There is pervasive business risk associated when subcontractor work is not properly approved or if contracts are overpaid. This process flow focuses on subcontractor approval and payment. It addresses the risk that subcontractor work is not properly approved and/or overpaid. Also included throughout the process flow are controls to mitigate associated risks.
This document should be used as a general guide to understand and review this business process. Organizations should customize this tool to ensure that it reflects their business operations and continuously monitor the process to ensure that the steps described are accurate.