Risk Avert facilitates best practice procurement and financial control processes.

>  Action catalogues - all types of actions can be categorised and stored in electronic catalogues together with their purchasing details.

>  Costs and prices - against each catalogue item suppliers, costs, prices, discounts and taxes can be defined.

>  Quotations, invoices and bills -  financial commitments can be viewed when specifying and approving an order.

>  Approval processes -  approval processes can be set for confirming the action order and then approving payment.

>  Action order tracking  - any order can be tracked from the time it is raised until it is fulfilled. 

>  Integration with accounting systems - the cost and revenue data can be easily integrated with most accounting packages.

Process efficiencies

The procurement and accounting process is streamlined since all key data is held in the system and automatically drawn together when making the order.
Purchasing efficiencies

Applied fully the software can be used to negotiate buying agreements and enforce buying and supplier agreements.


Cost and quality control

The approval processes combined with online financial information provides users with exact cost control at the time of approving the order.  Similarly, quality can be recorded once the service has been received.

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