FLOURISH SOFTWARE
Take Control of Purchasing & Receiving
Stop losing margins to inventory discrepancies and manual accounting. Flourish connects your purchasing, receiving, and financial workflows into a single, bulletproof platform, from purchase order creation to automated QuickBooks sync.
FLOURISH SOFTWARE
The Advantages of Our Purchasing & Receiving For You
Non-Cannabis Inventory Management
Facilitates management of non-cannabis inventory, supporting functions like quick receipt and detailed tracking
Effective Vendor Management
Streamlines the handling of vendors and is crucial for creating and managing inbound purchase orders necessary for receiving goods.
Track and Trace Integrations
Integrated with METRC and BioTrack, streamlining compliance and inventory management by automating data synchronization and reducing manual workload.
Chain of Custody (COC) Compliance
Begins COC management at inventory reception, essential for compliance and tracking; allows uploading of related documents to inbound purchase orders.
Simplify purchasing
Purchase Order Management
- Extensive Management Capabilities: Edit, customize, and report on Purchase Orders within Flourish to fully manage procurement.
- Integration Ready: Flourish provides full API coverage over POs and can support integrating to a procurement platform of choice, if one is in place.
Integrated Financial Management
- Standard versus Actual Costing: Set a standard cost on the item and easily report on the variance between what you buy.
- Sync with QuickBooks Online (QBO): Easily sync Purchase Orders as bills to QuickBooks Online
Set Par Levels to Reorder
- Inventory Reorder Reports: Use Flourish's re-order reports to set par levels and maintain minimum stock on hand for supplies, raw materials, and sellable products.
- Clone POs: Easily clone and modify an existing purchase order to reorder inventory, saving valuable time and clicks.
Dynamic Vendor and Item Creation
- Item Setup at PO Creation: If permissions allow, easily set up items from the inbound screen to reduce navigation clicks and be more efficient. Includes vendor part numbers as a cross reference, designated default vendor, and backup vendors.
- Vendor Management: Import and update vendors via spreadsheet. Maintain critical data such as points of contact, license numbers, etc.
Top-Tier METRC Integration
- Sync METRC Transfers: Sync all transfers into Flourish to easily search and report on what came into the Facility.
- METRC & PO Alignment: Match transfers with Purchase Orders or auto-create a PO from a transfer if the PO isn't already set up.
Simplify Receiving
Automate the Receiving Workflow
- Streamlined Intake: Automatically map external vendor item names to internal catalog standards upon receipt to speed up stocking.
- Metrc & BioTrack Package Tag Scanning: Scan inbound state package tags directly into inventory to record receipts instantly.
- Optimized Workflows: Use default receiving locations, mobile barcode scanning, and auto-locked inventory options to minimize manual clicks.
Ensure Inventory Accuracy
- Scale & Hardware Integrations: Connect receiving scales directly to Flourish to capture exact incoming bulk weights automatically.
- Discrepancy & Rejection Logging: Instantly flag, document, and record overages, shortages, or damaged inventory before final acceptance.
- Manifest Verification: Automatically cross-reference physical package counts against incoming state manifests.
Reduce Data Entry
- Automated Batch & Lot Creation: Auto-generate internal lot and batch tags during intake without re-entering vendor item details.
- Default Staging & Storage: Pre-assign receiving bays and storage areas so inventory is routed correctly upon arrival.
- Digital Receiving Logs: Eliminate paper receiving logs with centralized, searchable digital intake records.
Audit and Document on Intake
- COA & Lab Result Attachments: Attach Certificates of Analysis and lab results directly to incoming batch records.
- Document Management: Upload bill-of-lading (BOL) PDFs, driver manifests, and delivery photos directly to inbound purchase orders.
- Chain of Custody (COC) Tracking: Start regulatory compliance and custody tracking upon the second goods arriving at the facility dock.
Seamless Financial Integration
- Real-Time COGS Valuation: Instantly update unit landed costs and Cost of Goods Sold (COGS) as inventory is accepted.
- QuickBooks Online Sync: Automatically transfer accepted vendor bills, inventory receipts, and cost updates to QuickBooks.
- 3-Way & 4-Way Match Readiness: Align receiving quantities directly with purchase orders and vendor invoices to simplify accounts payable reconciliation.
FLOURISH SOFTWARE
The 4-Way Match
Flourish enables operators to support a best-in-class 4-way match process for cannabis operators to align purchasing, receiving, and finance teams, which reduces the risk of fraud and mistakes.
Matching Process
2-Way
Verifies amount owed and payment terms
Confirms purchase was authorized
Proves purchase was delivered
Confirms how much of the delivery was accepted
Matching Process
3-Way
Verifies amount owed and payment terms
Confirms purchase was authorized
Proves purchase was delivered
Confirms how much of the delivery was accepted
Matching Process
4-Way
Verifies amount owed and payment terms
Confirms purchase was authorized
Proves purchase was delivered
Confirms how much of the delivery was accepted
"Switching from Metrc to Flourish Software has transformed my cannabis business, especially the Inbound module. Its intuitive interface and efficient search capabilities contrast sharply with Metrc, allowing me to focus on growing my business without administrative hassles. Flourish isn't just a tool, it's a crucial part of our daily operations."
Key Partner Integrations for Purchasing & Receiving
Balance Your Books with QBO
Flourish provides a seamless integration with QBO that empowers businesses with full financial oversight and efficient operation management. This integration, which can be easily set up by administrators, synchronizes transactional data and its associated master elements between QBO and Flourish.
Who Benefits from our Purchasing & Receiving?
With Flourish, cultivators can track the reception of seeds, clones, and other cultivation inputs efficiently. This management capability helps you monitor the plant lifecycle accurately from the beginning.
With Flourish, manufacturers can log and manage raw materials as they enter your production environment, facilitating smoother transitions into manufacturing processes.
Flourish's Inbound Module assists distributors with efficiently and accurately receiving finished goods inventory, which is crucial for maintaining an effective supply chain and sales operations.
With Flourish, compliance managers can ensure regulatory compliance more effectively, as the Inbound Module automatically updates cannabis inventory control jobs, for records to align with state regulations upon receipt.
Explore the Benefits of Flourish Software for Compliance Managers
For financial officers utilizing Flourish, linking costs to incoming inventory batches simplifies financial tracking and cost management, improving the precision of financial reporting and analysis.
Explore the Benefits of Flourish Software for Financial Officers
