This request is for departments seeking financial guidance on purchasing decisions to ensure compliance with budget policies, approval workflows, and financial regulations. The Finance team provides support in evaluating the financial impact, verifying budget availability, and ensuring adherence to company policies before a purchase is made. This service helps departments make informed purchasing decisions while maintaining financial accountability and efficiency.
How This Request Will Be Serviced:
The Finance team will:
- Review the Request – Assess purchase details, estimated cost, and business justification.
- Budget & Financial Impact Analysis – Confirm budget availability and provide financial insights.
- Policy & Compliance Verification – Ensure adherence to financial policies and approval workflows.
- Approval Guidance – Identify necessary financial and leadership approvals.
- Payment & Procurement Coordination – Advise on payment methods, vendor setup, and required documentation.
The Finance team will provide recommendations and next steps to facilitate a compliant and efficient purchasing process. If additional details are needed, they will reach out to the requestor.