What is the Purchase History feature?

The Purchase History feature in Pezasys is a record-keeping tool that logs every purchase transaction for raw materials. Each time a business buys a raw material, Pezasys stores:

  • The rate (price) paid for the material
  • The vendor it was purchased from
  • The date of purchase
  • The quantity bought

This information is saved automatically and kept as a permanent, easily accessible history within the Pezasys system.

Why does this feature matter?

Businesses that buy raw materials regularly often struggle to remember or track how prices change over time, or which vendor offered the best deal. Without a proper record, this information gets lost in scattered invoices, emails, or paper files.

Pezasys solves this problem by keeping all purchase history in one place. This helps management in several ways:

Understanding inflation: By comparing purchase rates for the same material across different dates, management can clearly see how prices have risen or fallen over time. This makes it easier to plan budgets and predict future costs.

Comparing vendors: Because every purchase is linked to a specific vendor, businesses can see which vendors consistently offer better rates, and which ones tend to charge more.

Better negotiation: Having a clear rate history gives management solid data to use when negotiating prices with vendors.

Smarter purchasing decisions: Instead of guessing or relying on memory, purchasing teams can look at real historical data before placing new orders.

Spotting unusual price changes: Sudden or unexpected price jumps for a raw material are easier to notice when there is a clear historical record to compare against.

How does it work?

A purchase of raw material is recorded in Pezasys, including the vendor name and the rate paid.
Pezasys automatically saves this information in the system’s purchase history.
Over time, this builds up into a complete, chronological record for each raw material and vendor.
Management can view this history at any point to compare rates, vendors, and trends.

Who benefits from this feature?

Business owners and management, who need a clear picture of raw material costs over time.
Purchasing and procurement teams, who need accurate data to choose the right vendor and negotiate fair prices.
Finance teams, who need reliable cost data for budgeting and reporting.

Frequently Asked Questions

Does Pezasys store purchase history automatically?
Yes. Once a purchase is recorded in Pezasys, the rate and vendor details are saved automatically without any extra manual work.

Can I see the price history of a single raw material?
Yes. Pezasys allows users to view the complete rate history of any specific raw material, including all the vendors it has been bought from and the rates paid over time.

Does this feature help with tracking inflation?
Yes. Because rates are recorded with dates, management can compare prices across different time periods to understand how inflation has affected raw material costs.

Can this feature help compare vendors?
Yes. Since every purchase record includes the vendor name, businesses can easily compare which vendors offer better rates and more consistent pricing.

Is this feature part of standard Pezasys inventory or purchase management?
Yes. Purchase History is a built-in part of Pezasys’s raw material purchase tracking, working alongside its wider inventory and procurement management tools.