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March 14 @ 1:00 pm - 2:00 pm
Rapid Request. Rapid Approval. Reduced Risk.
The Real Value of Approval Workflow Automation
Overcome common delay frustrations and avoid unwanted ripple effects.
Tune your approval workflow and you’ll see how even the most complicated approval scenarios can benefit from automation. We’ll explore how approval automation can reduce the purchase cycle by 30% and reduce rogue spend by more than 49%. Imagine being able to boost purchasing efficiency while reducing risk without lifting a finger.
Why is an optimized approval workflow so important to saving time in the purchasing process?
The short answer is the approval process is the main source of common delays that plague modern purchasing departments. These delays can frustrate and bog down every aspect of the purchasing process and cause unwanted ripple effects like unauthorized spending, or in some cases can bring the entire process to a screeching halt. Adding a layer of automation for approvals alone can help you avoid costly speed bumps and promote spend accountability throughout your organization.