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Purchase Reason

What is Purchase Reason in Businessflo​

Purchase Reason refers to the rationale or purpose behind a specific purchase or procurement activity. It helps in providing context and justification for the purchase, allowing organizations to track and analyze their spending patterns, make informed decisions, and ensure compliance with internal policies and regulations. Purchase Reason is typically documented or categorized based on factors such as project requirements, operational needs, maintenance or repair needs, cost savings initiatives, or strategic objectives.

How to Create a Purchase Reason in Businessflo​

  • Module: PS - Procurement Sourcing
  • Process Code: PSRE - Purchase Reason

There are two options available to navigate to this screen.

  • Click on Procurement Sourcing -> General -> Purchase Reason
  • Write the process code for this screen in the search bar which will navigate you here directly.

purchase-reason

The list shows the Purchase Reasons already being created in the system. Now either you can click on new button to create a new Purchase Reason or you can select from the list of corresponding Purchase Reasons to view, edit or delete it.

Process​

purchase-reason

To create a new purchase reason, fill in the necessary details:

After filling the header fields, click on Create.

Now click on Save to save the information provided.