Approval chain

The approval chain in procurement refers to the sequential involvement of stakeholders required to authorize a specific action before its execution. This process involves distinct approval rules assigned to each segment of the chain, with a shared Approval Chain field value and an incrementing Approval Step field value.

This structured approach ensures that key decisions in procurement undergo a systematic approval process, enhancing transparency and accountability in the overall procurement workflow. Implementing an efficient approval chain in procurement is essential for maintaining compliance and facilitating smoother operational processes within an organization.


Learn more about Ivalua's Sourcing Software Solutions.