No PO, No Pay?

March 12, 2021
March 12, 2021


Q. I would like to find out if other companies have adopted a "No PO, No Pay" policy; how it works; how the policy reads; what exceptions they have; and how they rolled it out. A. (Answered by the IOFM Advisory Panel) ----- My university medical system has a “No PO, No Pay” policy in place for all purchases of goods and services. The requirement is clearly detailed in our procurement policies and pocedures and on the purchase order form itself. The vendors are aware, although it can be a…

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