What role does the Procurement Office play in relation to Purchase Requisitions?

The Procurement Office plays a critical role in the final approval and processing of Purchase Requisitions. After a purchase requisition has been created by the initiating department or individual, it is submitted to the Procurement Office, which is responsible for ensuring that all necessary checks and balances are in place before a purchase is finalized. This includes verifying that the requested items conform to procurement policies and regulations, confirming the availability of funds, and ensuring compliance with appropriate sourcing procedures. The Procurement Office also ensures that the purchase aligns with the organization’s strategic objectives and budgetary constraints. This function is crucial because a thorough review helps prevent errors and ensures that the organization is making prudent financial decisions.