Requisitions and Requests for Price Quotes

Purchasing includes screens for creating purchase requisitions and requests for price quotes. Use these forms to help you decide whether items and services are necessary and how much they cost, before you send a purchase order for those items or services.

• Purchasing Requisition — The buyer sends this form to an approver to seek permission to purchase an item or service. Your firm uses this form internally.

• Request for Price Quote (RFQ) — The buyer sends this form to one or more vendors to ask for an estimated price on a specified item or service. When you send the form to more than one vendor, you can compare their prices before you decide which vendor to use.

Status Codes

All requisitions and RFQs have status codes that show their current state of completion.