Four red flags that finance and procurement managers must watch out for.Continue Reading
We’ve heard it all before.
Receiving items status have been updated
We have made the delivery status features simpler to our users by updating the “Fulfillment Status” and “Fulfillment Date“. These two updates would enable users to see if the PO has been delivered and what date.
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This could be one of the reasons why you can’t match invoices to construction sites:
- 1. Because your company still uses paper-based systems.
- 2. Or, because your company uses a complex software that is too intimidating to your employees. And, who would blame them for being reluctant to use it?
Your purchase order (PO) process is absolutely necessary to your business operations. Why? Because electronic purchasing is quick, efficient and it can be monitored. Not having an efficient purchase order system can have delaying effects on the whole process. It’s like having a debt that is not repaid; it accumulates interest and the entire organization can be brought to a stand-still under the debt load that it has incurred.
Purchase Orders are the sticky stuff that keeps your company together. They make sure you can track your orders and receive payments efficiently. When you use a purchase order you will find that each element included on it plays an important role and is geared toward a specific goal. It can be said that every single aspect of the purchase order makes your business flow together like a well-oiled machine or, better still, like a bride that fits into her wedding dress in time for the wedding.