Approval Processes
An approval process is a systematic procedure used by organizations to review and authorize decisions, actions, or documents. This process ensures that all necessary stakeholders evaluate and agree on a proposal before it is finalized. Common examples include budget approvals, project proposals, and policy changes.
Typically, an approval process involves several steps, such as submission, review, feedback, and final authorization. Each step may require input from different departments or individuals, ensuring that all perspectives are considered. This structured approach helps maintain accountability and transparency within organizations, ultimately leading to better decision-making.