A Purchase Request System (PRS) is a structured approach for managing purchasing activities within an organization. With this system, customers can easily specify their needs and find the best possible product or service to meet them. This system streamlines the process for making purchase requests, from evaluating vendors to fulfilling orders and tracking delivery. A PRS helps organizations make sound financial decisions by ensuring that only approved items are purchased and that purchasing processes are documented and followed. It also helps reduce costs by enabling you to compare prices, terms and conditions across vendors. In short, a PRS allows organizations to get the most value out of every purchase request – and make sure that no money is wasted.