oboloo

oboloo Glossary

Electronic Purchase Order

oboloo Glossary

Electronic Purchase Order

An Electronic Purchase Order (ePO) is a legal and binding document that defines the agreement between a buyer and a seller. This document outlines the type and quantity of goods or services to be provided, along with the agreed-upon price, delivery dates, payment terms, and any other special requests or conditions. It serves as an authorization for the seller to begin the purchasing process and contains all of the necessary details to complete the transaction. The use of Electronic Purchase Orders offers businesses many advantages, including increased accuracy, faster processing time, and compliance with industry regulations.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971