Our signature authority thresholds have not changed since we went live with Lawson back in 1996. In prepping for our new system, we're looking to update them and were wondering if anyone would be willing to share theirs?
Currently, any equipment/instrument with a unit cost of $1500 or higher is capital. For department routine orders for goods and services, anything <=$5,000 only needs one level of approval, then there's a huge jump to $50,000, then $100,000, then $200,000 and anything beyond that needs our company's CEO signature on it.
Hey Kat,
The attached is what we follow.
Bev