How to automate purchase orders

By implementing a purchase order tracking software or an end-to-end procurement software, purchase orders can be automated. Purchase order systems centralize the requisitioning process with dedicated purchase requisition modules. Purchase orders can be created from approved purchase requisitions or new ones from scratch.

When created from approved purchase requisitions, the supplier details, pricing, terms, and existing contract information are pre-populated. These purchase orders are then electronically shared with the suppliers through the supplier portals within the platform, making it easy to track their status in real-time.

Even purchase order tracking software for small businesses includes reporting tools to monitor PO progress and performance. As these tools automate compliance and tracking, they reduce manual intervention and improve the process efficiency multifold.