What are the key process flows of service procurement?

Service procurement involves specific process flows that ensure the proper acquisition and management of services. Below is an explanation of the correct answers:

Manage invoices (A):Invoicing is a critical step in service procurement, where the supplier submits an invoice for the services rendered. This process ensures accurate payment based on agreed terms.

Manage purchase orders (B):Purchase orders are used to formally request services from a supplier. They define the scope, terms, and conditions of the service procurement.

Manage service entry sheets (C):Service entry sheets are used to confirm the completion of services by the supplier. They serve as a basis for invoice verification and payment.

Manage service contracts (D):While service contracts are important for long-term agreements, they are not part of the standard service procurement process flows.

Maintain quota arrangements (E):Quota arrangements are used for material procurement to allocate sources of supply and are not relevant to service procurement.