What Are Approval Rules?
Approval rules allow you to automate purchase approvals in Mynt.
By creating rules, you can decide:
Which purchases require approval
Who needs to approve them
This helps companies maintain better control over expenses and ensures that larger purchases are reviewed before they are completed.
How Do Approval Rules Work?
An approval rule consists of two main parts:
1. Approvers
Approvers are the people responsible for approving a purchase when the rule’s conditions are met.
They will receive a request to review and approve the purchase before it can proceed.
2. Conditions
Conditions determine when the rule should apply.
Rules can be triggered based on:
Purchase amount
Supplier
A combination of both
Example of an Approval Rule
By combining conditions and approvers, you can create rules such as:
Purchases over 1,000 SEK must be approved by Person A.
Purchases over 5,000 SEK must first be approved by Person A, and then by Person B.
This allows larger purchases to require multiple approval steps, ensuring stronger financial control.
Use Mynt Intelligence in Your Approval Rules
With Mynt Intelligence, you can automatically approve expenses that comply with your company's Spend Policy.
If Mynt Intelligence cannot confidently determine whether an expense should be approved, it automatically routes the expense to the next approver in the approval workflow.
For Mynt Intelligence to work, the following requirements must be met:
Mynt Intelligence must be enabled for your account.
Mynt Intelligence must be enabled in the relevant approval rule.
Your company's Spend Policy must contain clear approval criteria that Mynt Intelligence can evaluate.
Learn more about Mynt Intelligence here!