Procurement Cycle | Procure to Pay Cycle | P2P Cycle
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- Опубліковано 15 жов 2024
- The process by which organisation buy products and services is called procurement cycle or Procure to pay cycle.
The main steps in procurement cycle are:
a) Purchase requisition
b) Purchase order
c) Goods receiving note
d) Supplier payment
e) Reconciliation
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