Purchase order: Difference between revisions
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*[[Invoice]] | *[[Invoice]] | ||
*[[Liquidity]] | *[[Liquidity]] | ||
*[[Order]] | |||
*[[Platform]] | *[[Platform]] | ||
*[[Terms]] | *[[Terms]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 14:00, 4 October 2023
(PO).
A purchase order is a formal document generated by a buyer and issued to a seller, identifying goods, services or both that the buyer is ordering from the seller.
- Benefits of BSM platforms
- "A Business Spend Management (BSM) platform can provide an organisation with a single source of truth into its current financial situation by tracking all supplier payment terms, invoices pending approval, invoice payment methods available per supplier, approved invoices, in-flight payments, and current cash positions.
- For instance, by combining treasury data with approved PO and invoice data, treasurers and cash managers can obtain greater visibility into their company’s spend, which is fundamental to improving how they manage liquidity."
- The Treasurer, 8 September 2023.
