A construction company handles all orders, approvals, invoices, and payments manually. Which of the following will help the company implement a faster approval system for its financial activities?
A) integrating the modules in the financial system
B) financial analytics and financial reporting
C) cash management and budget planning
D) supply chain management

Question

Quizplus · Accepted Answer

Integrating the modules in the financial system will help streamline the approval process by automating it and reducing manual handling. This, in turn, leads to a faster approval system for financial activities. Financial analytics and reporting, cash management and budget planning, and supply chain management are also important financial activities but they wouldn't necessarily help with implementing a faster approval system.

A Construction Company Handles All Orders, Approvals, Invoices, and Payments