Lasso offers an easy to use requisition process.  Business stakeholders can request items for procurement.  These items are automatically forwarded to the buyer for sourcing. 

Improved Efficiency:
By automating the request and approval process, the lasso purchase requisition system eliminates time-consuming manual tasks like email chains or paper forms. Employees can submit requests quickly, and approvers can review and sign off with ease, reducing processing time and keeping projects moving.

Cost Control:
With built-in budget tracking and spending limits, the lasso system helps prevent overspending before it happens. Managers gain visibility into proposed purchases, ensuring funds are allocated wisely and aligning expenditures with company priorities.

Enhanced Transparency:
Every request, approval, and purchase is logged, creating a clear trail of actions. This visibility ensures accountability across teams and provides stakeholders with real-time insight into spending activities, fostering trust and informed decision-making.

Better Compliance:
Lasso’s requisition system enforces company policies and procurement rules automatically. Whether it’s requiring approvals for high-value purchases or restricting vendors to pre-approved lists, it minimizes rogue spending and ensures adherence to internal and external regulations.

Reduced Errors:
Manual processes are prone to mistakes—lost paperwork, duplicate orders, or incorrect details. Lasso’s digital system standardizes data entry, validates inputs, and integrates with other tools (like accounting or inventory software), cutting down on costly errors.

Streamlined Approvals:
Customizable workflows route requests to the right people instantly, based on factors like department or purchase type. This eliminates bottlenecks and ensures faster decision-making without sacrificing oversight.

Data-Driven Insights:
Detailed reporting and analytics provide a window into purchasing trends, helping you identify savings opportunities, optimize vendor relationships, and forecast future needs more accurately.

Scalability:
As your business grows, a purchase requisition system adapts effortlessly. It can handle increasing transaction volumes, new departments, or additional locations without requiring a complete overhaul of your process.