Purchase Order Form Templates – Have You Automated Them Yet?

Shivasankari Bhuvaneswaran

October 27th, 2018 Procurement Process   purchase order  

purchase order template

Spend culture became a hot topic when a U.S defence agency paid $638 for a toilet seat. In the early 1980s, government agencies were constantly overcharged for basic goods. As the spend started to get out of control, organizations started to adopt a cost-conscious culture using purchase orders and other legally binding contracts.

Paper-based purchase orders brought in a semblance of structure to the precarious purchasing culture. To ensure that nothing was overlooked, a fool-proof purchase order approval was set up with multiple checkpoints and approvers.

When there are a lot of people asking for a lot of things, there’s bound to be a lot of confusion. To solve that, standard checklists and templates were created.

As your business processes make a progressive move towards automation, purchase orders and PO templates are not an exception. Would you be ready to settle for undertaking payroll manually? Of course not! Then, it is time to quit spinning wheels in the document chase game, and automate your purchase order form templates.

What Makes an Ideal Purchase Order Form Template?

Purchase order form templates help organizations minimize the time spent on purchase orders. Rather than creating a new purchase order document every time from scratch, a purchase order form template simplifies the process and ensures consistency.

Maintaining a standard PO template will take a lot of administrative burden off your procurement team, and minimize mistakes.

Most SMBs tend to use existing MS Office or Google Docs templates to sketch out their purchase order format in a document. These purchase order forms generally list all essential purchase order fields that a buyer needs to specify before it is sent to the vendor.

With KiSSFLOW’s automated purchase orders, you can create purchase orders in 15 minutes and process them 75% faster, without manual intervention.

A purchase order form template usually contains:

  • Buyer details (organization name, logo, contact address)
  • PO number (to be used in accounting, inventory, three-way matching, and more)
  • Seller details (Name, address, and contact information of the service provider)
  • Order details (P.O date, items, quantity, shipping address, and delivery schedule, etc.)
  • Payment details (Unit price, total PO value, adjustments, payment terms, schedule, etc.)
  • Signature line
  • Additional terms and conditions (if any)
  • Date seller must be notified in case of issues with the order

Looking for Purchase Order Templates?

Use KiSSFLOW's Automated Purchase Order Form

Disadvantages of Using Excel/Word-Based Purchase Order Form Templates

If your purchase orders rely on Excel spreadsheet templates to control spend, then there are chances that you may be operating well below your optimal efficiency and profitability levels.

Here are six challenges businesses face daily due to pre-conceptions about Excel-based PO templates:

Formatting issues:

Modifying the size of a specific field can mess up the alignment of your whole template. If the data you have to enter in a specific field is larger than the available space, the whole template will shift to keep up and move things to places you don’t want them to be.

Accuracy:

The hardest challenge in using Excel templates for a purchase order form is keying in accurate data into spreadsheets. Inaccurate data makes it impossible to make effective plans. Any and all reports or decisions taken based on this data would be a guess at best.

Synchronization:

When there is a policy or process change, every purchase order template needs to be updated manually. When data is extracted, compiled, and consolidated manually from multiple resources, it takes a substantial amount of time to ensure real-time data sync.

Storage/Organization:

It might seem like an easy task to store all spreadsheets in a single folder. But if the person who handled this before you did not organize POs properly, you’re in real trouble. Hunting for a spreadsheet in someone’s local drive or archived files is a tough task.

Auditing:

When your purchase order forms are stuck in file cabinets or in a local disk, audits will sideline the entire team for a couple of weeks, since they may have to plough through heaps of digital and physical folders aimlessly.

Reporting:

Making decisions on manual reports created from the data on Excel/Word purchase order form templates can cause expensive mistakes with serious implications.

Move to an Automated Purchase Order Form Template

Automated purchase orders offer organizations a seamless purchasing experience. Automation helps purchasing teams track outstanding orders and pending payments easily. Here are seven reasons why you need to use an automated purchase order form template:

Simple Customization

Use a visual form builder and drag-and-drop tools to create your perfect purchase order template.

Visual Reports

Track trends instantly with an interactive dashboard that displays visual-rich actionable insights.

Anytime Access

Apply, approve, reject, and review purchase order forms from anywhere, at any time, and on any device.

Cloud Storage

Store purchase orders on a cloud-based master database to retrieve real-time data and enable auto sync.

Quick Integration

Integrate with the current procurement software, accounting tools, etc. Import/export data easily.

Consistent Process

Ensure accurate, consistent PO processing every time with automated workflows and digital checklists.

Robust Security

Restrict access to confidential purchasing information with conditional visibility and role-based access.

Ditch Emails and Excel Sheets

Try KiSSFLOW's Automated Purchase Order Template

Free Purchase Order Form Template

Here’s a sample purchase order format can be customized to incorporate all details you need in your purchase order.

Purchase Order Form

Real-time tracking_po

Track and Manage Purchase Orders Better Using KiSSFLOW

Excel/Word-based purchase order form templates are extremely prone to manual errors and discrepancies. If left unchecked, these discrepancies have the power to shake the very foundations of an organization with extravagant spending. To prevent such instances, the purchasing team will overexert themselves and burn out.

Overworked purchasing staff are bound to make mistakes that can prove to be detrimental when a purchasing decision is based on the available data. Wouldn’t it make everyone’s life easy, if the staff could spend little time dealing administrative headaches like data collation, management, etc. and more time doing actual work? Now they can!

KiSSFLOW’s automated purchase order form templates are programmed to fetch the right purchasing information without any errors. KiSSFLOW lets you create a centralized purchase order form to log purchase details and record it all almost instantaneously.

There has never been a better time to upgrade your purchase order forms with automation. If you want to test an automated purchase order format before committing to a paid solution, test KiSSFLOW’s automated purchase order form template.

Use our 14-day free trial to measure the difference automation can make to your existing purchase order form template.

Excel-based PO Templates are Irksome

Use KiSSFLOW to make POs hassle-free