Approval Workflow
What is an Approval Workflow?
An approval workflow in corporate travel and expense management is a predefined sequence of steps that employees follow when submitting travel requests or expense claims. It typically involves multiple stakeholders, including managers, finance teams, and travel administrators, who review and approve requests based on company policies.
Companies use approval workflows to streamline processes, prevent unauthorized spending, and improve budget control. Automated workflows, powered by AI-driven platforms like TripGain, enhance efficiency by reducing manual approvals, flagging policy violations, and ensuring faster reimbursements.
By implementing an approval workflow, businesses can maintain transparency, minimize financial risks, and provide employees with a seamless travel booking and expense reporting experience. This structured approach ensures compliance while reducing administrative burdens.