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Quick needs, retail purchases, minor one-offs: Purchase Cards.

Planned purchases, competitive bids, capital investments,
group/consolidated/centralized purchasing: Purchase Orders.

On Wed, May 6, 2009 at 10:51 AM, <Tommy.Holden@xxxxxxxxxxxxxxxxxxxxx> wrote:

personally our company still does 85-90% of purchases using POs not cards.
of course we do use cards but they are not even close to being the norm.

Thanks,
Tommy Holden



From:
Nathan Andelin <nandelin@xxxxxxxxx>
To:
midrange list <midrange-l@xxxxxxxxxxxx>
Date:
05/06/2009 10:43 AM
Subject:
Purchase Orders vs Purchase Cards
Sent by:
midrange-l-bounces@xxxxxxxxxxxx




Are organizations still writing Purchase Orders? Or, are they buying with
Purchase Cards? My gut feel is that most organizations are issuing
Purchase Cards (Visa, Mastercard, etc.) to employees, assigning various
credit limits to cardholders, and having people order directly from vendor
web sites, rather than going through a PO approval process. But I thought
I'd ask.

I'm in the middle of designing a database for a Purchase Order system -
part of a new IBM i Financial Accounting system. Purchase Orders have
long been a standard component of enterprise financial accounting
packages, but I sometimes question their relevance in a world where so
many vendors are putting up shopping cart applications on their web sites.

Thanks,

Nathan.



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