Contract and Signature Thresholds

This SIG buy-side member from the finance industry is looking to find out what spend levels thresholds other firms have in place. 

Would you kindly respond with the following: 

1) Your industry (e.g. Financial Services)

2) A list of your spend spend-level thresholds by management level (e.g. Managers can approve contracts &/or invoices for $5000 and below).

3) A description of the controls you have implemented to ensure compliance with these thresholds. 

Thank you in advance. 

 

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