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What is a Purchase Requisition? Definition and Process

ivalua

A critical but often overlooked step in managing spend, enforcing policy, and gaining visibility across the procurement process, creating a purchase requisition is the first step in the process. Manual requisition workflows can lead to delays, unapproved spend, and poor visibility. When does a purchase actually begin?

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ERP Procurement: Unify Procurement Workflows Across Multiple ERPs

ivalua

Disconnected supplier records, inconsistent processes, and limited visibility can impair efficiency and open the door to shadow spend. By automating and connecting key procurement steps, ERP systems reduce manual effort, improve compliance, and ensure real-time visibility into spend. The issue extends into spend visibility as well.

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Supply Chain Issues: Causes, Impacts & Mitigation Strategies

Finale Inventory

These disruptions translate directly to business pain: rising procurement costs, delayed order fulfillment, and lost Amazon Buy Box positioning when inventory becomes unreliable. Meanwhile, tier-2 supplier failures create cascading disruptions that are often detected too late, highlighting the need for multi-tier visibility.

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Shipping Barcode Scanner: Your Guide to Efficient Shipping

Finale Inventory

As a crucial component of a comprehensive barcode inventory system , scanning technology enables businesses to maintain real-time visibility of their inventory movements. This instantaneous update ensures that inventory counts remain accurate and shipment tracking stays current, providing visibility throughout the fulfillment process.