Lease Approval Workflow Improvements

Create approval rules in Lease Accounting using a wide range of criteria and lease attributes. Lease attributes include Legal Entity, Abstracted By, Assigned To, Asset Type, Lease Type, Amendment Subtype, and Account Classification. You can also create approval rules by Business Unit.

The lease approval notification now enables approvers to navigate to the lease and review lease details before giving approval. Click View on the lease approval notification to view the lease details.

Lease Approval Notification

Lease Details page

Business benefits include:

• Improved controls by configuring approval rules by Business Unit.
• Simplified lease approvals with ability to navigate and review lease details from approval notifications.

Steps to Enable

You don't need to do anything to enable this feature.

Key Resources

• This feature originated from the Idea Labs on Oracle Cloud Customer Connect: Ideas 709563 and 699143

Access Requirements

You do not need any new role or privilege access to set up and use this feature.