What does 'Purchase Requisition' mean?

Purchase Requisition is a crucial feature in software that streamlines the process of requesting, approving, and tracking purchases within an organization. With the help of this feature, users can electronically create a formal request for goods or services and submit it for review and approval. The process of creating a purchase requisition starts with the user filling out a form, which includes details such as the item description, quantity, price, delivery date, and any necessary attachments. These requests can be submitted to different departments or