PO Vault: Advantages at a Glance
Improved Purchase Accuracy: PO Vault enhances purchase accuracy by utilizing forecast recommendations. This helps businesses make data-driven decisions, ensuring that they purchase the right quantity at the right time.
Easy Shipment Creation: With PO Vault, ASC companies can easily create and link to a shipment using the PO Wizard. This feature simplifies the process of converting a purchase order into a shipment, reducing errors and manual data entry.
Additional Features: PO Vault offers a range of advantageous features, including PO sticker downloads, PO printing, and PO closure. These features provide added convenience and flexibility for users.
Item Details by Specific PO: PO Vault allows users to view item details by a specific PO. This is useful for tracking individual items within larger orders and ensures transparency in the procurement process.
Key Differences Between PO Vault and PO
| PO Vault | PO |
|
🔸Create Multiple Items per PO: PO Vault allows for the creation of multiple items in a single order. This streamlines the process and reduces the time spent on individual purchase orders. 🔸Enhanced Detail: PO Vault provides more detailed information. It captures more specific data, making it easier for users to track and manage orders. 🔸 Direct PO Creation on ForecastRx: PO Vault allows users to create POs directly within FRX, eliminating the need to switch to QBFS |
🔹Create Single Item per PO: Traditional PO is limited user to creating one item per purchase order. This can be ideal for small orders. 🔹General Information: Traditional POs provide basic information such as item description, quantity, and price. This may be sufficient for straightforward transactions. 🔹Viewable Only for QBFS Companies: Traditional POs does not support QuickBooks users creating new purchase orders directly from ForecastRx. |
When to Choose PO Vault vs Traditional PO
Deciding between PO Vault and traditional PO depends on the specific needs of the business and the complexity of the purchase order.
| PO Vault | PO |
|
🔸For larger and more complex orders 🔸Need additional features 🔸For simplified shipment order creation |
🔹 For small and simple orders 🔹For store orders and forecast calculation |
PO Vault is ideal for handling complex orders with multiple items. Its detailed information, shipment integration, and additional functions make it a perfect fit for businesses that need more than just a basic PO process. If your organization regularly processes larger orders, requires detailed tracking, or benefits from forecast-based purchasing, PO Vault is the superior choice. For more information about PO Vault, click here.
Traditional PO works well for smaller, more straightforward orders. It’s quick to use, focuses on general information, and is ideal when you only need to create one item per PO. If your business processes small purchase orders and prefers simplicity, traditional PO is a good fit.
Currently, PO Vault and traditional PO are linked within ForecastRx. This integration allows users to create shipments in either system, with data synced between both. This provides flexibility, as users can choose to create a PO in the system that best suits their needs without worrying about data discrepancies.
If you have additional questions, contact our support team at ForecastRx Support.
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