What is Budget Lock Feature?
Budget Lock is a control feature that freezes a department's or app's spend once it has been approved, preventing unauthorized changes or unplanned costs.
Why it Matters
It ensures financial plans remain intact after approval, avoiding last-minute changes or shadow spending that can skew financial reporting and operational transparency.
Benefits
- Locks budgets post approval
- Role based override permissions
- Prevents unauthorized updates
- Boosts accountability
