Tender PO and Payment Process

Course Title: Tender PO and Payment Process

Course Description:

This course provides a clear understanding of how Purchase Orders (PO) and payment processes function within tendering systems. Learners will gain knowledge of procurement documentation, compliance requirements, and payment authorization procedures.

Modules:

1. Introduction to Tender PO

2. PO Creation and Approval Process

3. Supplier Acknowledgment and Obligations

4. Delivery & Inspection of Goods/Services

5. Invoice Submission and Verification

6. Three-Way Matching (PO, Invoice, Delivery Note)

7. Payment Authorization & Release

8. Record-Keeping and Audit Compliance

9. Common Challenges & Solutions in PO & Payment

10. Case Studies & Best Practices