Difference between Purchase Requests and Purchase Requisitions

Key differences between Purchase Requests and Purchase Requisitions are:

1. Purchase Requisitions are included in NetSuite’s Advanced Procurement module while purchase requests are included in the base product.
2. Purchase Requests require identification of the vendor for each item/expense purchased, while the vendor is not required for a Purchase Requisition.
3. Purchase Requests can only be entered against one vendor at a time, while a Requisition can be for items/expenses across multiple vendors.
4. Multiple Requisitions can be consolidated into one Purchase Order if the item/expenses are for the same vendor, while Purchase Requests cannot be consolidated.