Requisitions: new concurrence functionality for >=$50,000
With the completion of a system enhancement, requisitions of $50,000 or greater can now be processed electronically. The enhancement provides the opportunity for concurrence signature beginning at $50,000 and progressing incrementally until the required signature authority level is reached. This will allow the person with approval authority to ensure that persons in his/her group are aware of, and concur with, the purchase. Further, if the person with the appropriate signature authority level desires, he/she can sign the requisition without concurrent approvals. This new system will be available on November 15, 2006.
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