What is approval workflow software?
Approval workflow software simplifies and optimizes how approvals are requested, processed, and tracked within an organization. It allows for faster decision-making and reduces bottlenecks.
An approval workflow in action
A simple process like expense reports can involve many people and require multiple approvals
Submission of report to the head
Review of the submitted report
Either approve or send it back for changes
Once approved, forward to the finance team
Either approve or request for changes
Forward to the payments team to process payment
The need for approval workflow software
Without approval workflow software, processes can be inefficient, inaccurate, and time-intensive. Streamline simple to complex approval processes, making it easier to manage and accelerating project output.
Speed
Accelerate decision-making and reduce approval delays and dependencies
Accuracy
Minimize errors and ensure compliance with standardized approval processes
Visibility
Gain real-time insights into approval progress and bottlenecks
Efficiency
Organize tasks, save time and increase approval effectiveness