Email:
info@telic.digital
Phone:
0303 666 5438
Email:
info@telic.digital
Phone:
0303 666 5438
The Purchase Order Approval process involves key stakeholders within a company reviewing and either authorising or rejecting business purchases before they are submitted to a vendor.
The company’s purchase order policy outlines who is responsible for approving a purchase. This typically depends on factors such as the type of items being bought, the department involved, and the total cost of the purchase. In many organisations, purchase orders (POs) must undergo an internal approval process before being sent to the vendor. This typically involves multiple reviewers examining the PO and providing their authorisation.
Businesses designate employees across different departments to review and approve purchase orders. Depending on their role, these approvers may focus on budget and necessity or ensure the accuracy of the purchase order details. Budget approvers are typically department managers or project managers responsible for creating and overseeing budgets. Their role is to confirm that funds are available for the purchase order and that the purchase is necessary for the team.
The procurement team is also authorised to ensure the vendor offers competitive pricing and quality compared to other options. They also review the budget to confirm sufficient funds are available and carefully assess the payment terms and pricing details.
Why waste time and resources on clunky purchase order processes? Automating approvals helps you simplify workflows, reduce costs, and maximise the value of your procurement, enabling your business to run more smoothly and efficiently.
Make purchase order management easier with a with a single system that minimises mistakes,
speeds up approvals, and gives you clear insight into spending.
Automate PO generation to simplify purchasing and cut down on manual tasks by instantly creating purchase orders from approved requests.
Ensure smooth data transfer by linking Procurify purchase orders to your financial system via API, CSV, flat file, or direct integration.
Automatically link purchase orders to account codes for improved tracking, budget oversight, and streamlined invoice processing.
Simplify PO creation with automated pre-filling, easy modifications, and seamless vendor submissions.
Handle purchasing and procurement on the go with the fully equipped Procurify mobile app.
Instantly send purchase orders to vendors through automated emails.
Instantly creates PO and PO number as soon as the purchase is approved.
Multiple transactions can be made under a single PO, even when future purchase details are uncertain.
Enable teams to choose recommended products from preferred suppliers while creating purchase requests.
Monitor and control recurring costs like software subscriptions and service fees.
Why waste time and resources on clunky purchase order processes? Automating approvals helps you simplify workflows, cut costs, and get the most value out of your procurement so your business runs smoother and smarter.
