Purchase Order Policy

This sample policy outlines the guidelines for PO processing and vendor setup and maintenance. It details the procedures for vendor setup and maintenance, purchase order generation, and resolution of vendor purchase order issues.

Appropriate signatures are required on all purchase orders (POs) in order to ensure validation of purchases. All vendor information is to be accurately entered into the system and vendors should be periodically monitored for data precision. Any outstanding vendor issues are to be resolved in a timely and appropriate manner. Proper internal controls will be in place to ensure that all PO activities are processed accurately and timely.