Equipment Hiring Process with Time sheet enabled

HI Team:

There is some requirement in  Equipment Hiring cycle .

Our requirement is as follows:

Step 1:  Request for Equipment  hring.

Step 2: Create Purchase Order based on the quote request and approve.

Step 3: Time sheet for useage of Equipment by the concerned user dept.

Step 4 : Approve the time sheet  by manager of usr dept.

Step 5 : Payment to Vendor with match Purchase order and Time sheet.

Please send me some document or module which can serve this purpsoe.

Regards,

Badri