Advanced Options for Approving Incoming Invoices.

In MOCO, you can now define multiple people and thresholds for the automatic approval process of incoming invoices.

Previously

• Targeted approval for individual expenditures from specific people.
• Automatic creation of an approval request from a designated person starting from a certain amount. 

New: Multiple People and a Second Threshold

• You can additionally define a second, higher threshold. This overrides the first automation. 
• For each limit, you can optionally assign a second person (both individuals can then approve the expenditure).

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The new options support you in the following scenarios, for example

• Representation: if the first person is unavailable, the second designated person can approve.
• Task Sharing: more than one person can take responsibility for approvals, sharing the workload – and approvals are granted faster.
• Execution & Monitoring: one person can be defined to grant approvals, and a second person to be merely informed.
• Approval Levels: with two thresholds, two approval processes can be mapped, e.g., a low-level approval through the back office and a high-level approval through management.