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This is pretty high-level and simplistic, but a number of otherwise knowledgeable and experienced people have said: "Wow ... why have I never seen it explained
by ColinWright 5y ago
This is pretty high-level and simplistic, but a number of otherwise knowledgeable and experienced people have said: "Wow ... why have I never seen it explained like this?!?"
So I thought I'd share it.
- mchusma 5y agoThanks! Good article. I didn't understand purchase orders in particular until deep into B2B stuff. It was just something I encountered until selling deals like $10k+. I still think they are a bit strange.
- ColinWright 5y agoIt helped me to think of them as a "Magic Token" that the Finance Department issues so they know that the invoice is genuine. It means that when the invoice arrives they can look up the appropriate file and check that the details before issuing the payment. A busy Finance Department needs some way to cross-reference incoming invoices against previously issued permissions.