{"id":5171,"date":"2024-12-22T03:00:19","date_gmt":"2024-12-22T03:00:19","guid":{"rendered":"https:\/\/www.hashmicro.com\/ph\/blog\/?p=5171"},"modified":"2025-06-13T04:41:52","modified_gmt":"2025-06-13T04:41:52","slug":"procurement-system","status":"publish","type":"post","link":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/","title":{"rendered":"What is Procurement System? Types, Benefits &amp; Solutions"},"content":{"rendered":"<p>Procurement is a complex field, and very high-stake in business. Did you know businesses spend 50-70% of their income on procurement? Which means, if you still do everything manually, either on paper or using different spreadsheets, you&#8217;ll experience expensive mistakes at some point in your business.<\/p>\n<p>So, what&#8217;s the solution? You can try <a href=\"https:\/\/www.hashmicro.com\/ph\/procurement-system\">HashMicro\u2019s Procurement System<\/a> to assist your operations to minimize the errors! Plus, <a href=\"https:\/\/www.bworldonline.com\/spotlight\/2021\/02\/18\/345565\/philippine-businesses-increasingly-rely-on-cloud-based-it-solutions-for-growth-survey-shows\/\">94% of companies<\/a> in the Philippines are now considering cloud-based IT solutions, which proves that a procurement system is necessary to cut down costs.<\/p>\n<p>Read on for a comprehensive insight into how HashMicro&#8217;s best procurement system can help your company successfully operate in today&#8217;s market.<\/p>\n<table style=\"border-collapse: coacllapse;background-color: #fffacd;border-radius: 25px 25px 25px 25px\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"padding: 15px;border: none\">\n<h3 style=\"margin-bottom: 10px\"><span style=\"background-color: #990000;color: #ffffff;padding: 5px\"><b>Key Takeaways<\/b><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400\">A procurement system is a technology that automates the purchasing process, reducing errors and costs and improving efficiency.<\/li>\n<li style=\"font-weight: 400\">An ideal procurement system should offer comprehensive features such as purchase request management, request conversion to RFQs, purchase order management, and other essential features for the procurement process.<\/li>\n<li style=\"font-weight: 400\">As businesses grow, implementing a robust procurement software solution becomes essential to managing procurement processes effectively, achieving cost-reduction goals, and mitigating legal risks.<\/li>\n<li style=\"font-weight: 400\">HashMicro\u2019s <a href=\"https:\/\/www.hashmicro.com\/ph\/procurement-system\">procurement system<\/a> helps to enhance and streamline your procurement process effectively and effectively in real-time.<\/li>\n<\/ul>\n<p><span data-sheets-root=\"1\"><style>\r\n.button-cta-custom {\r\n    background-color: #8a0e19;\r\n    color: #fff !important;\r\n    -webkit-transition: all .3s ease;\r\n    transition: all .3s ease;\r\n    padding: 8px 24px;\r\n    display: inline-block;\r\n    border-radius: 8px;\r\n    font-size: 16px;\r\n    font-weight: bold;\r\n}\r\n.button-cta-custom:hover{\r\n\tbackground-color:#991b26\t\t\r\n}\r\n<\/style>\r\n<a class=\"button-cta-custom\" href=\"https:\/\/www.hashmicro.com\/ph\/free-product-tour\/?medium=cta-button\" target=\"_blank\">Click Here to Get the Free Demo!<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"https:\/\/www.hashmicro.com\/ph\/free-product-tour\/?medium=free-product-tour\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/bir-demo-gratis.webp\" data-desktop-src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/bir-demo-gratis.webp\" data-mobile-src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/mobile-bir-demo-gratis.webp\" alt=\"FreeDemo\" class=\"responsive-image-banner\" width=\"620\" height=\"255\"><\/a>\r\n\r\n<script>\r\n    \/\/ check which image to use based on screensize\r\n    document.addEventListener(\"DOMContentLoaded\", function() {\r\n        function updateImageSource() {\r\n            var images = document.querySelectorAll('.responsive-image-banner');\r\n            var screenWidth = window.innerWidth;\r\n\r\n            images.forEach(function(img) {\r\n                var mobileSrc = img.getAttribute('data-mobile-src');\r\n                var desktopSrc = img.getAttribute('data-desktop-src');\r\n\r\n                if (screenWidth < 576 && mobileSrc) {\r\n                    img.setAttribute('src', mobileSrc);\r\n                } else {\r\n                    img.setAttribute('src', desktopSrc);\r\n                }\r\n            });\r\n        }\r\n\r\n        \/\/ Initial check\r\n        updateImageSource();\r\n\r\n        \/\/ Update on resize\r\n        window.addEventListener('resize', updateImageSource);\r\n    });\r\n<\/script><div id=\"toc_group_article\" style=''>\r\n\t<p style='font-size:25px;font-weight:bold; margin-bottom:0px'>\r\n\t\tTable of Contents\r\n\t<\/p>\r\n\t<ul id=\"list_toc\" class='list_toc'><\/ul>\r\n<\/div>\r\n\r\n<div id=\"placeholder-toc\"><\/div>\r\n<div id=\"toc\">\r\n    <div class=\"header\">\r\n\t<span class=\"toc-title\" id=\"toc-title\">Content Lists<\/span>\t\r\n\t <i class=\"toc-icon\">\r\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"30\" height=\"30\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"#000\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"header-icon\">\r\n          <path d=\"m6 9 6 6 6-6\" \/>\r\n        <\/svg>\r\n      <\/i>\r\n\t<\/div>\r\n    <div class=\"list\">\r\n      <ul id=\"toc-list\"><\/ul>\r\n    <\/div>\r\n <\/div>\r\n\r\n<style>\r\n\/* Simple styling for the TOC *\/\r\n\t\r\n\t#toc ul li:last-child {\r\n    padding-bottom: 16px; \/* Adjust the value as needed *\/\r\n}\r\n\r\n.td-fix-index {\r\n\t transform: unset !important;\r\n     -webkit-transform: unset !important; \r\n}\r\n.footer-contact .td-fix-index {\r\n\t transform: translateZ(0) !important;\r\n     -webkit-transform: translateZ(0) !important; \r\n}\r\n\t.tdb_single_content .tdb-block-inner.td-fix-index{\r\n\t\tposition: static;\r\n\t}\r\n\t\r\n\r\n\t\r\n#toc {\r\n  background-color: #FFF;\r\n\tpadding: 17px 24px 20px 24px !important;\r\n  margin-bottom: 20px;\r\n\/*   border: 1px solid #9C171E; *\/\r\n  border-radius: 6px;\r\n\tdisplay: none;\r\n  max-width: 100%;\r\n  transition: .4s ease height;\r\n\tmargin-left: 0;\r\n\toverflow: hidden;\r\n}\r\n\r\n#toc .header{\r\n  display: flex;\r\n  align-items: center;\r\n  justify-content: space-between;\r\n\tbackground-color: transparent;\r\n}\r\n\t\r\n\t#toc.sticky .header{\r\n\t\tpadding: 4px 0;\r\n\t}\r\n\t\r\n.header p{\r\n  font-size: 18px !important;\r\n  font-weight: 600 !important;\r\n  color: #393939;\r\n   margin-bottom: 0;\r\n  \/* margin-top: 20px; *\/\r\n}\r\n\r\n.toc-icon{\r\n  float: right;\r\n\/*   visibility: hidden; *\/\r\n}\r\n\r\n\t.toc-title{\r\n\t\tmargin-right: auto;\r\n\/* \t\tpadding-left: 20px; *\/\r\n\t\tfont-weight: 600;\r\n\t\talign-self: center;\t}\t\r\n\r\n#toc ul {\r\n  list-style-type: none;\r\n  padding-left: 0;\r\n  padding-top: 20px;\r\n  margin-top: 0px;\r\n}\r\n\t\r\n#toc.sticky ul{\r\n\toverflow-y: auto;\r\n\tmax-height: 250px;\r\n\tmargin-top: 0px;\r\n\tpadding-top: 20px;\r\n\/* \tborder-top: 1px solid #d3d3d3; *\/\r\n}\r\n\t\r\n#toc ul li {\r\n\/*   margin-bottom: 10px; *\/\r\n  margin-bottom: 10px;\r\n\tmargin-left: 0;\r\n\ttransition: .2s ease;\r\n\tcursor: pointer;\r\n}\r\n\t\r\n\t#toc.sticky ul li {\r\n\t  margin-right: 10px;\r\n\t}\r\n\t\r\n.td-post-content #toc-list li a:hover, .td-post-content #toc-list a.active{\r\n\tbackground-color: #FFF;\r\n\/* \tpadding: 8px 16px 8px 16px; *\/\r\n\tpadding: 4px 16px 4px 16px;\r\n\tborder-radius: 6px;\r\n\tcolor: #9c171e !important;\r\n\tfont-weight: 600 !important;\r\n}\r\n\t\r\n\t.td-post-content #toc-list li:hover a, .td-post-content #toc-list a.active{\r\n\t\tcolor: #9C171E !important;\r\n\t\tfont-weight: 600 !important;\r\n\t}\r\n\t\r\n.td-post-content #toc-list a.active{\r\n\tfont-weight: bold !important;\r\n\tcolor: #9C171E !important;\r\n}\r\n\t\r\n#toc a, .td-post-content #toc-list a {\r\n  text-decoration: none;\r\n  color: #ea1717 !important;\r\n  transition: .2s ease;\r\n\tfont-weight: 400 !important;\r\n\tdisplay: block;\r\n\t\r\n\tpadding: 4px 16px 4px 0;\r\n}\r\n\r\n#toc.sticky {\r\n  position: fixed;\r\n\/*   top: 73px; *\/\r\n\tbottom: 0;\r\n  z-index: 100; \r\n  box-shadow: 0 2px 5px rgba(0,0,0,0.1); \r\n\twidth: 100%; \r\n\tbackground-color: #FFF;\r\n\/* \tbackground-color: #FFF1F1; *\/\r\n\tborder-bottom: 1px solid #ea1717;\r\n\/*   border: 1px solid #393939; *\/\r\n  box-shadow: 0px 0px 14px 0px #00000040;\r\n  cursor: pointer;\r\n\tanimation: fadein .3s ease;\r\n\tpadding: 12px 16px !important;\r\n}\r\n\t\r\n\t.fadein{\r\n\t\tanimation: fadein .3s ease;\r\n\t}\r\n\t\r\n\t.fadeout{\r\n\t\tanimation: fadeout .3s ease;\r\n\t}\r\n\t\r\n\t\r\n\t@keyframes fadein{\r\n\t\t0% {\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t\t100%{\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@keyframes fadeout{\r\n\t\t0% {\r\n\t\t\topacity: 1;\r\n\t\t}\r\n\t\t100%{\r\n\t\t\topacity: 0;\r\n\t\t}\r\n\t}\r\n\r\n\t\r\n#toc.sticky .header p{\r\n\tmargin-bottom: 10px;\r\n\tmargin-top: 10px;\r\n}\r\n\r\n#toc.sticky .toc-icon{\r\n  visibility: visible;\r\n\/* \ttransition: 0.4s ease; *\/\r\n}\r\n\t\r\n\t.toc-icon{\r\n\t\talign-items: center;\r\n    \tdisplay: flex;\r\n\t}\r\n\t\r\n\tsvg.header-icon{\r\n\/* \t\tbackground-color: #9c171e; *\/\r\n\t\tbackground-color: #FFF;\r\n\t\tborder-radius: 30px;\r\n\t\tpadding: 5px;\r\n\t}\r\n\r\n#toc.sticky .list{\r\n\/*   max-height: 0; *\/\r\n  transition: height 0.4s ease;\r\n}\r\n\t\r\n\t#toc .list{\r\n\/*   max-height: 0; *\/\r\n  transition: height 0.4s ease;\r\n}\r\n\r\n#toc .header.active .toc-icon{\r\n\ttransform: rotate(0deg); \r\n\topacity: 1;\r\n}\r\n\r\n\t#toc .header.active + .list {\r\n\t  max-height: 200px; \/* Adjust this value as needed *\/\r\n\t  opacity: 1;\r\n\t}\r\n\t\r\n\t#placeholder-toc{\r\n\/* \t\tdisplay: none; *\/\r\n\t}\r\n\t\r\n\t@media (min-width: 768px) and (max-width: 991px){\r\n\t\t#toc.sticky{\r\n\/* \t\t\ttop: 104px; *\/\r\n\t\t\tbottom: 0px;\r\n\t\t}\r\n\t\t\r\n\t\t#toc{\r\n\t\t\twidth: unset !important;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@media (max-width: 767px){\r\n\t\t#toc{\r\n\t\t\twidth: 100% !important;\r\n\t\t\tdisplay: inline-block;\r\n\t\t}\r\n\t\t\r\n\t\t#toc.sticky{\r\n\t\t\twidth: 84% !important;\r\n\/* \t\t\ttop: 81px; *\/\r\n\t\t\tbottom: 60px;\r\n\t\t\tmargin-left: auto;\r\n\t\t\tmargin-right: auto;\r\n\t\t\tpadding: 0 16px;\r\n\/* \t\t\tright: 5%; *\/\r\n\t\t}\r\n\t}\r\n<\/style>\r\n\r\n<style>\r\n\t#list_toc li {margin-bottom: 0;margin-top: 5px;}\r\n\t#list_toc > li > ul {padding-left: 20px;margin-bottom: 0;}\r\n\t#list_toc{height:max-content;transition:ease-in-out}\r\n\t#list_toc li {margin-bottom: 0;margin-top: 5px;}\r\n\t#list_toc_float li.active > a {color:#b1252d;background: #ffe1e3;}\r\n\t#list_toc_float li a {padding:3px 7px}\r\n\t#list_toc_float li a {\r\n\t\tdisplay: block;\r\n\t\tcolor:#000;\r\n\t\tmargin-bottom: 10px;\r\n\t\ttransition:all 0.2s ease-in-out;\r\n\t\tfont-size:15px\r\n\t}\r\n\t#list_toc_float li{list-style:none;list-style-position:inside; margin-left:0;}\r\n\t#list_toc_float a:hover{color:#b1252d;}\r\n\t\r\n\t#list_toc_float li a{margin-bottom:0px}\r\n\t#toc_group_float{\r\n\t\tline-height: 24px;\r\n\t\tmax-height: calc(100vh - 100px);\r\n\t\toverflow: auto;\r\n\t\tz-index: 99;\r\n\t\tdisplay:none!important;\r\n\t\tbackground:#fff;\r\n\t\ttransition:all 0.5s linear\r\n\t}\r\n\t\r\n\t@media (min-width:1019px){\r\n\t\t#toc_group_float {\r\n\t\t\tdisplay:block!important;\r\n\t\t\t}\r\n\t\t\t\t#toc_group_article {\r\n\t\t\tdisplay:none;\r\n\t\t}\r\n\t}\r\n\t\r\n\t@media (max-width:768px){\r\n\t\t#toc_group_article {\r\n\t\t\tdisplay:none;\r\n\t\t}\r\n\t}\r\n\t\r\n\t \/* custom scrollbar style *\/\r\n::-webkit-scrollbar {\r\n    width: 7px;\r\n}\r\n::-webkit-scrollbar-track {\r\n    background: #d7a2a4;\r\n}\r\n::-webkit-scrollbar-thumb {\r\n    background: #b1252d;\r\n    border-radius: 15px;\r\n}\t\t\r\n\r\n<\/style>\r\n\r\n<script>\r\n\tdocument.addEventListener('DOMContentLoaded', function() {\r\n\t\t\/\/ Function to handle click on all <a> elements with href starting with #\r\n\t\tfunction handleTitleClick(event) {\r\n\t\t\tevent.preventDefault();\r\n\t\t\tconst targetId = this.getAttribute('href').substring(1);\r\n\t\t\tconst targetElement = document.getElementById(targetId);\r\n\r\n\t\t\tif (targetElement) {\r\n\t\t\t\tconst headerHeight = document.querySelector('#toc .header').offsetHeight;\r\n\t\t\t\tconst navbarHeight = document.getElementById('tdi_34') ? document.getElementById('tdi_34').offsetHeight : 0;\r\n\t\t\t\tconst windowHeight = window.innerHeight;\r\n\t\t\t\tconst targetOffset = targetElement.offsetTop;\r\n\t\t\t\tconst scrollTo = targetOffset + (windowHeight \/ 2) + (headerHeight) - navbarHeight - 40;\r\n\r\n\t\t\t\twindow.scrollTo({\r\n\t\t\t\t\ttop: scrollTo,\r\n\t\t\t\t\tbehavior: 'smooth'\r\n\t\t\t\t});\r\n\t\t\t}\r\n\t\t}\r\n\r\n\t\t\/\/ Add event listener for all <a> elements in toc-list and list-toc\r\n\t\tconst titleLinks = document.querySelectorAll('#toc-list a, #list_toc a');\r\n\t\ttitleLinks.forEach(link => {\r\n\t\t\tlink.addEventListener('click', handleTitleClick);\r\n\t\t});\r\n\t});\r\n<\/script>\r\n\r\n<!-- ToC List for mobile -->\r\n<script>\r\n \/\/ Generate TOC based on headings\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  \/\/ Get the element that will contain the TOC\r\n  const tocList = document.getElementById('toc-list');\r\n\r\n  \/\/ Get the element with class 'td-post-content'\r\n  const article = document.querySelector('.td-post-content');\r\n\r\n  \/\/ Find all h2 elements within the article\r\n  const headers = article.getElementsByTagName('h2');\r\n\r\n  \/\/ Loop through the h2 elements and create a list item for each one\r\n  for (let i = 0; i < headers.length; i++) {\r\n    const header = headers[i];\r\n    const headerText = header.textContent;\r\n\/\/     const headerId = 'header-' + i;\r\n    const headerId = headerText\r\n    .toLowerCase()\r\n    .trim()\r\n    .replace(\/[^\\w\\s-]\/g, '')  \/\/ hapus tanda baca\r\n    .replace(\/\\s+\/g, '-'); \/\/ ganti spasi jadi \"-\"\r\n\r\n    \/\/ Set an ID for the header if it doesn't have one\r\n    header.setAttribute('id', headerId);\r\n\r\n    \/\/ Create a list item for the TOC\r\n    const listItem = document.createElement('li');\r\n\r\n    \/\/ Create a link for the list item\r\n    const link = document.createElement('a');\r\n    link.setAttribute('href', '#' + headerId);\r\n    link.textContent = headerText;\r\n\r\n    \/\/ Append the link to the list item\r\n    listItem.appendChild(link);\r\n\r\n    \/\/ Append the list item to the TOC list\r\n    tocList.appendChild(listItem);\r\n  }\r\n});\r\n\r\n\/\/ Keep height and placement of content using placeholder in place of TOC\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  const toc = document.querySelector('#toc');\r\n  const placeholderToc = document.querySelector('#placeholder-toc');\r\n\r\n  function setPlaceholderHeight() {\r\n    placeholderToc.style.height = `${toc.offsetHeight}px`;\r\n  }\r\n\r\n  \/\/ Set the initial height of the placeholder\r\n  setPlaceholderHeight();\r\n\r\n  \/\/ Update the height on window resize\r\n  window.addEventListener('resize', setPlaceholderHeight);\r\n});\r\n  const tocTitle = document.querySelector('#toc-title');\r\n\r\n\/\/ Sticky TOC and update heading\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n  const toc = document.querySelector('#toc');\r\n  const footer = document.querySelector('.td-footer-template-wrap');\r\n  const tocParent = toc.parentElement;\r\n  const divTop = tocParent.getBoundingClientRect().top + window.pageYOffset;\r\n  const tocHeight = toc.offsetHeight;\r\n  const triggerPoint = divTop + tocHeight + 700;\r\n  const footerHeight = footer.offsetHeight;\r\n  const triggerFooterPoint = footer.getBoundingClientRect().top + window.pageYOffset - footerHeight - footerHeight - footerHeight;\r\n  const phtoc = document.querySelector('#placeholder-toc');\r\n  const headers = document.querySelectorAll('.td-post-content h2');\r\n  const navLinks = document.querySelectorAll('#toc-list a');\r\n\t\r\n\tconst panel2 = document.querySelector(\"#toc .list\");\r\n\tvar icon = document.querySelector(\".toc-icon\");\r\n\r\n  let activeLink = null; \/\/ Declare activeLink outside the loop\r\n\t\r\n  \/\/ Function to handle scroll and add\/remove .sticky class\r\n  function handleScroll() {\r\n    const windowTop = window.pageYOffset || document.documentElement.scrollTop;\r\n    let currentHeader = '';\r\n\r\n    \/\/ Highlight user progress as the heading comes\r\n    headers.forEach(header => {\r\n\t\tconst headerTop = header.offsetTop;\r\n\t\tconst headerHeight = header.clientHeight;\r\n\t\tif(window.innerWidth < 767){\r\n\t\t\ttocTitle.textContent = 'Table of Contents'; \/\/ Selalu pertahankan judul ini di mobile\r\n\t\t} else {\r\n\t\t\tif (window.scrollY >= (headerTop - headerHeight + 700)) {\r\n\t\t\t\tconst currentHeaderId = header.getAttribute('id');\r\n\t\t\t\tconst currentHeaderText = document.getElementById(currentHeaderId).textContent;\r\n\t\t\t\ttocTitle.textContent = currentHeaderText;\r\n\t\t\t\tcurrentHeader = currentHeaderId;\r\n\t\t\t}\r\n\t\t}\r\n\t});\r\n\r\n    navLinks.forEach(link => {\r\n      link.classList.remove('active');\r\n      if(currentHeader != '') {\r\n\t\t  if (link.getAttribute('href').includes(currentHeader)) {\r\n\t\t\t  link.classList.add('active');\r\n\t\t  }\r\n\t  }\r\n    });\r\n\r\n    \/\/ Update TOC title if sticky\r\n    if (windowTop > triggerPoint) {\r\n      if (!toc.classList.contains('sticky')) {\r\n        phtoc.style.display = \"block\";\r\n        toc.classList.add('sticky');\r\n        toc.style.width = `${tocParent.offsetWidth}px`; \/\/ Set width to match the parent element\r\n        toc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n        toc.style.backgroundColor = \"#FFF\";\r\n\t\tpanel2.style.height = '0px';\r\n\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t  if(window.innerWidth < 767){\r\n\t\t\t  tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n       \t\t  toc.style.width = '150px'; \/\/ Set width to match the parent element\r\n\t\t  }\r\n      }\r\n      if (currentHeader) {\r\n        tocTitle.textContent = activeLink ? activeLink.textContent : \"\"; \/\/ Update title only if activeLink exists\r\n      }\r\n    } else {\r\n      toc.classList.remove('sticky');\r\n      phtoc.style.display = \"none\";\r\n      toc.style.width = 'unset'; \/\/ Reset to original width\r\n      toc.style.backgroundColor = \"#FFF\";\r\n      tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n\t\tpanel2.style.height = panel2.scrollHeight + \"px\";\r\n\t\ticon.style.transform = \"rotate(180deg)\";\r\n    }\r\n  }\r\n\r\n    \/\/ Attach the scroll event listener to the window\r\n    window.addEventListener('scroll', handleScroll);\r\n\r\n    \/\/ Initial call to handleScroll to set the correct state on load\r\n    handleScroll();\r\n});\r\n\t\r\n\t\/\/ Open toggle TOC\r\n\t  document.addEventListener(\"DOMContentLoaded\", function() {\r\n\t\tvar tocHeader = document.querySelector(\"#toc .header\");\r\n\t\tvar toc = document.querySelector(\"#toc\");\r\n\t\tvar icon = document.querySelector(\".toc-icon\");\r\n\t\tconst tocTitle = document.querySelector('#toc-title');\r\n\t\tconst tocs = document.querySelector('#toc.sticky');\r\n \t\tconst tocParent = toc.parentElement;\t\t  \r\n\r\n\t\t  tocHeader.addEventListener(\"click\", function() {\r\n\t\t\tvar panel = this.nextElementSibling;\r\n\t\t\tif (panel.style.height !== '0px') { \/\/ Check if height is not 0px\r\n\t\t\t  panel.style.height = '0px'; \/\/ Set height to 0 for full collapse\r\n\t\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t\t\tif(window.innerWidth > 768){\r\n\t\t\t\t\tif(!toc.classList.contains('sticky')){\r\n\t\t\t\t\t\ttoc.style.width = \"unset\";\r\n\t\t\t\t\t}\r\n\t\t\t\t\tif (toc.classList.contains('sticky')){\r\n\t\t\t\t\t\ttoc.style.width = '${tocParent.offsetWidth}px';\r\n\t\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t\t}\r\n\t\t\t\t}\r\n\t\t\t\tif(window.innerWidth < 767){\r\n\t\t\t\t\ttoc.style.width = \"unset\"; \/\/ Reset width\r\n\t\t\t\t}\r\n\t\t\t\ttoc.style.backgroundColor = \"#FFF1F1\";\r\n\t\t\t} else {\r\n\t\t\t  panel.style.height = panel.scrollHeight + \"px\";\r\n\t\t\t  icon.style.transform = \"rotate(0deg)\";\r\n\t\t\t  toc.style.backgroundColor = \"#FFF\";\r\n\t\t\t  tocTitle.textContent = 'Table of Contents'; \/\/ Reset title\r\n\t\t\t\ttoc.style.paddingBottom = '24px';\r\n\t\t\t \tif(window.innerWidth < 767){\r\n\t\t\t\t\ttoc.style.width = `${tocParent.offsetWidth}px`; \/\/ Set width to match the parent element\r\n\t\t\t\t\ttoc.setAttribute('style', 'width: ' + tocParent.offsetWidth + 'px !important;');\r\n\t\t\t\t}\r\n\t\t\t}\r\n\t\t  });\r\n\r\n\t\t  \/\/ Close TOC when a link inside it is clicked\r\n\t\t  var tocLinks = document.querySelectorAll(\"#toc .list a\");\r\n\t\t  tocLinks.forEach(function(link) {\r\n\t\t\tlink.addEventListener(\"click\", function() {\r\n\t\t\t  var panel = document.querySelector(\"#toc .list\");\r\n\t\t\t  panel.style.height = '0px'; \/\/ Set height to 0 for full collapse\r\n\t\t\t  icon.style.transform = \"rotate(180deg)\";\r\n\t\t\t  toc.style.backgroundColor = \"#FFF\";\r\n\t\t\t});\r\n\t\t  });\r\n\t\t});\r\n\t\r\n\/\/ \tmake the heading at the center of the viewport\r\n\/\/ \tdocument.addEventListener('DOMContentLoaded', function() {\r\n\/\/     \/\/ Add click event listener to all links in the TOC list\r\n\/\/     document.querySelectorAll('#toc-list a').forEach(anchor => {\r\n\/\/         anchor.addEventListener('click', function (e) {\r\n\/\/             e.preventDefault(); \/\/ Prevent the default behavior of jumping to the anchor\r\n\/\/             const targetId = this.getAttribute('href').substring(1); \/\/ Get the ID of the target element\r\n\/\/             const targetElement = document.getElementById(targetId); \/\/ Get the target element\r\n\r\n\/\/             if (targetElement) {\r\n\/\/                 const headerHeight = document.querySelector('#toc .header').offsetHeight; \/\/ Get the height of the fixed header\r\n\/\/                 const windowHeight = window.innerHeight; \/\/ Get the height of the viewport\r\n\/\/                 const targetOffset = targetElement.offsetTop; \/\/ Get the top offset of the target element\r\n\/\/                 const scrollTo = targetOffset + (windowHeight \/ 2) + (headerHeight); \/\/ Calculate the scroll position to center the target element\r\n\r\n\/\/                 \/\/ Scroll to the calculated position smoothly\r\n\/\/                 window.scrollTo({\r\n\/\/                     top: scrollTo,\r\n\/\/                     behavior: 'smooth'\r\n\/\/                 });\r\n\/\/             }\r\n\/\/         });\r\n\/\/     });\r\n\/\/ });\r\n<\/script>\r\n\r\n<script>\r\n    \/\/ Scrollspy function to highlight the active TOC item based on the scroll position\r\n  function scrollSpy(tocClass) {\r\n    const scrollPosition = window.scrollY;\r\n\r\n    \/\/ Find the active h2 and h3 headings based on their position in the corresponding TOC\r\n    let activeH2 = null;\r\n    let activeH3 = null;\r\n\r\n    const tocItems = document.querySelectorAll(`.${tocClass} li`);\r\n    tocItems.forEach(item => {\r\n      const a = item.querySelector('a');\r\n      if (!a) return;\r\n      const href = a.getAttribute('href');\r\n      const targetId = href.substring(1); \/\/ Remove the '#' from the href to get the target ID\r\n      const targetElement = document.getElementById(targetId);\r\n      if (!targetElement) return;\r\n\r\n      const targetTop = targetElement.getBoundingClientRect().top + scrollPosition;\r\n      const nextItem = item.nextElementSibling;\r\n      const nextTop = nextItem ? nextItem.getBoundingClientRect().top + scrollPosition : Infinity;\r\n\r\n      if (targetTop <= scrollPosition + 150) {\r\n        if (a.parentElement.parentElement === tocItems) {\r\n          \/\/ The h2 heading is at the root level of the TOC\r\n          activeH2 = { id: targetId, level: 'h2' };\r\n        } else {\r\n          \/\/ The h3 heading is nested under an h2 heading\r\n          const parentH2 = a.parentElement.parentElement.previousElementSibling;\r\n          if (parentH2) {\r\n            const h2Link = parentH2.querySelector('a');\r\n            if (h2Link) {\r\n              const h2Href = h2Link.getAttribute('href');\r\n              const h2Id = h2Href.substring(1);\r\n              activeH2 = { id: h2Id, level: 'h2' };\r\n            }\r\n          }\r\n          activeH3 = { id: targetId, level: 'h3' };\r\n        }\r\n      }\r\n\r\n      if (targetTop > scrollPosition + 150 && nextTop > scrollPosition + 150 && !activeH3) {\r\n        \/\/ Reset the activeH2 when there are no more active h3 headings\r\n        activeH2 = null;\r\n      }\r\n    });\r\n\r\n    \/\/ Update the active state for the TOC items\r\n    tocItems.forEach(item => {\r\n      item.classList.remove('active');\r\n      const a = item.querySelector('a');\r\n      if (a) {\r\n        const href = a.getAttribute('href');\r\n        const targetId = href.substring(1);\r\n        if ((activeH2 && activeH2.id === targetId) || (activeH3 && activeH3.id === targetId)) {\r\n          item.classList.add('active');\r\n        }\r\n      }\r\n    });\r\n  }\r\n\r\n  \/\/ Call scrollSpy for each TOC on window scroll\r\n  const tocClasses = ['list_toc', 'list_toc_float']; \/\/ Add other TOC class names here if you have more than two instances\r\n  tocClasses.forEach(tocClass => {\r\n    window.addEventListener('scroll', () => scrollSpy(tocClass));\r\n  });\r\n<\/script>\r\n\t\r\n\r\n<!-- ToC List for desktop side bar, diganti jadi inject by php, di code snippet \"Sidebar Accordion\" -->\r\n<!-- <script>\r\n\tdocument.addEventListener('DOMContentLoaded', function() {\r\n        let headerCounter = 0; \/\/ Counter to generate unique IDs\r\n\r\n\t\t\/\/ Function to generate ID in header0, header1, etc. format\r\n\t\tfunction formatId() {\r\n\t\t\treturn `header-${headerCounter++}`; \/\/ ID format: header0, header1, etc.\r\n\t\t}\r\n\r\n\/\/ \t\tfunction formatId(text) {\r\n\/\/             return text.trim().replace(\/[^\\w\\d]+\/g, '_');\r\n\/\/         }\r\n\t\r\n        \/\/ Function to create nested list\r\n        function createNestedList(parentNode, children) {\r\n            if (children.length === 0) return;\r\n\r\n            const nestedUl = document.createElement('ul');\r\n            children.forEach(child => {\r\n                const nestedLi = document.createElement('li');\r\n                const nestedA = document.createElement('a');\r\n                nestedA.textContent = child.title;\r\n                nestedA.href = `#${child.id}`;\r\n                nestedLi.appendChild(nestedA);\r\n                nestedUl.appendChild(nestedLi);\r\n\r\n                if (child.children.length > 0) {\r\n                    createNestedList(nestedLi, child.children);\r\n                }\r\n            });\r\n\r\n            parentNode.appendChild(nestedUl);\r\n        }\r\n\r\n        \/\/ Object to store list of h2 and h3 with their titles\r\n        const headings = [];\r\n\r\n           \/\/ Get all h2 and h3 elements\r\n        \/\/ Get all h2 and h3 elements\r\n\t\tconst elements = document.querySelectorAll('.td-post-content h2');\r\n\r\n\t\telements.forEach(element => {\r\n\t\t\tif (element.tagName === 'H2') {\r\n\t\t\t\tconst id = formatId(); \/\/ Generate new ID\r\n\t\t\t\telement.id = id; \/\/ Set ID to h2 element\r\n\t\t\t\tif (element.textContent.toLowerCase() === \"key takeaways\") {return;} \/\/ Hide Key Takeaways di ToC\r\n\t\t\t\theadings.push({ level: 'h2', id: id, title: element.textContent, children: [] });\r\n\t\t\t} else if (element.tagName === 'H3') {\r\n\t\t\t\tconst id = formatId(); \/\/ Generate new ID\r\n\t\t\t\telement.id = id; \/\/ Set ID to h3 element\r\n\t\t\t\tif (headings.length > 0) {\r\n\t\t\t\t\theadings[headings.length - 1].children.push({ level: 'h3', id: id, title: element.textContent, children: [] });\r\n\t\t\t\t}\r\n\t\t\t}\r\n\t\t});\r\n       \/\/ Create HTML list from headings object\r\n\t\tconst ul = document.getElementById('list_toc');\r\n\t\tlet currentUl = ul;\r\n\t\theadings.forEach(heading => {\r\n\t\t\tconst li = document.createElement('li');\r\n\t\t\tconst a = document.createElement('a');\r\n\t\t\ta.textContent = heading.title;\r\n\t\t\ta.href = `#${heading.id}`; \/\/ Use the newly generated ID\r\n\t\t\tli.appendChild(a);\r\n\r\n\t\t\tif (heading.level === 'h2') {\r\n\t\t\t\tcurrentUl = li;\r\n\t\t\t\tul.appendChild(li);\r\n\t\t\t} else if (heading.level === 'h3') {\r\n\t\t\t\tif (!currentUl.lastElementChild || currentUl.lastElementChild.tagName !== 'UL') {\r\n\t\t\t\t\tconst nestedUl = document.createElement('ul');\r\n\t\t\t\t\tcurrentUl.appendChild(nestedUl);\r\n\t\t\t\t\tcurrentUl = nestedUl;\r\n\t\t\t\t}\r\n\t\t\t\tcurrentUl.appendChild(li);\r\n\t\t\t}\r\n\r\n\t\t\tcreateNestedList(li, heading.children);\r\n\t\t});\r\n\t\t\/\/ Get ul element with id 'list_toc'\r\n\t\tconst ulFloat = document.getElementById('list_toc');\r\n\r\n\t\t\/\/ Get content (child elements) from ul with id 'list_toc'\r\n\t\tconst clonedChildren = ulFloat.cloneNode(true).children;\r\n\r\n\t\t\/\/ Get ul element with id 'list_toc_float'\r\n\t\tconst ulToc = document.getElementById('list_toc_float');\r\n\r\n\t\t\/\/ Add content obtained from 'list_toc' to ul with id 'list_toc_float'\r\n\t\tulToc.append(...clonedChildren);\r\n\r\n\r\n        \/\/ Function to get navbar height\r\n\t\tfunction getNavbarHeight() {\r\n\t\t\tconst navbar = document.getElementById('tdi_34');\r\n\t\t\treturn navbar ? navbar.offsetHeight : 0;\r\n\t\t}\r\n\r\n\t\t\/\/ Function to add scroll position offset\r\n\t\tfunction scrollToElementWithOffset(elementId) {\r\n\t\t\tconst element = document.getElementById(elementId);\r\n\t\t\tif (element) {\r\n\t\t\t\tconst offset = getNavbarHeight();\r\n\t\t\t\tconst elementPosition = element.getBoundingClientRect().top;\r\n\t\t\t\tconst offsetPosition = elementPosition - offset - 40;\r\n\r\n\t\t\t\twindow.scrollBy({\r\n\t\t\t\t\ttop: offsetPosition,\r\n\t\t\t\t\tbehavior: 'smooth'\r\n\t\t\t\t});\r\n\t\t\t}\r\n\t\t}\r\n\r\n\t\t\/\/ Function to handle title link click\r\n\t\tfunction handleTitleClick(event) {\r\n\t\t\tevent.preventDefault();\r\n\t\t\tconst href = event.target.getAttribute('href').substr(1);\r\n\t\t\tscrollToElementWithOffset(href);\r\n\t\t}\r\n\r\n\t\t\/\/ Add event listener for all title links\r\n\t\tconst titleLinks = document.querySelectorAll('a[href^=\"#\"]');\r\n\t\ttitleLinks.forEach(link => {\r\n\t\t\tlink.addEventListener('click', handleTitleClick);\r\n\t\t});\r\n\t});\r\n    <\/script> -->\r\n<\/p>\n<h2><b>What is a Procurement Management System?<\/b><\/h2>\n<p>A Procurement management system oversees the entire process of acquiring goods, materials, and services for smooth operations. It automates tasks like purchase orders, delivery tracking, and supplier management, saving time, minimising errors, and keeping costs under control.<\/p>\n<p>According to a report by the Chartered Institute of Procurement &amp; Supply (CIPS), 60% of businesses experience procurement inefficiencies due to manual processes. These inefficiencies can lead to increased costs and delayed operations.<\/p>\n<p>Without a proper <a href=\"https:\/\/www.hashmicro.com\/ph\/procurement-system\">procurement management<\/a> system, companies often face several challenges, including manual errors, lost documents, and inefficient approval workflows. Procurement includes direct, indirect, and services procurement, each supporting different areas of business needs. Implementing an automated hardware procurement system can significantly improve these issues.<\/p>\n<p>By automating and optimizing their purchasing processes using a system, businesses can achieve up to a 30% <a href=\"https:\/\/procurementleaders.com\/content\/need-to-save-costs-explore-these-demand-levers\/\">reduction in procurement costs<\/a>. Additionally, the system provides real-time data and analytics, allowing companies to make informed decisions and negotiate better with suppliers.<\/p>\n<p>Read also: <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/purchase-order-vs-invoice\/\"><span style=\"font-weight: 400\">Purchase Order vs Invoice, What&#8217;s the Difference?<\/span><\/a><\/p>\n<style>\r\n    * {\r\n        margin: 0;\r\n        padding: 0;\r\n        box-sizing: border-box;\r\n        font-family: 'Roboto', sans-serif;\r\n    }\r\n\t\r\n\t.hashy-content a {\r\n\t\t\tcolor: #b0e0e6  !important;\r\n\t\t\ttext-decoration: underline !important;\r\n\t}\r\n\t.hashy-content a:hover {\r\n\t\t\ttext-decoration: underline !important;\r\n\t}\r\n\t\r\n\t.hashy-content .hashy-cta {\r\n\t\ttext-decoration: none !important;\r\n\t}\r\n\t\r\n\t.hashy-content .hashy-cta:hover {\r\n\t\t\ttext-decoration: none !important;\r\n\t}\r\n\r\n    .hashylogo {\r\n        width: 280px !important;\r\n        height: 70px !important;\r\n    }\r\n\r\n    .hashyrobot {\r\n        position: absolute;\r\n        top: -25%;\r\n        left: 82%;\r\n\t\tz-index: 10;\r\n    }\r\n\r\n    .hashy {\r\n\t\tmargin: 100px 0px 30px 0px;\r\n        display: flex;\r\n        gap: 16px;\r\n        flex-direction: column;\r\n\t\tposition: relative;\r\n    }\r\n\r\n    .hashy-fact {\r\n        width: 200px;\r\n        height: 55px;\r\n        justify-content: center;\r\n        color: #FFF;\r\n        text-align: center;\r\n        font-family: Roboto;\r\n        font-size: 20px;\r\n        font-style: normal;\r\n        font-weight: 700;\r\n        line-height: normal;\r\n        display: flex;\r\n        padding: 12px 30px;\r\n        align-items: center;\r\n        gap: 8px;\r\n        border-radius: 48px;\r\n        background: linear-gradient(238deg, #7B00FF 2.44%, #FBB8FF 154.72%), #F3E3FF;\r\n        box-shadow: 0px 0px 12px 0px rgba(125, 2, 255, 0.30);\r\n    }\r\n\r\n    .hashy-fact-star {\r\n        position: absolute;\r\n        top: -2%;\r\n        left: 200px;\r\n        width: 50px;\r\n        height: 38px;\r\n    }\r\n\r\n    .hashy-content {\r\n        width: 100%;\r\n        height: auto;\r\n        justify-content: center;\r\n        border-radius: 12px;\r\n        padding: 24px;\r\n        display: flex;\r\n        flex-direction: column;\r\n        gap: 16px;\r\n        color: #fff;\r\n        background: linear-gradient(238deg, #7B00FF 2.44%, #FBB8FF 154.72%), #F3E3FF;\r\n        box-shadow: 0px 0px 12px 0px #7D02FF4D;\r\n        border: 1px solid #7D02FF;\r\n        position: relative;\r\n    }\r\n\r\n    .hashy-content h3 {\r\n        color: #FFF;\r\n        font-size: 22px;\r\n        font-style: normal;\r\n        font-weight: 800;\r\n        line-height: normal;\r\n        margin: 0px !important;\r\n    }\r\n    \r\n    .hashy-content p {\r\n        margin-bottom: 0px !important;\r\n    }\r\n    \r\n    .hashy p {\r\n        margin-bottom: 0px !important;\r\n    }\r\n\r\n     .hashy-cta {\r\n        cursor: pointer;\r\n        justify-content: center;\r\n        align-items: center;\r\n        width: fit-content;\r\n        height: 45px;\r\n        border: 1px solid #7D02FF;\r\n        background: #F8EEFF;\r\n        box-shadow: 0px 4px 4px 0px #00000040, \r\n                   0px 0px 15.5px 0px #FFFFFF66;\r\n        padding: 12px 24px;\r\n        gap: 8px;\r\n        border-radius: 8px;\r\n        position: relative;\r\n        overflow: hidden;\r\n        transition: all 0.3s ease;\r\n        text-decoration: none;\r\n    }\r\n\r\n    .hashy-cta p {\r\n        color: #8627DE;\r\n        text-align: center;\r\n        font-weight: 800;\r\n        font-size: 13px;\r\n        line-height: 100%;\r\n    }\r\n\r\n    .hashy-cta img {\r\n        width: 25px;\r\n        height: 20px;\r\n        margin-bottom: 0px !important;\r\n    }\r\n\r\n    .hashy-cta::before {\r\n        content: '';\r\n        position: absolute;\r\n        top: 0;\r\n        left: -100%;\r\n        width: 60%;\r\n        height: 100%;\r\n        background: linear-gradient(\r\n            90deg,\r\n            transparent,\r\n            rgba(98, 0, 234, 0.4),\r\n            rgba(98, 0, 234, 0.6),\r\n            transparent\r\n        );\r\n        transform: skewX(-15deg);\r\n        animation: visible-shimmer 2.5s infinite;\r\n    }\r\n\r\n    @keyframes visible-shimmer {\r\n        100% {\r\n            left: 150%;\r\n        }\r\n    }\r\n\r\n    .hashy-cta:hover {\r\n        transform: translateY(-2px);\r\n        box-shadow: 0 6px 20px rgba(125, 2, 255, 0.4);\r\n    }\r\n\r\n    .hashy-cta:active {\r\n        transform: translateY(0);\r\n    }\r\n\r\n    @media screen and (max-width: 550px) {\r\n\t\t.hashy{\r\n\t\t\tmargin: 50px 0px 30px 0px;\r\n\t\t}\r\n        .hashy-fact {\r\n            display: flex;\r\n            padding: 8px 20px;\r\n            align-items: center;\r\n            gap: 8px;\r\n            border-radius: 48px;\r\n            background: linear-gradient(242deg, #B14CF1 2.92%, #7B00FF 104.91%), #F3E3FF;\r\n            box-shadow: 0px 0px 12px 0px rgba(125, 2, 255, 0.30);\r\n        }\r\n\r\n        .hashy-fact-star {\r\n            width: 36px;\r\n            height: 29px;\r\n\t\t\tleft:52%;\r\n        }\r\n\t\t\r\n\t\t.hashy-fact {\r\n    \t\twidth: fit-content;\r\n\t\t\theight: auto;align-content\r\n\t\t}\r\n\r\n        .hashy-fact p {\r\n            color: #FFF;\r\n            text-align: center;\r\n            font-size: 18px;\r\n            font-weight: 700;\r\n            line-height: normal;\r\n        }\r\n\r\n        .hashy-content {\r\n            display: flex;\r\n            width: 100%;\r\n            padding: 16px;\r\n            flex-direction: column;\r\n            align-items: flex-start;\r\n            border-radius: 8px;\r\n            border: 1px solid #7D02FF;\r\n            background: linear-gradient(238deg, #7B00FF 2.44%, #FBB8FF 154.72%), #F3E3FF;\r\n            box-shadow: 0px 0px 12px 0px rgba(125, 2, 255, 0.30);\r\n            gap: 12px;\r\n        }\r\n\r\n        .hashy-content h3 {\r\n            color: #FFF;\r\n            font-family: Roboto;\r\n            font-size: 16px;\r\n\t\t\tpadding: 0px !important;\r\n            font-style: normal;\r\n            font-weight: 800;\r\n            line-height: normal;\r\n        }\r\n\r\n        .hashy-content p {\r\n            color: #FFF;\r\n            font-size: 14px;\r\n            font-weight: 400;\r\n            line-height: 18px;\r\n        }\r\n\t\t\r\n        .hashy-cta {\r\n            display: flex;\r\n            padding: 12px 16px;\r\n            align-items: center;\r\n            gap: 8px;\r\n            width: fit-content;\r\n            border-radius: 8px;\r\n            border: 1px solid #7D02FF;\r\n            background: #F8EEFF;\r\n            box-shadow: 0px 0px 15.5px 0px rgba(255, 255, 255, 0.40), 0px 4px 4px 0px rgba(0, 0, 0, 0.25);\r\n        }\r\n\r\n        .hashy-cta p {\r\n            color: #8627DE;\r\n            text-align: center;\r\n            font-size: 14px;\r\n            font-weight: 800;\r\n            line-height: normal;\r\n        }\r\n\r\n        .hashyrobot {\r\n            top: -14%;\r\n            left: 75%;\r\n            width: 64px;\r\n            height: 110px;            \r\n        }\r\n    }\r\n<\/style>\r\n\r\n<div>\r\n    <div class=\"hashy\">\r\n        <div class=\"hashy-fact\">\r\n            <p>Hashy AI Fact<\/p>\r\n\t\t\t<div  class=\"hashy-fact-star\">\r\n\t\t\t\t\t  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"36\" height=\"28\" viewBox=\"0 0 36 28\" fill=\"none\">\r\n\t\t\t\t\t  <path d=\"M17.7875 22.5125C20.7747 23.1401 21.7146 24.0249 22.3263 26.9054C22.3463 26.9933 22.3964 27.0718 22.4684 27.1281C22.5404 27.1844 22.6299 27.215 22.7222 27.215C22.8145 27.215 22.904 27.1844 22.976 27.1281C23.048 27.0718 23.0981 26.9933 23.1181 26.9054C23.7619 23.9936 24.6697 23.0773 27.6248 22.5125C27.7148 22.493 27.7954 22.4441 27.8532 22.374C27.9109 22.3038 27.9424 22.2165 27.9424 22.1266C27.9424 22.0366 27.9109 21.9493 27.8532 21.8792C27.7954 21.809 27.7148 21.7601 27.6248 21.7406C24.6439 21.1131 23.704 20.2282 23.1181 17.3477C23.0981 17.2599 23.048 17.1813 22.976 17.1251C22.904 17.0688 22.8145 17.0381 22.7222 17.0381C22.6299 17.0381 22.5404 17.0688 22.4684 17.1251C22.3964 17.1813 22.3463 17.2599 22.3263 17.3477C21.6825 20.2533 20.7747 21.1695 17.8196 21.7406C17.7285 21.7563 17.6456 21.8018 17.5847 21.8697C17.5237 21.9376 17.4885 22.0238 17.4847 22.1139C17.481 22.2041 17.5089 22.2927 17.564 22.3652C17.6191 22.4378 17.6979 22.4897 17.7875 22.5125Z\" fill=\"#AF48F2\"\/>\r\n\t\t\t\t\t  <path d=\"M0.643802 13.5823C7.6355 14.8374 9.54115 16.7201 10.8288 23.5103C10.8288 23.6767 10.8966 23.8363 11.0173 23.954C11.1381 24.0717 11.3018 24.1378 11.4726 24.1378C11.6433 24.1378 11.8071 24.0717 11.9278 23.954C12.0485 23.8363 12.1164 23.6767 12.1164 23.5103C13.404 16.695 15.3354 14.8374 22.2949 13.5823C22.4656 13.5823 22.6294 13.5161 22.7501 13.3984C22.8709 13.2808 22.9387 13.1211 22.9387 12.9547C22.9387 12.7883 22.8709 12.6286 22.7501 12.5109C22.6294 12.3933 22.4656 12.3271 22.2949 12.3271C15.3032 11.072 13.404 9.22071 12.1164 2.40539C12.1164 2.23895 12.0485 2.07933 11.9278 1.96164C11.8071 1.84395 11.6433 1.77783 11.4726 1.77783C11.3018 1.77783 11.1381 1.84395 11.0173 1.96164C10.8966 2.07933 10.8288 2.23895 10.8288 2.40539C9.54115 9.22071 7.60975 11.072 0.643802 12.3271C0.473055 12.3271 0.309302 12.3933 0.188565 12.5109C0.067829 12.6286 0 12.7883 0 12.9547C0 13.1211 0.067829 13.2808 0.188565 13.3984C0.309302 13.5161 0.473055 13.5823 0.643802 13.5823Z\" fill=\"#AF48F2\"\/>\r\n\t\t\t\t\t  <path d=\"M22.8576 7.12452C27.2547 7.84621 28.2848 8.85659 29.0316 13.1428C29.0418 13.2081 29.0757 13.2677 29.1271 13.3107C29.1784 13.3538 29.2439 13.3774 29.3117 13.3774C29.3794 13.3774 29.445 13.3538 29.4963 13.3107C29.5477 13.2677 29.5816 13.2081 29.5917 13.1428C30.3643 8.85659 31.3751 7.85249 35.7723 7.12452C35.8371 7.11097 35.8952 7.07617 35.9368 7.02592C35.9785 6.97567 36.0012 6.91301 36.0012 6.84839C36.0012 6.78378 35.9785 6.72112 35.9368 6.67086C35.8952 6.62061 35.8371 6.58581 35.7723 6.57226C31.3751 5.84429 30.3643 4.8402 29.5917 0.553954C29.5816 0.488664 29.5477 0.429094 29.4963 0.38605C29.445 0.343005 29.3794 0.319336 29.3117 0.319336C29.2439 0.319336 29.1784 0.343005 29.1271 0.38605C29.0757 0.429094 29.0418 0.488664 29.0316 0.553954C28.2848 4.8402 27.2547 5.84429 22.8576 6.59737C22.8029 6.61786 22.7559 6.65402 22.7228 6.70107C22.6896 6.74812 22.6719 6.80386 22.6719 6.86094C22.6719 6.91802 22.6896 6.97376 22.7228 7.02082C22.7559 7.06787 22.8029 7.10403 22.8576 7.12452Z\" fill=\"#AF48F2\"\/>\r\n\t\t\t\t\t<\/svg>\r\n\t\t\t\t<\/div> \r\n        <\/div>\r\n\r\n        <img decoding=\"async\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2025\/05\/Hashy-Desktop-1.webp\" width=\"96\" height=\"166\" alt=\"\" class=\"hashyrobot\">\r\n\r\n        <div class=\"hashy-content\">\r\n            <h3>Need to know!<\/h3>\r\n\t\t\t<p>A procurement system speeds up workflows and enhances decision-making. With Hashy AI by HashMicro, your purchasing becomes smarter, faster, and error-free.<\/p>\r\n\r\n<a href=\"https:\/\/www.hashmicro.com\/ph\/free-product-tour\/?medium=cta-button-fun-fact\" class=\"hashy-cta\" style=\"display: flex;\">\r\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"15\" viewBox=\"0 0 36 28\" fill=\"none\">\r\n  <path d=\"M17.7875 22.5125C20.7747 23.1401 21.7146 24.0249 22.3263 26.9054C22.3463 26.9933 22.3964 27.0718 22.4684 27.1281C22.5404 27.1844 22.6299 27.215 22.7222 27.215C22.8145 27.215 22.904 27.1844 22.976 27.1281C23.048 27.0718 23.0981 26.9933 23.1181 26.9054C23.7619 23.9936 24.6697 23.0773 27.6248 22.5125C27.7148 22.493 27.7954 22.4441 27.8532 22.374C27.9109 22.3038 27.9424 22.2165 27.9424 22.1266C27.9424 22.0366 27.9109 21.9493 27.8532 21.8792C27.7954 21.809 27.7148 21.7601 27.6248 21.7406C24.6439 21.1131 23.704 20.2282 23.1181 17.3477C23.0981 17.2599 23.048 17.1813 22.976 17.1251C22.904 17.0688 22.8145 17.0381 22.7222 17.0381C22.6299 17.0381 22.5404 17.0688 22.4684 17.1251C22.3964 17.1813 22.3463 17.2599 22.3263 17.3477C21.6825 20.2533 20.7747 21.1695 17.8196 21.7406C17.7285 21.7563 17.6456 21.8018 17.5847 21.8697C17.5237 21.9376 17.4885 22.0238 17.4847 22.1139C17.481 22.2041 17.5089 22.2927 17.564 22.3652C17.6191 22.4378 17.6979 22.4897 17.7875 22.5125Z\" fill=\"#AF48F2\"\/>\r\n  <path d=\"M0.643802 13.5823C7.6355 14.8374 9.54115 16.7201 10.8288 23.5103C10.8288 23.6767 10.8966 23.8363 11.0173 23.954C11.1381 24.0717 11.3018 24.1378 11.4726 24.1378C11.6433 24.1378 11.8071 24.0717 11.9278 23.954C12.0485 23.8363 12.1164 23.6767 12.1164 23.5103C13.404 16.695 15.3354 14.8374 22.2949 13.5823C22.4656 13.5823 22.6294 13.5161 22.7501 13.3984C22.8709 13.2808 22.9387 13.1211 22.9387 12.9547C22.9387 12.7883 22.8709 12.6286 22.7501 12.5109C22.6294 12.3933 22.4656 12.3271 22.2949 12.3271C15.3032 11.072 13.404 9.22071 12.1164 2.40539C12.1164 2.23895 12.0485 2.07933 11.9278 1.96164C11.8071 1.84395 11.6433 1.77783 11.4726 1.77783C11.3018 1.77783 11.1381 1.84395 11.0173 1.96164C10.8966 2.07933 10.8288 2.23895 10.8288 2.40539C9.54115 9.22071 7.60975 11.072 0.643802 12.3271C0.473055 12.3271 0.309302 12.3933 0.188565 12.5109C0.067829 12.6286 0 12.7883 0 12.9547C0 13.1211 0.067829 13.2808 0.188565 13.3984C0.309302 13.5161 0.473055 13.5823 0.643802 13.5823Z\" fill=\"#AF48F2\"\/>\r\n  <path d=\"M22.8576 7.12452C27.2547 7.84621 28.2848 8.85659 29.0316 13.1428C29.0418 13.2081 29.0757 13.2677 29.1271 13.3107C29.1784 13.3538 29.2439 13.3774 29.3117 13.3774C29.3794 13.3774 29.445 13.3538 29.4963 13.3107C29.5477 13.2677 29.5816 13.2081 29.5917 13.1428C30.3643 8.85659 31.3751 7.85249 35.7723 7.12452C35.8371 7.11097 35.8952 7.07617 35.9368 7.02592C35.9785 6.97567 36.0012 6.91301 36.0012 6.84839C36.0012 6.78378 35.9785 6.72112 35.9368 6.67086C35.8952 6.62061 35.8371 6.58581 35.7723 6.57226C31.3751 5.84429 30.3643 4.8402 29.5917 0.553954C29.5816 0.488664 29.5477 0.429094 29.4963 0.38605C29.445 0.343005 29.3794 0.319336 29.3117 0.319336C29.2439 0.319336 29.1784 0.343005 29.1271 0.38605C29.0757 0.429094 29.0418 0.488664 29.0316 0.553954C28.2848 4.8402 27.2547 5.84429 22.8576 6.59737C22.8029 6.61786 22.7559 6.65402 22.7228 6.70107C22.6896 6.74812 22.6719 6.80386 22.6719 6.86094C22.6719 6.91802 22.6896 6.97376 22.7228 7.02082C22.7559 7.06787 22.8029 7.10403 22.8576 7.12452Z\" fill=\"#AF48F2\"\/>\r\n<\/svg>\r\n                <p>Get a Free Demo Now!<\/p>\r\n            <\/a>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<h2><strong><span class=\"s1\">How do indirect, direct, and services procurement differ from each other?<\/span><\/strong><\/h2>\n<table>\n<tbody>\n<tr>\n<td style=\"background-color: #990000;color: #ffffff;padding: 5px;text-align: center\" width=\"20%\"><\/td>\n<td style=\"background-color: #990000;color: #ffffff;padding: 5px;text-align: center\" width=\"25%\"><b>Direct Procurement<\/b><\/td>\n<td style=\"background-color: #990000;color: #ffffff;padding: 5px;text-align: center\" width=\"25%\"><b>Indirect Procurement<\/b><\/td>\n<td style=\"background-color: #990000;color: #ffffff;padding: 5px;text-align: center\" width=\"30%\"><b>Services Procurement<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Definition<\/b><\/td>\n<td><span style=\"font-weight: 400\">Acquiring goods\/services directly related to production<\/span><\/td>\n<td><span style=\"font-weight: 400\">Buying non-production-related goods and <\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">services required for daily operations<\/span><\/td>\n<td><span style=\"font-weight: 400\">Engaging with external experts who provide<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">specialized skills <\/span><span style=\"font-weight: 400\">through consulting firms<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">or freelancers<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Examples<\/b><\/td>\n<td><span style=\"font-weight: 400\">Raw materials, components<\/span><\/td>\n<td><span style=\"font-weight: 400\">Office supplies, utilities<\/span><\/td>\n<td><span style=\"font-weight: 400\">Consulting, legal services<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Focus<\/b><\/td>\n<td><span style=\"font-weight: 400\">Production and manufacturing<\/span><\/td>\n<td><span style=\"font-weight: 400\">Operational efficiency<\/span><\/td>\n<td><span style=\"font-weight: 400\">Specialized expertise<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Transaction Size<\/b><\/td>\n<td><span style=\"font-weight: 400\">Higher individual values<\/span><\/td>\n<td><span style=\"font-weight: 400\">Lower individual values<\/span><\/td>\n<td><a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/variable-costing\/\"><span style=\"font-weight: 400\">Variable costs<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><b>Supplier Relationship<\/b><\/td>\n<td><span style=\"font-weight: 400\">Long-term partnerships<\/span><\/td>\n<td><span style=\"font-weight: 400\">Diverse suppliers<\/span><\/td>\n<td><span style=\"font-weight: 400\">Project-based or ongoing<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Impact on Revenue<\/b><\/td>\n<td><span style=\"font-weight: 400\">Directly impacts product availability and quality<\/span><\/td>\n<td><span style=\"font-weight: 400\">Less direct impact on revenue<\/span><\/td>\n<td><span style=\"font-weight: 400\">Can enhance operational efficiency<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Market Dynamics<\/b><\/td>\n<td><span style=\"font-weight: 400\">Influenced by commodity prices<\/span><\/td>\n<td><span style=\"font-weight: 400\">More stable pricing<\/span><\/td>\n<td><span style=\"font-weight: 400\">Subject to service market trends<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong><span class=\"s1\">What does the Procurement Process entail?<\/span><\/strong><\/h2>\n<h3><span class=\"s2\">1. Process<\/span><span class=\"s1\">\u00a0<\/span><\/h3>\n<p><span class=\"s1\">Process involves systematic planning, purchasing, and payment, ensuring compliance with policies and enhancing efficiency.<\/span><\/p>\n<h3><span class=\"s1\">2. People<br \/>\n<\/span><b><\/b><\/h3>\n<p><span class=\"s2\">People<\/span><span class=\"s1\">\u00a0are the teams responsible for procurement activities; clearly defined roles and ongoing training are essential for success, along with effective collaboration with stakeholders.<\/span><\/p>\n<h3><span class=\"s1\">3. <\/span><span class=\"s2\">Paper<\/span><span class=\"s1\">\u00a0<\/span><\/h3>\n<p><span class=\"s1\">Paper refers to the necessary documentation that supports procurement activities. Comprehensive records promote transparency and accountability, ensuring compliance and providing a clear audit trail for transactions.<\/span><\/p>\n<h2><strong>Roles of procurement management that need to be digitized<\/strong><\/h2>\n<p>While procurement involves various functions, here are 5 key tasks that should be automated to reduce time, manual effort, and cost.<\/p>\n<h3>1. Purchase requisition<\/h3>\n<p>A purchase requisition system provides users a clear and straightforward way to request. It helps by offering options like preferred or frequently purchased items and recommending the best vendor, all while incorporating purchasing policies into the process to guide users appropriately.<\/p>\n<p>With real-time policy enforcement, any errors or incomplete details in purchase requests are flagged immediately, ensuring accuracy and eliminating mistakes. Procurement management software with features like electronic data capture, routing, and approval processes ensures a smooth and consistent requisition experience for organizations every time.<\/p>\n<h3>2. Purchase order<\/h3>\n<p>A procurement management system eliminates the need for manual, paper-based purchase orders and repetitive data entry. It automatically converts purchase requisitions into as many purchase orders as needed based on the number of line items.<\/p>\n<p>With purchase order software, stakeholders gain full visibility into the process and can easily track the status of a PO within the approval workflow at any time. The system ensures that purchase orders include all the essential details stakeholders need to make informed decisions and process them quickly.<\/p>\n<h3>3. Invoice approval<\/h3>\n<p>Invoice approval and processing is a key procurement task that can be significantly improved with automation. When a vendor submits an invoice, the procurement management system digitizes the paper invoice and cross-checks it against details like the supplier&#8217;s name and contract terms.<\/p>\n<p>If there are any discrepancies, the system blocks payment and takes action based on predefined rules. If the invoice is accurate, it is automatically sent to the appropriate person for approval and final payment.<\/p>\n<h3>4. Vendor management<\/h3>\n<p>The vendor management and selection process is often manual, repetitive, and time-consuming. Procurement management software can streamline this process by automating tasks like background checks and following up on missing information or documents.<\/p>\n<p>An automated vendor management system improves collaboration with suppliers by handling onboarding steps more accurately and efficiently. It also speeds up due diligence by processing, reviewing, and scoring vendors faster than manual methods.<\/p>\n<h3>5. Contract approval<\/h3>\n<p>Manual contract approvals can be extremely time-consuming. Contract management typically involves gathering and organizing contracts across the organization and securely storing them.<\/p>\n<p>A procurement system streamlines this process by reviewing contracts, comparing them with pre-set templates, and identifying any deviations in terms and conditions. Automated contract management systems also track contracts over time to detect issues like non-compliance, approaching expirations, or other potential problems that could result in disputes if overlooked<\/p>\n<h2><strong>Benefits of Procurement Software<\/strong><\/h2>\n<p>As a tool to manage suppliers, procurement software significantly reduces the risk of cost overruns. By managing expenses through dedicated budgets and cost centers, businesses can ensure spending stays within limits.<\/p>\n<p>Some of the benefits are:<\/p>\n<ol>\n<li><strong>On-time payments<\/strong>: Automated reminders help businesses track invoices, improving supplier relationships and ensuring smooth cash flow management.<\/li>\n<li><strong>Supplier risk management<\/strong>: The system enables continuous supplier evaluations, helping prevent late deliveries and quality issues while fostering stronger partnerships.<\/li>\n<li><strong>Efficient backorder management<\/strong>: Flexibility in adjusting delivery and payment terms ensures smooth inventory control and optimizes cash flow.<\/li>\n<li><strong>Improved S2P and S2C processes<\/strong>: Procurement software streamlines contract management, purchase orders, and quotations, reducing manual errors and enhancing procurement efficiency.<\/li>\n<\/ol>\n<p>These are just four <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/benefits-of-procurement-system\/\">benefits of procurement management<\/a>. By implementing such systems, businesses can gain greater control over their supply chain, reduce costs, and improve overall performance.<\/p>\n<h2><strong>Ways to Improve Efficiency in Procurement Management<\/strong><\/h2>\n<p>While organizations can benefit significantly by understanding the purpose of their procurement management processes and streamlining them, many organizations delay taking action because they don&#8217;t know where to start. The following are the key areas that procurement teams can digitize to improve the efficiency of their <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-process-steps\/\">procurement processes<\/a>:<\/p>\n<ul>\n<li><strong>Leverage the latest automation technologies<\/strong>: A purchasing system helps automate procurement activities, improving efficiency and enabling paperless approvals for faster processing. It also allows real-time communication with vendors, helping to resolve issues quickly and prevent delays.<\/li>\n<li><strong>Improved vendor management<\/strong>: Imagine handling all supplier-related issues in one centralized platform, from screening and onboarding new vendors to monitoring performance and addressing payment or delivery concerns. An <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/e-procurement\/\">e-procurement<\/a> solution allows users to manage all vendor interactions efficiently on a single digital platform.<\/li>\n<li><strong>Better control over business expenses<\/strong>: An online procurement management system simplifies budgeting, eliminating the need for complex spreadsheets and manual data transfers. It allows users to set and monitor budget limits, access detailed reports, and keep product catalogs updated, improving accuracy and reducing employee workload.<\/li>\n<li><strong>Improved compliance<\/strong>: Procurement software consolidates key data into an easy-to-use dashboard, ensuring compliance with deadlines, quality standards, and regulations. It also helps prevent fraud and off-contract purchases, improving accuracy and reducing financial risks.<\/li>\n<li><strong>Essential reporting features<\/strong>: Procurement management software allows users to access valuable data to evaluate and compare vendor performance. It also helps identify risks in purchasing processes and highlights areas for improvement.<\/li>\n<\/ul>\n<h2><b>How Procurement System Work<\/b><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-6404 size-full\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works.webp\" alt=\"procurement management system\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/how-procurement-system-works-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>In short, a procurement system works by automating the steps needed to buy goods and services, like creating purchase orders and tracking deliveries. It helps businesses by organizing supplier information and purchase details in one place, making the process more efficient.<\/p>\n<p>Here is a more detailed explanation of how the procurement management system works:<\/p>\n<ul>\n<li><strong>Budgeting and planning<\/strong>: After identifying needs, the next steps include budgeting for procurement, forecasting demand, and strategizing the procurement approach.<\/li>\n<li><strong>Vendor selection<\/strong>: Companies assess suppliers based on cost, quality, reputation, and performance, often issuing RFPs or RFQs to gather bids.<\/li>\n<li><strong>Negotiation and contracting<\/strong>: Negotiations finalize terms, pricing, and schedules with selected suppliers. If agreed, contracts are signed to formalize the deal.<\/li>\n<li><strong>Purchase order processing<\/strong>: Once contracts are established, POs are issued to formally request specified quantities and delivery terms of goods or services from suppliers.<\/li>\n<li><strong>Performance monitoring<\/strong>: This procurement application monitors supplier performance, which is crucial for maintaining contract compliance, quality, timely delivery, and customer satisfaction in one system. To achieve this, utilize feedback and performance metrics.<\/li>\n<li><strong>Supplier management<\/strong>: Maintaining positive supplier relationships is crucial for long-term success, fostered by effective communication, collaboration, and problem-solving.<\/li>\n<\/ul>\n<h2><b>Features to Look For in a Procurement System<\/b><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-6405 size-full\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system.webp\" alt=\"procurement tracking system\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/features-to-look-for-in-a-procurement-system-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>An ideal <a href=\"https:\/\/www.hashmicro.com\/ph\/procurement-system\"><span style=\"font-weight: 400\">procurement software<\/span><\/a> should have a wide range of features and functions to meet the diverse needs of businesses. Here are some important features that businesses usually need:<\/p>\n<ul>\n<li><strong>PR management<\/strong>: This feature lets users create and manage <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/purchase-request-vs-purchase-order\/\">purchase request and purchase order<\/a>, streamlining items or service requests for various departments through the system.<\/li>\n<li><strong>PR to RFQ<\/strong>: It converts purchase requests into RFQs, allowing companies to request quickly, compare quotes from suppliers, and make informed decisions. A procurement system should have several types of RFQ\u00a0available, and better yet, a customizable one.<\/li>\n<li><strong>PO management<\/strong>: This functionality allows users to efficiently create, track, and manage purchase orders while maintaining control over procurement activities from request to fulfillment.<\/li>\n<li><strong>Work order receiving<\/strong>: This feature streamlines receiving work orders or goods from suppliers, ensuring correct items and quantities while maintaining accurate records.<\/li>\n<li><strong>Supplier invoices<\/strong>: The system enables seamless management of supplier invoices, allowing organizations to process, track, and ensure timely payment and accurate financial records.<\/li>\n<li><strong>Blanket order management<\/strong>: This <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/blanket-purchase-order\/\">blanket order<\/a> management automatically creates long-term, repetitive purchase orders for regularly needed goods or services.<\/li>\n<li><strong>Vendor price list submission &amp; management<\/strong>: This feature lets vendors submit, manage, and update price lists electronically, ensuring users always have the latest pricing data for informed decisions.<\/li>\n<li><strong>PR approval management<\/strong>: This feature enables companies to create a structured purchase requisition workflow, preventing unauthorized purchases, improving budget control, and increasing procurement accountability.<\/li>\n<li><strong>Automate stock reordering<\/strong>: The integrated system automatically generates new purchase orders when stock is low, preventing shortages or overstocking.<\/li>\n<li><strong>Online portal for suppliers<\/strong>: This feature lets suppliers interact with the procurement software online, making negotiations, deliveries, and order monitoring easier and quicker.<\/li>\n<li><strong>Landed cost calculation<\/strong>: This feature calculates the total cost of purchasing goods, including shipping, insurance, and customs duties, for an accurate final cost overview.<\/li>\n<\/ul>\n<p>When investing in a procurement management system, companies should consider not only the features but also the pricing. HashMicro, one of the best procurement management providers, offers a detailed pricing scheme file for prospective clients like you.<\/p>\n<p>This file helps businesses estimate the budget needed to implement the system, ensuring a well-informed decision. You can access the file by clicking the banner down below.<\/p>\n<a href=\"https:\/\/www.hashmicro.com\/ph\/offer\/download-erp-pricing-list?medium=banner-article\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/bir-skema-harga.webp\" data-desktop-src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/bir-skema-harga.webp\" data-mobile-src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/10\/mobile-bir-skema-harga.webp\" alt=\"SkemaHarga\" class=\"responsive-image-banner\" width=\"620\" height=\"255\"><\/a>\r\n\r\n<script>\r\n    \/\/ check which image to use based on screensize\r\n    document.addEventListener(\"DOMContentLoaded\", function() {\r\n        function updateImageSource() {\r\n            var images = document.querySelectorAll('.responsive-image-banner');\r\n            var screenWidth = window.innerWidth;\r\n\r\n            images.forEach(function(img) {\r\n                var mobileSrc = img.getAttribute('data-mobile-src');\r\n                var desktopSrc = img.getAttribute('data-desktop-src');\r\n\r\n                if (screenWidth < 576 && mobileSrc) {\r\n                    img.setAttribute('src', mobileSrc);\r\n                } else {\r\n                    img.setAttribute('src', desktopSrc);\r\n                }\r\n            });\r\n        }\r\n\r\n        \/\/ Initial check\r\n        updateImageSource();\r\n\r\n        \/\/ Update on resize\r\n        window.addEventListener('resize', updateImageSource);\r\n    });\r\n<\/script>\n<h2><b>Signs that Your Business Needs Procurement System<\/b><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-6406 size-full\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system.webp\" alt=\"procurement management software\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system.webp 1200w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system-300x169.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system-1024x576.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system-768x432.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system-747x420.webp 747w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system-150x84.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system-696x392.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/signs-that-your-business-needs-a-procurement-system-1068x601.webp 1068w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>As the business grew and expanded, it became increasingly clear that you needed a robust <a href=\"https:\/\/www.hashmicro.com\/ph\/procurement-system\"><span style=\"font-weight: 400\">procurement software<\/span><\/a> solution to manage our procurement processes effectively. Understanding the procurement software&#8217;s meaning is essential in this context. Several challenges have emerged in our procurement operations, highlighting the urgent need for a comprehensive solution.<\/p>\n<p>The following are signs that your company needs a comprehensive procurement management system:<\/p>\n<ul>\n<li><strong>You have strong cost-reduction goals<\/strong>: To meet cost-reduction goals, a procurement system is essential. In addition to streamlining processes, it also eliminates inefficiencies, and enhances purchasing power, helping you achieve your objectives efficiently.<\/li>\n<li><strong>Expenses are rising<\/strong>: Rising expenses challenge growing businesses, making cost management crucial. A procurement system identifies cost-saving opportunities, negotiates better supplier terms, and optimizes spending to reduce costs effectively.<\/li>\n<li><strong>The procurement team can deliver ROI<\/strong>: A well-optimized procurement team can deliver significant ROI. By securing favorable contracts and refining processes, they maximize savings and ensure compliance with minimal effort.<\/li>\n<li><strong>Your company is in growth mode<\/strong>: As your business grows, procurement complexities increase. A procurement system simplifies these processes, manages resources effectively, and supports scalable growth to keep pace with expansion.<\/li>\n<li><strong>Increasing employees and locations<\/strong>: Expanding your workforce and locations raises the demand for goods and services. A procurement system centralizes control, ensuring consistency across all locations and departments, leading to better efficiency.<\/li>\n<li><strong>Inaccurate data<\/strong>: Inaccurate data causes procurement issues and hinders strategic decision-making. A procurement system ensures data accuracy with centralized management, automated validation checks, and integration with other business systems.<\/li>\n<li><strong>Time-consuming approval process<\/strong>: Manual approval processes slow procurement, causing bottlenecks. Automating approvals in a procurement system speeds up processes, enhancing overall efficiency.<\/li>\n<li><strong>Conducting business without formal contracts<\/strong>: Operating without formal contracts exposes businesses to risks. A procurement system centralizes contract storage, tracks renewals, and ensures compliance, reducing legal and financial vulnerabilities.<\/li>\n<\/ul>\n<h2><b>HashMicro Procurement System as a Comprehensive Solution for Your Business<\/b><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-6407\" src=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business.webp\" alt=\"procurement system\" width=\"1470\" height=\"900\" srcset=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business.webp 1470w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business-300x184.webp 300w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business-1024x627.webp 1024w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business-768x470.webp 768w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business-686x420.webp 686w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business-150x92.webp 150w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business-696x426.webp 696w, https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/hashmicro-procurement-system-as-a-comprehensive-solution-for-your-business-1068x654.webp 1068w\" sizes=\"(max-width: 1470px) 100vw, 1470px\" \/><\/p>\n<p>HashMicro&#8217;s <a href=\"https:\/\/www.hashmicro.com\/ph\/procurement-system\">Procurement System<\/a> is the best procurement management solution for businesses in the Philippines. The system helps companies streamline purchasing processes, reduces errors, and provides real-time data, ensuring efficient and cost-effective procurement operations.<\/p>\n<p>Other than the features mentioned in the previous section, HashMicro\u2019s <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/ai-procurement-software\/\">AI procurement software<\/a> also provides several more advanced features, such as:<\/p>\n<ul>\n<li><strong>E-procurement<\/strong>: This feature allows businesses to conduct tenders and request quotations online, simplifying and speeding up the procurement process.<\/li>\n<li><strong>OCR for RFQ<\/strong>: OCR technology quickly scans and processes RFQ documents, reducing manual entry errors and saving time.<\/li>\n<li><strong>Automatic vendor rating<\/strong>: This feature automatically evaluates vendors based on punctuality, pricing, and completeness, helping businesses choose the best suppliers.<\/li>\n<li><strong>Periodic vendor rating review<\/strong>: Regular reviews of vendor ratings ensure continuous improvement and maintain high standards in supplier performance.<\/li>\n<li><strong>KPI target per purchaser<\/strong>: Setting KPI targets for each purchaser helps track performance and ensures procurement goals are met efficiently.<\/li>\n<li><strong>Cost savings tracking and reporting<\/strong>: This feature monitors and reports cost savings, enabling businesses to measure the financial benefits of their procurement activities.<\/li>\n<li><strong>Vendor promotion program management<\/strong>: Managing vendor promotions through the system helps strengthen supplier relationships and can lead to better deals.<\/li>\n<li><strong>Custom printout in RFQ<\/strong>: Customizable RFQ printouts allow for tailored requests based on different purchase types, improving clarity and specificity.<\/li>\n<li><strong>Budget tracking &amp; limit per purchase<\/strong>: This procurement application tracks budgets and sets purchase limits within the system, helping businesses control spending and avoid overspending.<\/li>\n<\/ul>\n<p>By utilizing HashMicro\u2019s advanced procurement tools, including <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/e-procurement-software-philippines\/\">e-procurement<\/a>, businesses can simplify tender processes and manage vendor relationships more effectively. Moreover, features like periodic vendor rating reviews, and KPI tracking ensure a smoother, more controlled procurement process.<\/p>\n<h2><b>Conclusion<\/b><\/h2>\n<p>Procurement Management Systems are designed to drive business efficiency by ensuring that every procurement process facilitates well-informed decisions. Furthermore, <a href=\"https:\/\/www.hashmicro.com\/ph\/blog\/best-procurement-management-software\/\">good procurement software <\/a>must include a comprehensive set of features, such as a purchasing system, supplier or vendor management, and financial reporting.<\/p>\n<p>In the Philippines, HashMicro stands out as one of the best Procurement Software providers. Not only does it offer fully customizable features tailored to your business needs, but it also enables your company to streamline procurement processes, gain actionable insights, and confidently drive growth.<\/p>\n<p>Explore how HashMicro\u2019s software solutions can transform your procurement management processes, and try a <a href=\"https:\/\/www.hashmicro.com\/ph\/free-product-tour\/?medium=web-form-header\">free demo<\/a> today!<\/p>\n<a href=\"https:\/\/www.hashmicro.com\/ph\/procurement-system?medium=moneysite-banner\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/03\/Procurement-Software.png\" data-desktop-src=\"https:\/\/www.hashmicro.com\/blog\/wp-content\/uploads\/2022\/03\/Procurement-Software.png\" data-mobile-src=\"\" alt=\"Procurement\" class=\"responsive-image-banner\" width=\"620\" height=\"255\"><\/a>\r\n\r\n<script>\r\n    \/\/ check which image to use based on screensize\r\n    document.addEventListener(\"DOMContentLoaded\", function() {\r\n        function updateImageSource() {\r\n            var images = document.querySelectorAll('.responsive-image-banner');\r\n            var screenWidth = window.innerWidth;\r\n\r\n            images.forEach(function(img) {\r\n                var mobileSrc = img.getAttribute('data-mobile-src');\r\n                var desktopSrc = img.getAttribute('data-desktop-src');\r\n\r\n                if (screenWidth < 576 && mobileSrc) {\r\n                    img.setAttribute('src', mobileSrc);\r\n                } else {\r\n                    img.setAttribute('src', desktopSrc);\r\n                }\r\n            });\r\n        }\r\n\r\n        \/\/ Initial check\r\n        updateImageSource();\r\n\r\n        \/\/ Update on resize\r\n        window.addEventListener('resize', updateImageSource);\r\n    });\r\n<\/script>\n<h2><strong>Frequently Asked Questions About Procurement System<\/strong><\/h2>\n<ul class=\"bottom_faq\">\n<li>\n<details>\n<summary><strong>What is the purpose of the procurement system?<\/strong><\/summary>\n<p>A procurement system streamlines the purchasing process, reduces errors, and manages supplier relationships. Additionally, this help control costs, improve efficiency, and ensure compliance with company policies.<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>What is an example of a procurement system?<\/strong><\/summary>\n<p>An example of a procurement system is HashMicro\u2019s Procurement Software, which automates supplier management, purchase orders, and vendor ratings, enhancing procurement efficiency.<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>What are the main functions of procurement management?<\/strong><\/summary>\n<p>Procurement management involves sourcing suppliers, negotiating contracts, managing purchase orders, and ensuring timely delivery of goods and services, all while optimizing costs.<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>What is the procurement management system?<\/strong><\/summary>\n<p>A procurement management system is a software solution that helps businesses manage the entire procurement process, from sourcing suppliers to purchasing goods and services. It automates tasks, tracks orders, ensures compliance, and improves efficiency in procurement activities.<\/p>\n<\/details>\n<\/li>\n<li>\n<details>\n<summary><strong>What is an example of a procurement system?<\/strong><\/summary>\n<p>An example of a procurement system is HashMicro, a cloud-based solution that helps businesses automate procurement tasks, manage supplier relationships, track purchases, and ensure compliance with company policies. It simplifies the entire procurement process from request to payment.<\/p>\n<\/details>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Procurement is a complex field, and very high-stake in business. Did you know businesses spend 50-70% of their income on procurement? Which means, if you still do everything manually, either on paper or using different spreadsheets, you&#8217;ll experience expensive mistakes at some point in your business. So, what&#8217;s the solution? You can try HashMicro\u2019s Procurement [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":6403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[156],"tags":[],"class_list":{"0":"post-5171","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-procurement"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Procurement System? Types, Benefits &amp; Solutions<\/title>\n<meta name=\"description\" content=\"Procurement management system oversees every step in acquiring products, materials, goods and services for effective business operations\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Procurement System? Types, Benefits &amp; Solutions\" \/>\n<meta property=\"og:description\" content=\"Procurement management system oversees every step in acquiring products, materials, goods and services for effective business operations\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/\" \/>\n<meta property=\"og:site_name\" content=\"HashMicro Philippine Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-22T03:00:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-13T04:41:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/procurement-system-hashmicro.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Afresti\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Afresti\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"17 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/\",\"url\":\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/\",\"name\":\"What is Procurement System? Types, Benefits & Solutions\",\"isPartOf\":{\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/procurement-system-hashmicro.webp\",\"datePublished\":\"2024-12-22T03:00:19+00:00\",\"dateModified\":\"2025-06-13T04:41:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/#\/schema\/person\/ad19475b8b2c723c4295ecf114d566f1\"},\"description\":\"Procurement management system oversees every step in acquiring products, materials, goods and services for effective business operations\",\"breadcrumb\":{\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#breadcrumb\"},\"inLanguage\":\"en-PH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-PH\",\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#primaryimage\",\"url\":\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/procurement-system-hashmicro.webp\",\"contentUrl\":\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/procurement-system-hashmicro.webp\",\"width\":1200,\"height\":675,\"caption\":\"procurement system\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.hashmicro.com\/ph\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is Procurement System? Types, Benefits &amp; Solutions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/#website\",\"url\":\"https:\/\/www.hashmicro.com\/ph\/blog\/\",\"name\":\"HashMicro Philippine Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.hashmicro.com\/ph\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-PH\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/#\/schema\/person\/ad19475b8b2c723c4295ecf114d566f1\",\"name\":\"Afresti\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-PH\",\"@id\":\"https:\/\/www.hashmicro.com\/ph\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2025\/02\/cropped-WhatsApp-Image-2024-07-31-at-14.16.47_e4fc5c69-scaled-1-96x96.jpg\",\"contentUrl\":\"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2025\/02\/cropped-WhatsApp-Image-2024-07-31-at-14.16.47_e4fc5c69-scaled-1-96x96.jpg\",\"caption\":\"Afresti\"},\"description\":\"A SEO content writer at HashMicro with a keen interest in savvy tech and a passion for exploring innovative digital strategies, dedicated to continuous learning and professional growth.\",\"url\":\"https:\/\/www.hashmicro.com\/ph\/blog\/author\/afresti\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is Procurement System? Types, Benefits & Solutions","description":"Procurement management system oversees every step in acquiring products, materials, goods and services for effective business operations","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/","og_locale":"en_US","og_type":"article","og_title":"What is Procurement System? Types, Benefits & Solutions","og_description":"Procurement management system oversees every step in acquiring products, materials, goods and services for effective business operations","og_url":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/","og_site_name":"HashMicro Philippine Blog","article_published_time":"2024-12-22T03:00:19+00:00","article_modified_time":"2025-06-13T04:41:52+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/procurement-system-hashmicro.webp","type":"image\/webp"}],"author":"Afresti","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Afresti","Est. reading time":"17 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/","url":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/","name":"What is Procurement System? Types, Benefits & Solutions","isPartOf":{"@id":"https:\/\/www.hashmicro.com\/ph\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#primaryimage"},"image":{"@id":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#primaryimage"},"thumbnailUrl":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/procurement-system-hashmicro.webp","datePublished":"2024-12-22T03:00:19+00:00","dateModified":"2025-06-13T04:41:52+00:00","author":{"@id":"https:\/\/www.hashmicro.com\/ph\/blog\/#\/schema\/person\/ad19475b8b2c723c4295ecf114d566f1"},"description":"Procurement management system oversees every step in acquiring products, materials, goods and services for effective business operations","breadcrumb":{"@id":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#breadcrumb"},"inLanguage":"en-PH","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/"]}]},{"@type":"ImageObject","inLanguage":"en-PH","@id":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#primaryimage","url":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/procurement-system-hashmicro.webp","contentUrl":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2024\/04\/procurement-system-hashmicro.webp","width":1200,"height":675,"caption":"procurement system"},{"@type":"BreadcrumbList","@id":"https:\/\/www.hashmicro.com\/ph\/blog\/procurement-system\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.hashmicro.com\/ph\/blog\/"},{"@type":"ListItem","position":2,"name":"What is Procurement System? Types, Benefits &amp; Solutions"}]},{"@type":"WebSite","@id":"https:\/\/www.hashmicro.com\/ph\/blog\/#website","url":"https:\/\/www.hashmicro.com\/ph\/blog\/","name":"HashMicro Philippine Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.hashmicro.com\/ph\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-PH"},{"@type":"Person","@id":"https:\/\/www.hashmicro.com\/ph\/blog\/#\/schema\/person\/ad19475b8b2c723c4295ecf114d566f1","name":"Afresti","image":{"@type":"ImageObject","inLanguage":"en-PH","@id":"https:\/\/www.hashmicro.com\/ph\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2025\/02\/cropped-WhatsApp-Image-2024-07-31-at-14.16.47_e4fc5c69-scaled-1-96x96.jpg","contentUrl":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-content\/uploads\/2025\/02\/cropped-WhatsApp-Image-2024-07-31-at-14.16.47_e4fc5c69-scaled-1-96x96.jpg","caption":"Afresti"},"description":"A SEO content writer at HashMicro with a keen interest in savvy tech and a passion for exploring innovative digital strategies, dedicated to continuous learning and professional growth.","url":"https:\/\/www.hashmicro.com\/ph\/blog\/author\/afresti\/"}]}},"order_j":"","_links":{"self":[{"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/posts\/5171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/comments?post=5171"}],"version-history":[{"count":42,"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/posts\/5171\/revisions"}],"predecessor-version":[{"id":27072,"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/posts\/5171\/revisions\/27072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/media\/6403"}],"wp:attachment":[{"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/media?parent=5171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/categories?post=5171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hashmicro.com\/ph\/blog\/wp-json\/wp\/v2\/tags?post=5171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}