Careful purchasing records help you anticipate and plan for the future. They provide key insight into company performance, which gives you the tools you need to examine product trends, market cycles, and company spending.​ Many businesses invest significant resources into inventory stock yet fail to monitor purchasing. Purchasing activity comprises of more than simply buying stock, With an automated system keeping all your purchasing information in one easy-to-search place, itβs simple to track where the money is going. .