The requesting employee or department should complete a purchase requisition form stating the quantity and items to be purchased. For example, the accounting department needs to replenish its stock of continuous form papers. It must create a purchase requisition form and forward it to the purchasing department. By issuing a purchase order, businesses can effectively […]

In a business that uses automated systems – such as inventory management, procurement, or accounting software – it’s possible to raise a PO with minimal manual input. The digital transformation has significantly impacted business processes, and procurement is no exception. One of the critical changes is moving from traditional paper-based purchase orders to electronic purchase […]