Managing invoice approvals can be tough. Different departments, amounts, and expense types might require different approvers before the invoice gets paid. With Payhawk Workflows, you no longer have to count on your employees to remember your company policy. You can define your approval flow, update your corporate card controls, and ensure everything is reviewed by the right person.
Some things finance managers need to make sure of is that:
Before it gets paid, however, every expense should be approved by the right person to ensure that it complies with the company policy and is within its respective budget.
To achieve that, most companies have a different approval process based on the expense category, amount, or department of the employee.
Unfortunately, there's a lot of unnecessary institutional overhead surrounding that process:
So how do we crack this?
For more information on how to set up workflows for your company, check out our detailed guidelines here.
Whether you have tens, hundreds, or thousands of employees, we’re making your business spend work for you, giving you control over spending at scale with a single solution. Say goodbye to tedious finance tasks, schedule a demo with us today.