Glossary
What is Purchase Requisition?
Last updated July 2026
Definition
A purchase requisition is the internal request to buy something, which becomes a purchase order once approved. It's the entry point of the procure-to-pay cycle.
Requisitions are where policy meets reality — where off-contract buying either gets caught or slips through.
Benchmarking at requisition time flags overpriced or unnecessary buys before a PO exists.
Part of RFQ & sourcing automation.
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