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What does 'Purchase Order' mean?

A purchase order is a document that serves as a legally binding contract for the purchase of goods or services from a vendor. It is used by businesses or organizations to request and track the purchase of products or services from suppliers. Purchase orders typically include details such as the description and quantity of the items or services being purchased, the agreed-upon price, and the delivery date. The purpose of a purchase order is to streamline the procurement process and ensure that both the buyer and the seller are on the same

Software with Purchase Order functionality