Asset acquisition approval is a key step in the procurement process, ensuring smooth asset management for all departments. The asset may include properties, equipment, technology, etc. The process goes through request submission, request evaluation, authorization, and approvals, facilitating good asset management. Asset acquisition done manually can create bottlenecks leading to delayed processing. Delays in processing often decrease the efficiency of business operations. This is why it becomes important to invest in automation. The right automation tool will navigate the approval process to improve efficiency.