Purchase requisitions and purchase orders – more commonly referred to as POs – are both key documents in an efficient procurement process for any business. They enable teams to plan purchases adequately, plan budgets, and provide proof of spending in case of financial audits.Continue reading “Purchase Orders vs Purchase Requisitions – how they are different”
People often confuse purchase orders (also known as POs) and invoices or use them interchangeably. In fact, they are two different documents that each serve their own purpose. Both are key elements of the procurement process for any business.
But what’s the difference between the two – and when would you use a PO vs an invoice?Continue reading “Purchase Orders vs Invoices – What You Need to Know”
A purchase order is one of the necessary types of paperwork that many business owners dread. The purchase order process is often long and complex and requires large amounts of back and forth communication. Too often, information gets lost in this type of unorganized communication – and even when it doesn’t get lost, it’s difficult to keep track of everything in an organized fashion.Continue reading “The Definitive Guide to Purchase Order Process Automation”
Purchase Orders (PO) and Purchase Requisitions are extremely common documents used by practically every business. They help business control costs, ensure that business rules are followed and that the business gets the best possible deal. It’s also easier to track down problems e.g. if the wrong items are delivered the signed copy of the purchase order proves what was actually ordered.