Purchase Orders vs Purchase Requisitions – How Are They Different?

Purchase requisitions and purchase orders (“POs”) are both key documents in an efficient procurement process for any business. They allow teams to plan purchases adequately, plan budgets, and provide proof of spending in case of financial audits. Yet many business owners are unfamiliar with each document and their specific roles within the purchasing process. As … Continue reading Purchase Orders vs Purchase Requisitions – How Are They Different?