What is a Purchase Requisition?
While there is an overlap between a Purchase Order (PO) and a requisition, they are as different as chalk and cheese! A PO Requisition is
While there is an overlap between a Purchase Order (PO) and a requisition, they are as different as chalk and cheese! A PO Requisition is
A purchase order (PO) is an agreement in document form sent from a purchaser to a supplier to authorise a purchase. It has to be
The UK-based Institute of Directors (IoD) found that nearly three-quarters of UK businesses have received phony invoices. Fraudsters trick companies into sending payments to fake
Purchasing plays a crucial role in helping companies satisfy consumers needs faster. Consumers have become web-savvy, mobile-abled and a lot pickier than ever before. Companies
Simplicity has the power to transform a business in the most profound way. It gives companies a powerful competitive advantage by making user-friendly products. Interestingly,
Avoiding budget overruns on a project is a key priority of top management. If a project goes wildly over the budget, as they often do,
The purchasing function is more than just the act of purchasing goods. When performed well, nonprofits could save money and time. Good news is that
Customer loyalty is plausibly the most critical element in business today. Do you want your business to experience repeat business? What about an increase in
It’s important that nonprofits not only spend responsibly but at least save 10% of donated funds. Without saved funds, raising more funds becomes an uphill