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Matrix for invoice approval
December 3, 2024
Q. How is your approval matrix set up for approving invoices? Ours is set to a specific locations manager for that location.
That creates a lot of approvers and also brings up the question: Should a manager be approving their own expenses that they initiated? Or should someone in the finance team be approving those expenses?
We do not currently use POs.
A.
(Answered by the IOFM Advisory Panel)
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We use Workday. Our approval workflows are based on the dollar amount of the expense and the…
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