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From Purchase Requisitions to Purchase Orders

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#orders

#purchase

Dynamics 365 Finance

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Dec 28, 2024

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AI Summary

  • Purchase requisitions (PRs) are formal requests to procure goods or services, with employees or departments identifying the need and documenting it in D365 F&O.
  • The journey of PRs involves initiation, approval workflows, vendor selection, and conversion into purchase orders (POs).
  • PRs are typically handled by employees or department heads, while POs are managed by procurement teams or purchasing officers.
  • Three industry examples of successful PR-to-PO processes include manufacturing, retail, and healthcare scenarios.
  • Advanced tips in D365 F&O include using demand forecasting, leveraging trade agreements, and configuring procurement categories and workflows for regulatory compliance.
  • Workflow customization in D365 F&O allows for advanced features like conditional approvals, parallel workflows, escalation rules, integration with alerts, and audit and compliance tracking.
  • Workflow ownership involves IT or system administrators, business process owners, and procurement teams, with best practices including collaboration, clear documentation, and continuous review.
  • A final dad joke about purchase requisitions blushing when seeing purchase orders completes the article.

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