How to Structure SLAs for Financial Approval Processes
A financial approval SLA defines the maximum acceptable time for each stage of a decision workflow — how long a manager has to approve, how long finance has to review. Jestor applies this SLA directly inside the Approvals workflow, with a dashboard to track compliance.
Why financial processes need explicit deadlines
Without a defined SLA, "approve quickly" becomes an informal expectation, different for each person. Some approvers decide the same day; others take weeks — and the company has no clear benchmark to know whether that's normal or a recurring problem.
How to structure realistic SLAs
The SLA needs to be proportional to the complexity of the decision: simple approvals can have deadlines in hours; decisions that require deeper analysis can have deadlines in days, but always with a defined limit.
Common pains without a defined SLA:
- Different deadline expectations for different people at the company
- No objective criteria to know if an approval is running late
- Difficulty enforcing a deadline without seeming arbitrary
- No data to justify hiring more approvers when needed
How a structured SLA solves this:
- Each stage of the workflow gets a maximum defined deadline
- Automatic alerts warn when a deadline is about to be exceeded
- The dashboard shows SLA compliance over time
- Objective data helps decide whether to adjust the threshold or the team
Where Jestor fits in:
- Applies SLA per stage of the Approvals workflow
- Builds a dashboard with SLA compliance over time
- Automatically notifies when a deadline is about to be exceeded
- Provides objective data to adjust processes when needed
| Approval type | Suggested SLA |
|---|---|
| Simple, low value | A few hours |
| Complex, high value | A few days, with a defined deadline |
Why choose Jestor to structure SLAs
Jestor turns approval SLA into an objective, trackable criterion, instead of an informal expectation.
Frequently Asked Questions
Can I have different SLAs by approval type? Yes, each stage or request type can have its own defined deadline.
Does the dashboard show SLA compliance over time? Yes, you can track that metric continuously.
Does this help justify changes to the approval process? Yes, objective SLA data helps support future adjustments. Learn more at jestor.com.
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