Stave Procurement provides your organization with a ready-to-use, full lifecycle procurement application to increase your pace of innovation and enable digital procurement transformation in the workplace—reducing time to onboard vendors, decreasing manual labor tasks, and providing real-time visibility into procurement activities.

Stave Procurement combines the core capabilities of ServiceNow with the user friendly Service Portal interface for a modern and simple user experience. 

**Purchase Requests**

- Multiple channels for submitting requisitions including items from your ServiceNow catalogs, general requests that need to be sourced, and PunchOut catalogs when the Stave PunchOut plugin is enabled

**Purchase Orders**

- Create purchase orders for specific requisitions or from scratch
- Manage purchase order approvals with a simple approval routing table
- Track the status of purchase orders through workflows
- Mark purchase orders as received to ensure traceability from requisitions through to vendor invoicing

**Vendor Invoices**

- Create vendor invoices from a purchase orders and associate a digital document using our Documents widget
- Automated three-way matching analyzes the vendor invoice, purchase orders, and receiving slips to verify costs and quantities within a threshold

**Strategic Sourcing**

- Create stragetic sourcing projects to track key dates, events, bid listings, vendor responses, and evaluations

**Contract Management**

- Manage your contracts in ServiceNow through our intuitive Service Portal interface
- View associated vendors, purchase orders, vendor invoices, and assets

**Vendor Management**

- Create new vendors and track associated items such as contracts, locations, contacts, and certificates

**Vendor Portal**

- The vendor portal provides access for your vendors to view bid listings and submit responses, view purchase orders, and update their vendor profile information

**Dashboards**

- Track your organizations spend over various timeframes to identify areas of interest such as catagories and vendors
- User specific dashboards for key day-to-day metrics

**General User Experience**

- All functionality is Service Portal based with unique widgets that enhance access to information and focus on ensuring users are guided while interacting with the application
- Item links, preview modals, list personalization, notifications, actions list, and more