Procurement & Approvals — Assessment

PO → request → quote → RFQ Request → RFQ → quotation → purchase order Quote → PO → request → receipt Invoice → PO → request

Faster shipping Accountability and authorization before spend Lower prices automatically A discount from vendors

Quote, contract, receipt Purchase order, goods received, vendor invoice Request, email, payment Invoice, payslip, PO

Stock issue Stock receipt Stock transfer Price change

So every PO traces back to an approved need and chosen quote To make buying slower To avoid talking to vendors It is only for reporting