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Purchasing materials at a fair price from a reliable vendor is critical to running your business profitably. More and more companies are realizing the importance of managing their suppliers and supply chain and M3 contains everything you need to properly manage your purchases and the receipt of ordered goods. M3 Purchasing includes a complete purchase order history and it allows you to make receipts and debits to individual orders. Since all M3 applications are internally integrated, you can automatically accrue items in the Accounts Payable application. This eliminates double entry and possible errors.
M3 even provides the ability to generate purchase recommendations and to rank your suppliers in terms of their historical performance. Vendor performance ratings are critical if you intend to take advantage of new purchasing and inventory techniques. M3 Purchasing also provides you the flexibility to define your purchase and supply chain requirements and to change them as your business changes.
"Purchasing/ Receiving/ Returns to Vendor" is part of the Millennium III (M3) line of products, developed by Rover Data Systems.