DocBits provides you with the tools to take your document processing to the next level.
Streamline your purchasing business processes and increase efficiency with DocBits. DocBits combines advanced technologies such as artificial intelligence (AI), machine learning (ML) and optical character recognition (OCR) to deliver unparalleled accuracy and efficiency in capturing, processing and extracting valuable data from purchase orders and documents.
Purchase orders are not legally bound to any particular format. Therefore, a company can reach purchase orders in different forms and in different ways. However, to avoid misunderstandings, purchase orders/orders should contain the following points:
This includes the contact details of the company placing the order, the billing address, the delivery address, which may differ from the billing address, and the date of the order.
A clear reference to the previous offer (e.g. offer number + date) should be noted on an order made in response to an offer.
Here you will find the clear indication that this is an order and, if applicable, the corresponding order number.
This section usually lists all ordered items with item number, item description, quantity and price.
All information about the delivery is recorded here. This includes, among other things, information on the delivery time, shipping method and transport costs.
Under payment terms, for example, the payment method, payment deadlines and, if applicable, discounts and rebates are recorded.
Under certain circumstances, reference to the general terms and conditions is required.