What is the default primary approval level for all Purchase Requisitions?

The default primary approval level for all Purchase Requisitions is typically set to L1 and L4. This means that Purchase Requisitions must go through two levels of approval: Level 1, which often involves initial review and basic authorization, and Level 4, which usually encompasses a higher level of scrutiny and final approval before any purchase can be made.

This dual-layer approval system is designed to ensure financial oversight and accountability within the procurement process. By having both levels in place, organizations can mitigate risks associated with spending and ensure that all purchases align with the organization's budgetary constraints and strategic goals. The combination of these levels provides a balanced approach to approving requisitions, enabling effective cost management while still allowing for operational flexibility.