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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Automated Purchasing Systems Essay

Automated Purchasing Systems Essay

Q What is an automated purchasing system? Describe the tasks that an automated purchasing system can perform. How can an auditor use automation, business intelligence or data analytics to help audit an automated system such as a purchasing system? Describe a scenario where you’d use employ this. Explain.

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An automated system of purchasing can be regarded as a system in which pricing may be displayed by a service of Web or other interface and technology from several pre-approved vendors for purchasers’ ease. This type of technology is used generally in ERP (enterprise resource planning) in a variety of industries for large purchasers. In simple terms, it can be regarded as the networked system of software connecting to the merchants that the organization preapproved at a decided price for their items.