Procurement Contracts Impact on Current State

Summary

Procurement Contracts Implementation Impact on Current State Use of Procurement

Content

We are potentially looking at implementing procurement contracts in the future. Currently use procurement for creating suppliers and also creating requisitions and purchase orders that will flow into payables. We are wondering if implementing procurement contracts in the future will affect current state use of procurement. Specifically, if there will be any impact to outstanding requisitions and purchase orders or anything in payables. Will the implementation of procurement contracts require changes or majorly impact existing use of procurement?