solution fit

KEY FEATURES

	Detail Material Information
	Complete Tracking of Stock Item
	Stock Management
	Vendor, Customer Management
	Multi Currency
	Requisition of Item
	Authorization Staging
	Tender Floating and Vendor Selection
	Order Processing
	Contract Maintenance
	Material Delivery and Inspection
	Goods Received and GRN generation
	Stock Adjustment
	Material issue against Request
	Stock Analysis and Product Categorization
	Record Cloning Facility
	Vendor Analysis
	Bill Processing
	Party Aging Analysis
	Stock Valuation
	Product Costing
	Integrated Financial Accounting System

OBTAINED BENEFITS

	Optimality in Procurement and Sales
	Complete control of Creditor / Debtor Activity and Performance Analysis
	Tracking of Business Expenses and Income
	Accountabilit of Asset owned, Liability owed
	Enhancement of Business profit
	Staff accountability and management practices
	Simplification of Accounting Process Reduction of real and social costs
	Decrease of assigned resources and better use of existing ones
	Agile aid in the decision making
	Simulation capabilities