What is the purpose of the Approval Routing feature?

The Approval Routing feature is primarily designed to facilitate the establishment of workflows for processes such as Purchase Requests, Purchase Orders, and Invoices. This tool allows organizations to streamline their approval process by defining specific pathways through which documents must pass before they are finalized. By automating the routing of documents to various approvers based on predetermined criteria, it enhances accountability and ensures that the appropriate individuals review and authorize transactions. This not only accelerates the approval process but also minimizes the risk of errors and inconsistencies in financial transactions.

In contrast to this, creating budgets for projects is a different functionality that focuses on financial planning and resource allocation. Setting pricing limits on items pertains to inventory and sales management, which is not directly related to the approval process of requisitions or orders. Similarly, integrating payments with external systems relates to payment processing and financial integration rather than the internal routing of approvals. Thus, selecting the option that highlights workflow design closely aligns with the core purpose of the Approval Routing feature.