What percentage of invoices should be PO?

May 22, 2020


Q.┬áJust last week our Procurement team started looking into putting more suppliers on POs, and I don't agree. And now we are having an issue with Procurement. We are an insurance company, so most payments that come through AP are payable to agents (for commissions) and insureds (for such things as overpayment of premiums, policy issues, NSF fees). These should not go on a PO. However, the Procurement team is including these types of payments in their numbers, stating we need to have 100% of all…

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