What is REQ-TO-CHECK?

The operations of requesting (requisitioning), acquiring, receiving, paying for, and accounting for products and services are included in the business processes that are referred to as "Req-to-Check" procedures. It is also known as procure-to-pay. It is a component of a wider process known as procurement management and is comprised of four essential steps: selection of goods and services, enforcement of compliance and order, receipt and reconciliation of products, and invoicing and payment of goods.

Req-To-Check Procurement  

• Processing of Requisition by Bureau of Purchasing
• Status of Requisitions Awaiting Buyer Response
• Time to Convert Requisition to PO
• Status of Requests for Proposals
• Status of Bids
• DBE Compliance (Preliminary Data)

REQ-To-CHECK Cycle  

The req-to-check cycle refers to the repeated consecutive phases of the end-to-end purchasing process.  

The req-to-check process encompasses three major components of the procurement entire life cycle: requisitioning, buying, and payments.

The procure-to-pay cycle is not intended to speed up the supplier's online payments because quicker clearing bills impact the timing of the company's money flow and prohibits them from hanging on to their cash as long as feasible.

Difficulties in the REQ-To-CHECK Process   

• Time-consuming manual operations of a vast number of inputs
• Data governance and quality insufficient to assist decision-making
• Inability to see purchase obligations until invoicing
• Employees that make purchases without authority
• Purchases made from a variety of unfavorable sources
• Employee dissatisfaction and low productivity
• Internal communication barriers
• Costs that were incorrectly assigned

The Way Forward  

Advanced software platforms for the procure-to-pay or the req-to check process provides full functionality — from item search to invoice matching and payment authorization — with best-in-class user experience. These unified platforms are easy to use and deploy, and can be implemented rapidly across multiple lines of business, rapid, long-term results.