Purchase order

Once a buyer and a seller have finalized their negotiations through the RFP phase and/or proposal phase, and an agreement has been reached between them, a purchasing contract is created.

Depending on the purchasing contract type one or multiple pairs of procurement orders and customer orders can be spawned. The procurement order is the business object on the customer side, the customer order is the business object on the vendor side. They are bound together through the b-op network, if both parties have their b-op digitals and they share enough trust.

If there is not an existing contract that governs the relationship between buyer and seller, the procurement order can be used in place of a contract. Each purchase order is assigned it’s own unique number, known as the procurement order number.

Related Articles

• Proposal phase
• Request for Proposal (RFP)
• Purchasing contract
• Procure-To-Pay
• Dev:Procurement Order - Developer information page on procurement order