Purchasing & procurement

The Purchasing tab tracks every external spend on a project — POs, vendors, and committed costs.

What it captures

For each procurement line:

  • Description — what you're buying
  • Vendor — who's supplying
  • PO number — your purchase order reference
  • Quantity + unit cost
  • Total committed (qty × unit cost)
  • Total invoiced (what's been billed so far)
  • Status — Draft / Approved / Received / Invoiced / Closed
  • Period — when the spend lands (month/quarter)

How it integrates

Purchasing lines feed:

  • The project's financials as committed cost (separate from actuals)
  • The portfolio-level spend rollup
  • EVM calculations (committed cost ≠ actual cost)

Status lifecycle

  1. Draft — being scoped
  2. Approved — internal sign-off, ready to send to vendor
  3. Received — goods/services delivered
  4. Invoiced — vendor has billed you
  5. Closed — paid and reconciled

Vendor management

A vendor list is shared across projects — so once you've onboarded "AWS" or "Acme Consulting", every project can reference them.

Vendor details captured: name, contact, payment terms, contract reference.

Tips

  • Capture POs as you raise them, not after. A PO logged after invoice is just accounting, not purchasing control.
  • Match invoices to lines. Many invoices cover one PO; some cover several. Sageon supports both via partial invoicing.
  • Don't use Purchasing for internal cost. Use the Financials tab for internal labour/overhead — Purchasing is for external spend only.