This purchase order procedure guide has been compiled to help teams plan their purchasing process. The information in this guide includes:
• A breakdown of the steps involved in planning a purchasing process that can be used as a PPT (power point) presentation if desired.
• Numerous flow charts that illustrate how organisations of different sizes can structure their purchasing process and approval workflows to optimise efficiency.
• Example purchasing policies, and how purchase orders can be used to improve spend visibility and supplier compliance within a business.
• How reporting and budget plans can be used to carry out forecasting to further enhance spend management and control within the process.
• Why purchase order systems are important to businesses, and why the selection of the right software is critical to planning your process.