Digital Purchase Orders Definition
A digital purchase order, or DPO, is an electronic version of the traditional paper purchase order. DPOs are generated using software that automates the purchase order process and stores purchase orders electronically. The advantages of using a DPO system include:
1. Increased accuracy – DPOS systems can reduce errors in purchase orders by automating the data entry process.
2. Faster processing time – DPOS systems can save time by eliminating the need to manually enter data into the system.
3. Improved communication – DPOS systems can improve communication between buyers and suppliers by providing a central repository for all purchase order information.
4. Enhanced security – DPOS systems can provide enhanced security for sensitive purchase information by storing data in a secure database.