Assumed receipt | negative assurance

April 25, 2022


Q.¬†We are having a hard time getting invoices approved in our AP workflow system by departments who have purchased the goods/services that have been invoiced. We rely on the department to approve, thereby confirming receipt of the goods and services.¬†Despite our AP workflow system sending weekly reminders and links to approve invoices -we find ourselves with invoices not being approved for 5-6 months. I've looked up the benefits of assumed receipt/negative assurance which is when the…

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