What is the first form in the purchasing process?

The first form in the purchasing process is the purchase requisition. This document serves as an internal request that outlines what items or services are needed, why they are needed, and often includes details regarding quantities and specifications. The purpose of the purchase requisition is to ensure that there is approval within the organization before moving forward with the procurement. It initiates the purchasing process by formally recording the need for resources, allowing the purchasing department to start sourcing and comparing options.

Once the purchase requisition is approved, it leads to the next steps in the purchasing process, such as creating a purchase order and negotiating purchase agreements. However, without this initial step, the purchasing process cannot begin effectively. The requisition is crucial for maintaining organizational control over expenditures and ensuring proper documentation throughout the procurement flow.