Dual approval processes

July 20, 2020


Q.  I would like to be clearer on the distinct reasons for implementing: An invoice approval system, A payment approval system, or Both. Background: Some AP departments are implementing invoice digitization with workflow approval. This practice includes implementing a strong electronic approval system to take the place of manual signatures. This system verifies that the invoices being paid match the payments being sent. However, there are some organizations—those with cash flow issues, for…

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