Managing approval levels for invoices

July 1, 2020

Share

Q.¬†For companies processing expense/indirect spend invoices, how do they manage approval levels for persons authorized to approve them? Is the approval authority based on position/title, dollar value of invoice? Does the cost center play any part, meaning approvers only have access to certain cost centers? A. (Answered by the IOFM Advisory Panel) ----- Our approval limits are more department level and determined by the managing supervisor. All invoices are processed based on the invoice amount…

  Become A Member

Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!

Join Today


Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know. 
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500