Just as it is important to define goals, you also have to know the cycle of expenses, especially those materials that are constantly acquired as raw materials. The systems allow scheduling alerts for materials that are about to be finished, as well as automating notifications of products that are about to expire, placing orders from the ERP, creating predetermined contracts (and only changing fields corresponding to amounts, dates, etc.), scheduling alerts of expiration or automatic renewal of contracts or orders.
Therefore, by implementing a management system such as SAP Business One, companies can reduce operating expenses up to 70%, better manage their finances and determine an approximate expense each month for provisioning.