what is a requisition form

A requisition form is a formal request for goods or services made by an employee to the person or department in a company responsible for purchasing. If the request is approved, a purchase order is submitted to a supplier for the goods or services. Requisitions are usually submitted in a standardized format on a paper form or through e-procurement software that automates some of the tasks involved and reduces duplication of effort. The form typically includes details about the item(s) requested, the date of the request, the individual and department making the request, and the location where the goods should be delivered. Requisition forms are essential for managing the procurement process within an organization, preventing fraud, and allowing management to exercise control over employee requisition requests.