Management Reporting: Purchasing Policy

This policy addresses useful reporting and analysis related to the purchasing cycle for better managing the business.

In this sample, the company shall produce such management reports in respect of the purchasing cycle as are useful and necessary for managing and controlling the business. The finance department is responsible for producing management reports as required by other policies and also those that are required or useful for effective management and supervision, including any reports that may be specifically requested by the managers of any department in the company. The procedure includes supplier analysis and payables analysis.