purchase indent definition

Purchase Indent | Purchase Indent Format Purchase Indent presents a formal requisition for the purchase of items/materials needed by an organization. Creating a Purchase Indent & setting up a workflow for its approval are crucial elements in defining the purchase process of an organization. What is the purchase process like in your organization? Do you have a defined workflow for purchase requisition? Do you create a Purchase Indent and approve it before creating a Purchase Order? In this article, we will cover the following topics : What is a purchase Indent? Why the need for...