Abstract: A method for facilitating procurement functions includes receiving an invoice at a centralized procurement location, retrieving a purchase order associated with the invoice, comparing price terms on the invoice to price terms on the purchase order, and comparing quantity terms on the invoice to quantity terms on the purchase order. If the price terms on the invoice and the quantity terms on the invoice match the price terms on the purchase order and the quantity terms on the purchase order, the method includes transferring the invoice to an accounts payable representative for payment. If either of the price terms on the invoice and the quantity terms on the invoice does not match either of the price terms on the purchase order and the quantity terms on the purchase order, the method includes initiating a blocked invoice referral. A storage medium for facilitating procurement functions is also provided.

Abstract: An exemplary embodiment of the invention relates to a method, system, and storage medium for facilitating procurement functions over a computer network. The method comprises retrieving sourcing strategy information relating to data verified in a requisition, the requisition received at a central procurement location. If the data in the requisition comports with the sourcing strategy information, then a purchase order is executed for the requisition and is transmitted to a specified supplier. The requisition information is stored in a requisition tracking database. Other embodiments include a system and storage medium for implementing the invention.