redw llc | cpas and financial advisors - maintain control of … · 2018-02-14 · requisition...

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Requisition Module Maintain control of sending and tracking purchases throughout the entire process! Real-time budget control allows users and approvers to view the latest financial data in Abila MIP Fund Accounting™ ledger When approving documents, an alert can be triggered once users attempt to exceed their budget limit or the system can block users from submitting a document that exceeds their budget Receive immediate answers to questions and maintain complete purchasing audit control with detailed tracking information Users can easily enter and submit their own request by creating a new requisition document or by copying an existing requisition, to increase accuracy and efficiency for frequently ordered items Enable automatic email notifications to alert approvers when a requisition needs to be reviewed and to alert users when a requisition has been approved or requires any modification Utilizes approval substitution to avoid delays that may occur when the initial approver is on vacation or out of the office Managers can approve, reject, void requisitions via a PC, tablet or a smart phone Seamless integration with Abila MIP Fund Accounting™ Analyzes purchase activities by departments, users, vendors or items The Microix Requisition Module enables accountants and non-accounting staff to create purchase requests from their desktop computer. Administrators can enforce specific requirements to reduce errors and ensure that information is accurately provided to properly process a request. Once the request is submitted and approved through a multi-level approval process, it is automatically converted to a purchase order and seamlessly transferred to Abila MIP Fund Accounting™ as an unposted encumbrance or accounts payable transaction. www.microix.net | 1-866-MICROIX Key Features: Approve requisition via PC, tablet, or smart phone. QUESTIONS? Please contact Jane Cavanaugh at 505.998.3242 or [email protected].

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Page 1: REDW LLC | CPAs and Financial Advisors - Maintain control of … · 2018-02-14 · Requisition Module Maintain control of sending and tracking purchases throughout the entire process!

Requisition ModuleMaintain control of sending and tracking purchases throughout

the entire process!

• Real-time budget control allows users and approvers

to view the latest financial data in Abila MIP Fund

Accounting™ ledger

• When approving documents, an alert can be triggered

once users attempt to exceed their budget limit or

the system can block users from submitting a

document that exceeds their budget

• Receive immediate answers to questions and maintain

complete purchasing audit control with detailed

tracking information

• Users can easily enter and submit their own request

by creating a new requisition document or by copying

an existing requisition, to increase accuracy and

efficiency for frequently ordered items

• Enable automatic email notifications to alert approvers

when a requisition needs to be reviewed and to alert

users when a requisition has been approved or

requires any modification

• Utilizes approval substitution to avoid delays that may

occur when the initial approver is on vacation or out

of the office

• Managers can approve, reject, void requisitions via a

PC, tablet or a smart phone

• Seamless integration with Abila MIP Fund Accounting™

• Analyzes purchase activities by departments, users,

vendors or items

The Microix Requisition Module enables accountants and non-accounting staff to create purchase requests from their desktop computer. Administrators can enforce specific requirements to reduce errors and ensure that information is accurately provided to properly process a request. Once the request is submitted and approved through a multi-level approval process, it is automatically converted to a purchase order and seamlessly transferred to Abila MIP Fund Accounting™ as an unposted encumbrance or accounts payable transaction.

www.microix.net | 1-866-MICROIX

Key Features:

Approve requisition via PC,

tablet, or smart phone.

QUESTIONS? Please contact Jane Cavanaugh at 505.998.3242 or [email protected].

Page 2: REDW LLC | CPAs and Financial Advisors - Maintain control of … · 2018-02-14 · Requisition Module Maintain control of sending and tracking purchases throughout the entire process!

Inventory ModuleManage all of your inventory

efficiently and effectively

• Real-time item availability for ordering

• One-touch reporting for demand, stock levels, and

valuation

• Lot, Serial, Expiration Date and Bin tracking

• Print physical count sheets at anytime

• Print barcode for inventory items

• Manage inventory adjustments for shortage, stolen

and damaged items

• Generate purchase order for items that are running

low and submit it through an approval process

• Seamless integration with Abila MIP Fund Accounting™

• Track movement of inventory to identify fast or slow

moving products. You can even see seasonal demand

patterns

• Multi-warehouse storage management

• Inventory shopping list that enables employees to

quickly request items from inventory

• Track movement of inventory to identify fast or

slow moving products. You can even

view seasonal demand patterns

• Monitor inventory levels to increase

visibility and control of inventory

and stock levels

The Microix Inventory Module is a feature-rich tool that allows you to efficiently and effectively manage your inventory. It works in conjunction with Microix's Requisition/Purchase Order Module to leverage off of a proven workflow approval process and fully integrate with Abila MIP Fund Accounting™.

www.microix.net | 1-866-MICROIX

Key Features:

*subject to change

QUESTIONS? Please contact Jane Cavanaugh at 505.998.3242 or [email protected].