Procurelist is a cloud-based solution that helps manage purchase orders and procurement processes for businesses of all sizes. It enables businesses to centralize and automate purchase orders through purchase requests, requests for quotations, approval workflows, and pre-filled invoices. It allows for multi-level approvals of purchase requests and orders while also facilitating inventory management by tracking stock levels, transfers, and reorder notifications. Additionally, Procurelist also assists in controlling spending through budget tracking and supports supplier onboarding. Key features include rate contracts, email notifications, role assignments, and master data management.