oboloo Glossary

Purchase Order Agreements

oboloo Glossary

Purchase Order Agreements

Purchase Order Agreements are legally-binding contracts between a buyer and a seller. They define the specific products or services being purchased, delivery timelines, responsible parties, payment terms and any other relevant details required for the sale. At their core, these agreements are designed to ensure that everyone involved in a transaction receives what they expect in a timely manner. By outlining all the necessary information upfront, Purchase Order Agreements provide clarity and protection for both buyers and sellers.