If you’re the CEO or CFO of a life science organisation, you want financial control and fiscal compliance. When you choose Advanced Financial Control, nominated individuals are granted order-approval rights.
High-value and Capital Equipment orders can be proactively controlled with approval and justification procedures built in. Orders are sent to nominated budget holders for approval which eliminates the bottle necks. Documents can be attached to support the justification of the order.
When orders are sent to unapproved suppliers, it can be costly. Advanced Financial Control puts you in control. Integrated approval procedures can redirect orders to your Finance team to prevent purchase orders being sent to suppliers which have not been approved.Get in touch