Expenditure and Check Approval/Signature

JanelYeaw

Our CF is in the process of updating/reviewing our internal processes and procedures regarding check signing approval/signature for both operational (AP) expenditures as well as grant/scholarship checks. We are a CF with assets of around $200m, total FT staff of 20 and a Finance department of 4 FT staff (CFO, Dir of Finance, Staff Accountant, Accounting Tech). We issue about 6k grant/scholarship checks annually, and around 500 operational (AP) checks annually.

We are hoping to utilize the approval features available within CSuite as much as possible. Hoping to find some CF's with a similar staff size that can share their internal procedures around check signing, expenditure approval and/or segregation of duties. Thank you!