Requisition to Purchase Order (Req-to-PO)

The Requisition to Purchase Order (Req-to-PO) process initiates with the creation of a purchase requisition (PR), followed by the approval of the PR. Subsequently, a Purchase Order (PO) is generated, and the finalized PO is submitted to the designated supplier. This streamlined workflow ensures a systematic transition from the internal request phase to the issuance of a legally binding Purchase Order, facilitating the procurement of goods or services. By implementing an efficient Req-to-PO process, organizations can enhance control, transparency, and traceability in their procurement operations, ultimately contributing to optimized supply chain management.

Learn more about Ivalua's Procure-to-Pay solutions.