![]() ![]() When companies and people use purchase requisitions responsibly, companies can cut expenses and almost guarantee responsible spending - which can have a huge impact on project and job costs.Ĭompanies usually create smart purchase requisition form policies, whereby people can make small purchases e.g less than $100 without requiring a purchase requisition, while certain employees with seniority may be able to bypass this process as they are the purchase approvers - and so are deemed responsible for making good purchasing decisions. ![]() While most workers have good intentions for their purchasing decisions, purchase requisition approvers can often see a more detailed financial picture and need to have some control over what's going out - as well as what's coming in. A purchase requisition form enables the site worker or employee to describe to the procurement officer or department what they need and why it is needed.Ĭompanies which operate without purchase requisitions risk people making poor and impulsive purchasing decisions which have a negative impact on the finances of the company - and can quickly result in projects ballooning out of control and over budget, especially when variations and unexpected changes occur.
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June 2023
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