The Maker-Approver feature, or "Dual Control," is a security protocol designed to prevent fraud and errors.
Security: It stops a single compromised account or rogue employee from embezzling funds.
Accuracy: A second pair of eyes catches typos before deposits are placed.
Compliance: It satisfies audit requirements by ensuring a segregation of duties.
By separating initiation from authorisation, businesses ensure no single person has total control over the company’s capital.
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