What is the role of vendors in the sales process?

In the case of a few businesses, a third-party vendor provides products or services to a seller, who in turn sells them to a customer.

When a customer agrees to a quote, the seller generates a sales order (SO) to confirm the sale. In return, the customer generates a purchase order sends it to the seller to confirm the purchase.

The seller, in turn, sends the PO to a vendor who provides the required products or services.

To learn more about Vendors, click here.