Finance Management

Approval ManagementGive advance, expense and payroll approvals from one place

Approval Management lets you give advance, expense and payroll (salary) approvals from a single screen. Transactions that lead to a payment do not move forward until an authorized person approves them.

Which challenges does Approval Management address?

  • Approvals given by email and phone leave no trail.
  • Unapproved payments can be made.
  • Transactions awaiting approval slip past the manager.

Key features

The 3 features in Approval Management and the packages each one is offered in.

  • Advance ApprovalIncluded from Mid-sized Business
  • Expense ApprovalIncluded from Mid-sized Business
  • Payroll (Salary) ApprovalIncluded from Mid-sized Business

Comparison by package

"Included": part of the package. "Add-on": can be added as an option. "Higher tier": not part of this package; available by upgrading to a higher tier.

Approval Management: feature coverage by package
FeatureMicro BusinessSmall BusinessMid-sized BusinessLarge BusinessCorporateEnterpriseTailored
Advance ApprovalHigher tierHigher tierIncludedIncludedIncludedIncludedIncluded
Expense ApprovalHigher tierHigher tierIncludedIncludedIncludedIncludedIncluded
Payroll (Salary) ApprovalHigher tierHigher tierIncludedIncludedIncludedIncludedIncluded

Source: Factorbooks product and package scope list. For current pricing and additional requirements, request a quote.

Approval Management: frequently asked questions

Which packages include Approval Management?

All features are included from Mid-sized Business. See the comparison table on this page for package-level details.

Which modules is Approval Management used with?

Approval Management runs on the same platform as these modules: Employee Expense Management, Advance Management, Workflow Process Management. This module is a step in the "Employee to payroll" process chain.

How do I request a demo of Approval Management?

Just mention the module you are interested in and your needs in the demo request form. Our sales team will prepare the demo around this module and the related processes.

See Approval Management in a live demo

In a live demo we walk through your priority processes together and clarify the package and module scope that fits your needs.

Get in touch with Factorbooks

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