Glossary
Purchase order (PO)
A purchase order is the buyer's formal, binding instruction to a supplier to deliver specified goods at an agreed price and terms.
Where it appears in procurement
The PO is the commercial commitment. Its content should match the accepted quotation exactly and it is usually the document that enters the ERP for receiving and invoice matching.
Example
After accepting a quotation for 10,000 containers at EUR 0.31, the buyer issues PO-2041 with the same quantity, price, delivery date and delivery address.
In Complyra
Complyra creates the purchase order from the accepted quotation without re-keying and exports it to SAP Business One, Oracle NetSuite, Microsoft Dynamics 365 or a generic REST, CSV or XML format.