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Invoice Approval Workflow

An invoice approval workflow is a structured process that governs the review, verification, and approval of invoices within an organization before they are paid.

Capabilities

What is an Invoice Approval Workflow?

An invoice approval workflow is a structured process that governs the review, verification, and approval of invoices within an organization before they are paid. It ensures that invoices are processed accurately, in compliance with company policies and procedures, and that appropriate authorization is obtained before making payments to vendors. Within NetSuite, invoice approval workflows can be built, managed, and edited with ZoneApprovals, a native SuiteApp.

Recommended terms

3 Way Match
3-way matching refers to a three-step process of matching three key documents before processing a payment to a supplier.
Accounts Payable Automation
Accounts payable automation (AP Automation) refers to the use of technology and software solutions to streamline and optimize the accounts payable process within an organization.
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Advanced inventory refers to a comprehensive and feature-rich inventory management system or module within an enterprise resource planning (ERP) software or inventory management software.

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