Dashboard / Intent INT-7892 / Approval / Spending Authority Policy

Spending Authority Policy

✅ ACTIVE Version 2.3.1 Last updated: Dec 15, 2023

Business Process Flow

Payment Request Extract Amount & Requester Amount < $10K? Check Manager Authority Level (Requester's Manager) Amount > $50K? Requires VP/C-Level Approval Manager Approved Insufficient Authority Escalate to Senior Mgmt Execute Payment YES NO ≥ $10K YES Authority Thresholds: Manager: $10K | VP: $50K | CEO: Unlimited Process Legend: Start/End Process Decision

Policy Execution by Geography

🌍 Spending Authority Executions - Global View
A
B
C
D
E
F
G
H
I
1
Region
Office
Total Requests
Auto-Approved
Manager Review
Escalated
Avg Amount
Compliance Rate
2
🇺🇸 North America
New York HQ
1,247
896 (72%)
298 (24%)
53 (4%)
$3,450
98.7%
3
🇺🇸 North America
San Francisco
892
723 (81%)
151 (17%)
18 (2%)
$2,890
99.2%
4
🇬🇧 Europe
London
764
587 (77%)
145 (19%)
32 (4%)
£2,150
97.8%
5
🇩🇪 Europe
Berlin
543
398 (73%)
129 (24%)
16 (3%)
€1,980
98.1%
6
🇸🇬 Asia Pacific
Singapore
692
478 (69%)
189 (27%)
25 (4%)
S$4,200
96.4%
7
🇯🇵 Asia Pacific
Tokyo
435
289 (66%)
125 (29%)
21 (5%)
¥385,000
95.9%
8
🇧🇷 Latin America
São Paulo
298
187 (63%)
89 (30%)
22 (7%)
R$12,450
92.6%
Total Global Requests: 4,871
Auto-Approval Rate: 72.8%
Escalation Rate: 3.9%
Global Compliance: 97.2%

Global Policy Coverage

🌍 Spending Authority Policy - Active Regions
North America
Europe
Asia Pacific
Latin America
* Singapore office is active but too small to display at this map scale
Active Countries: 6
Total Offices: 8
Policy Version: v2.3.1
Coverage: Global

Policy Version Registry

📦 Spending Authority Policy Versions
A
B
C
D
E
F
G
H
I
J
1
Version
Tag
Created
Author
Approver
Active Executions
Completed Executions
Status
Changes
2
v2.3.1
latest stable
2023-12-15 09:30
sarah.policy@co.com
3 approvers
847
4,024
🟢 CURRENT
Fix Latin America compliance thresholds
3
v2.3.0
deprecated
2023-11-28 14:15
mike.governance@co.com
2 approvers
12
3,892
🟡 DEPRECATED
Add Singapore office authority levels
4
v2.2.5
hotfix archived
2023-11-15 11:45
security-team@co.com
1 approver
0
2,156
⚫ ARCHIVED
Emergency fix for EUR currency handling
5
v2.2.4
archived
2023-10-30 16:20
sarah.policy@co.com
3 approvers
0
1,847
⚫ ARCHIVED
Update manager approval thresholds
6
v2.2.3
lts archived
2023-09-22 13:10
mike.governance@co.com
4 approvers
0
5,234
⚫ ARCHIVED
Long-term support baseline version
7
v2.1.8
beta archived
2023-08-18 10:35
test-team@co.com
2 approvers
0
892
⚫ ARCHIVED
Beta test multi-currency support
8
v2.0.0
major archived
2023-06-01 09:00
cto@co.com
5 approvers
0
12,456
⚫ ARCHIVED
Major rewrite with global policy engine
Total Versions: 7
Active Executions: 859
Total Executions: 30,501
Latest Version: v2.3.1

Current Version Details (v2.3.1)

📋

Policy Changes

  • Adjusted Latin America compliance thresholds from 95% to 92%
  • Added São Paulo office regional override capability
  • Updated BRL currency conversion rates
  • Enhanced escalation rules for amounts > R$10,000
🔧

Technical Changes

  • Improved policy evaluation performance by 15%
  • Added support for weekend/holiday approval workflows
  • Enhanced audit logging for regulatory compliance
  • Fixed timezone handling for Asia Pacific region
⚡

Execution Metrics

Active Executions: 847
Success Rate: 97.2%
Avg Processing Time: 2.8s
Error Rate: 0.3%

Regional Policy Insights

📊

North America

Highest volume: 2,139 requests (44% of global)

Strong compliance: 98.9% average rate

Efficient processing: 76% auto-approval rate

🇪🇺

Europe

Stable operations: 1,307 requests (27% of global)

Consistent compliance: 97.9% average rate

Balanced review: 75% auto-approval rate

🌏

Asia Pacific

Growing market: 1,127 requests (23% of global)

Good compliance: 96.1% average rate

Higher review rate: 67% auto-approval rate

⚠️

Latin America

Attention needed: 298 requests (6% of global)

Below target: 92.6% compliance rate

High escalation: 7% escalation rate

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