Benefits of Approval Management System – Horizon EBS

An Approval Management System is a vital part of Enterprise Resource Planning (ERP) software that allows a company to manage the approval process in various departments. It ensures that the right people are involved in the decision-making process, and it helps streamline the process by automating repetitious tasks.

Approval Workflow Automation

Here are some of the challenges that can affect your business and its success

In a large or medium-sized organization with multiple departments, there can be multiple-level hierarchical approval workflows, and it is problematic for any person to seek physical approvals from all departments and his line managers.

If the approver of a particular transaction is unapproachable or on leave, the approval process will be on hold and the process is delayed affecting all the inter-related activities and amounting to a massive loss for the organization.

Considering the above impact on business growth, it becomes prudent for any organization to have a proper Approval Management System. If you don’t have a system in place, don’t worry we have the right choice of solution Horizon EBS – Approval Management System to bring hockey stick growth to your business.

Essentials of Approval Management System

The approval Management System is unique for each process in a department and it varies between organizations based on their requirement. Horizon EBS – Approval Management System is flexible and helps you to create your own task process. The common tasks in defining the approval process include

Submission: A representative or employee initiates submitting a document, invoice, purchase order, or anything in the system.

Assign approvers: If the process has multiple level approvals, define each level and the person who has to approve and take the decision.

Define permission hierarchy: Set user authority level and which user needs to approve at each stage of the hierarchy.

Set due date: Define deadlines to keep the task moving on each level and prevent roadblocks.

Alerts and reminders: Configure reminders to alert and notify of task performance. Automatic alerts on submission approval, rejection, or update request to advance to the next level. Status on submissions that undergoes multiple updates can be sent to everyone to keep them informed.

Audit log: Save every step in the approval progress for transparency and consistency.

Key benefits of approval automation workflow

• Streamlines business processes and ensures they are followed each time.

• Define single, group, or hierarchical approvals.

• Optimizes time and helps in taking a smart decision.

• Ad-hoc approvals to perfectly handle in the absence of an approver.

• Complete transparency to check on the status of the task progress.

• Approve or reject requests instantly from email, without logging in to the ERP system.

• Get notified instantly with push notification.

• Eliminate administrative errors

Build a robust automated approval process with Horizon EBS

Empower your team to go above and beyond borders with the perfectly designed integrated Approval Management System and Enterprise Resource Planning (ERP). Get real-time visibility into the approval process as it happens with email and push notifications.

When teams have clarity on the task progress, there are a lot of things they can accomplish at the same time interval. You can write to us at sales@fit.ae or call us at +971 4 3533727 to know more about Horizon EBS.