IFS Procurement helps organizations manage the complete end-to-end procurement processf rom sourcing to payment in a single solution.

Whether you’re manufacturing products, delivering services, maintaining assets or delivering complex projects – IFS Procurement is built into your business processes. It helps you buy products and services, spare parts for machines on the shop floor, assets out
in the field, and material for your project. It also includes advanced capabilities that allow you to do things like replenish van stock ad-hoc, rent equipment from external suppliers, sub-contract complex
packages of work, and much more.

Get access the tools you require to understand your company’s material and service needs, identify the most suitable suppliers, create contracts and agreements, execute efficiently against those
contracts, manage change with full transparency and traceability minimizing out of contract spend. With built in supplier relationship management you can nurture your supplier relationships to maximize value, reduce cost and improve profitability.

As a fully embedded part of IFS Cloud, IFS Procurement lets you create more insightful and profitable relationships with key business partners without the cost and complexity of maintaining
integrations with third party procurement solutions.