Purchase Order Process Steps

Purchase orders (POs) play an important role in controlling business purchases. In this post, we’ll define what a purchase order is, describe what information it includes, highlight key benefits to using POs, and explain the key steps in the purchase order process. What is a purchase order? A purchase order is the official confirmation of… Continue reading>

Difference Between a Purchase Requisition & Purchase Order

Our goal with this post is to explain the basics about purchase requisitions vs. purchase orders, and share some tips on optimizing the purchase requisition process for those who specialize in finance or procurement. Before we dig into the details, it’s important to define the important role that procurement and purchasing functions play within businesses… Continue reading>

What is Software as a Service (SaaS)?

The purpose of this post is to answer a question we get all the time – what is SaaS? We’ll define the meaning of SaaS and describe how it differs from on-premise solutions (also known as on-site), explain the key benefits, share some examples of leading SaaS companies for illustration, and explore some recent trends.… Continue reading>

Interesting Question From A Potential Customer…

“It would also help if you explained in details how the system works out approvals, e.g: individual limit, dep limit, PO rules limit, number of approvers…” It’s worthwhile understanding that the system has been developed by looking at the real life purchasing scenarios that happen in most organisations. From our own experience over the past… Continue reading>