What is authorized approver in SAP BNS-CON - Concur?

SAP Term: authorized approver

• Component: BNS-CON

• Component Name: Concur

• Description: A role in assigned to the person authorized to approve the expense report, typically with a signature amount limit up to which they may sign/approve.

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• Key Concepts: 
  An authorized approver is a user in the SAP Concur Expense system who has the authority to approve or reject expense reports. This user is typically a manager or supervisor who is responsible for ensuring that all expenses are legitimate and in compliance with company policies. 
  
  How to use it: 
  The authorized approver is responsible for reviewing and approving expense reports submitted by employees. They can review the details of each expense, such as the date, amount, and purpose, and then either approve or reject the report. If an expense report is rejected, the approver can provide feedback to the employee on why it was rejected and what needs to be done to make it compliant. 
  
  Tips & Tricks: 
  It is important for authorized approvers to be familiar with company policies and procedures related to expenses. This will help them make informed decisions when reviewing and approving expense reports. Additionally, they should be aware of any changes or updates to company policies so that they can ensure that all expenses are compliant. 
  
  Related Information: 
  The SAP Concur Expense system also allows users to set up automated approval rules. These rules allow users to set up specific criteria for approving or rejecting an expense report, such as a certain dollar amount or type of expense. This can help streamline the approval process and ensure that all expenses are compliant with company policies.