is a formal decision that allows a request, document or action to move forward. It is usually given by a person with the authority to check the details and accept responsibility for the decision.
Companies often require approvals for purchases, discounts, expenses and changes to important records. They help control spending and make responsibilities clear. However, unclear limits or too many approval steps can delay everyday work.
An ERP system can send requests to the right approver based on rules such as value, department or document type. It can also record the decision, date and person involved. This helps the company apply its controls consistently and follow up on pending requests.
