What feature allows a company to ensure that employees can only order IT equipment from approved products and suppliers?

The feature that allows a company to ensure that employees can only order IT equipment from approved products and suppliers is Catalog Management. This functionality enables organizations to create and manage catalogs of predefined and approved items that can be purchased. By utilizing catalog management, companies can define which products are available for purchase, ensuring that employees can only select from a curated list of approved items and suppliers. This helps maintain compliance with company policies, control spending, and ensure that the procurement process aligns with the company's standards for quality and service.

In contrast, contract management is focused on managing the agreements with suppliers rather than the specific products being ordered. Service procurement deals with sourcing and managing services rather than physical goods like IT equipment. Purchase order management pertains to the process of issuing and tracking orders, but it does not control which items can be ordered, making catalog management the ideal feature for this requirement.