Track and control spending by automating the entire corporate buying cycle, from requisition to bill.

Point Purchasing enables biotech & life science companies to track and control spending, increasing procurement efficiency by automating the entire corporate buying cycle, from requisition to receipt, resulting in both cost and time savings.

Point Purchasing Features

Increase efficiency & accuracy — maintain control

Point Purchasing screenshot of End-User dashboard

Users

Give your users agency by allowing each to submit requisitions and run reports.

Approval routing is multi-level and flexible. Corporate spending policies are automatically and consistently enforced.

Build your own database of vendor pricing and allow users to order from these approved catalogs.

Point Purchasing screenshot of vendor bill voucher

Finance

Items are assigned accounting code segments used for reports & integration.

Vendors can email (OCR) or B2B-send their invoices. A/P can review item accounting segment codes.

Restrict users to specific departments and assign projects and line item types/accounts to departments.

Intelligibly handle vendor returns & credit memos.

Asset tracking for equipment purchases.

Point Purchasing Receiving App screenshot

Receiving

Handle goods receipts and vendor returns while keeping your users informed of item status.

Use the handheld app or desktop computer to attach packing slips.

Enforce three way match on order, receipt, & bill quantities.

Integrations

Point Purchasing takes advantange of the following third-party APIs for out-of-the-box integration. We can also create custom integration for your company.

Authentication

Enable SAML single-sign-on for easy authentication and user administration. Satisfy corporate security policies in a centralized identity provider. Configure any IdP that supports the OpenID SAML protocol.

ERP/Accounting Systems

Sync accounting code segments, vendors, and other supporting data from your accounting system. Point Purchasing can send financial transactions, like vendor bills and purchase orders, in real-time to your accounting system.

Inventory, Legal, or Reporting

Keep chemicals or other inventory in-stock and accurately registered & located. Automate direct & indirect purchase routines.

For purchases that require legal agreements, Point Purchasing can impart business approval on the contract, add a PO number, and link the document.

Diagram of B2B vendors with Point Purchasing

Business-to-Business with your Vendors

In addition to PunchOut, offers all full suite of B2B transactions via cXML: Purchase Orders, Order Confirmations, Advanced Ship Notices, and Vendor Bills.

Through Point Purchasing, suppliers can securely receive, process, and transmit B2B documents minimizing the expense and manual effort required to manage orders.

Point Purchasing enables suppliers to automate and streamline the order fulfillment process to help ensure that products and services meet customers' requirements, including quantity, time of delivery, and shipping method. Suppliers can send real-time status updates and shipping information to buyers, thus preventing possible returns/disputes in the future.

After a PO has been fulfilled, vendors can transmit an electronic invoice to Point Purchasing. Let Point Purchasing automate the reconcilliation process with a three-way match between PO, packing-slip, and invoice. Point Purchasing can be configured to allow varying levels of strictness regarding price overages.

Photograph of Flood Building in downtown San Francisco

About Us

Since 1999 we at Point Systems have been providing procurement solutions to diverse companies in biotech & life science and other industries. We have a proven track record of reliability and value.

We are proud that most of the new business we receive is a direct result of word of mouth recommendations from our satisfied clients.

"By integrating our chemical inventory, user directory, and accounting systems, Point Purchasing has saved us several hours a day in administrative overhead. Additionally, our accuracy and accountability increased greatly after implementing Point Purchasing."

Cheri Curry Director, Strategic Sourcing & Logistical Operations Takeda California, Inc.

"Point Purchasing is equivalent in features to systems that cost ten times as much and is very easy to integrate. I would strongly recommend Point Purchasing to a company of any size looking for a purchasing, requisitioning, and receiving system."

Michael Jessing, C.P.M. Purchasing Agent Cytokinetics, Inc.