Glossary
LEXICON / TERMAn internal request to buy goods or services, the first step in a governed procure-to-pay process before sourcing or a purchase order exists.
A purchase requisition is an internal request from an employee or department to buy goods or services — the starting document in a procurement process, distinct from the purchase order that later goes to a supplier.
Requiring a requisition before a purchase order gives an organisation a governed checkpoint — someone requests, someone else (by policy) approves — rather than any employee committing company spend directly to a supplier.
A requisition typically moves through a state machine (draft, submitted, approved, executed) before it can become a purchase order, with the option to route through competitive sourcing (RFQ/bids) for larger or non-routine spend.
An employee drafts a requisition for replacement equipment; it's submitted, approved by a designated approver (not the requester), and only then does a buyer convert it into a purchase order sent to a supplier.
A requisition in Vercentlabs is drafted and submitted, entering a governed draft → submit → approve → execute state machine, with self-approval blocked structurally at every stage — the same person who creates a supplier, purchase order, or receipt cannot also approve or qualify it.
Open Procure to Pay runbook →Lexicon cross-reference
Reference index
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