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What is Purchase Requisition?

Purchase requisition is a document within an organization to enable the creation of a request to purchase goods or services. Employees simply need to fill out the purchase requisition to start the process of purchasing, which starts with approval. The procurement team within the enterprise then tries to secure the right deal — for each category and with each supplier. However, the use of a purchase order management system  can efficiently and effectively manage the purchasing part of the process and drastically reduce the workload.

Advanced procurement software systems  are robust and flexible, and can create requisitions and orders, and then process them through to paid invoices. Intuitive, easy-to-use purchasing systems can immensely ease the process of buying goods and services employees require, without complex protocols or processes.

GEP SMART™  has intuitive catalogs, search capabilities, shopping carts, with familiar look and feel of consumer shopping experience — with real-time tracking of purchase orders.

World's Leading, Unified Source-to-Pay Platform for Direct and Indirect Spend Management

GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.

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Next-Gen, End-to-End Supply Chain Management Platform for the Connected Enterprise 

GEP NEXXE is a unified and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artificial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.

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