Signature Authority

The Finance Office, in conjunction with Internal Audit, has developed a signature authority approval process for Drexel University. The process requires the signature of authorized individuals for all cost centers and applies to all purchasing and accounts payable transactions including commitments that result in a cash disbursement or binding obligation for Drexel University.

The approval process published by the Office of Research will remain in effect.  This process requires approval by the Office of Research for check requests and purchase requisitions in excess of $2,000 and all expenditures for subcontracts, consulting, purchased services, equipment, hardware and software prior to submission to Accounts Payable.

Five levels of approval authority are listed below.  Signatures of authorized individuals are required to approve check requests, purchase requisitions and the purchasing card statement of account.  


LEVEL I

Up to $5,000

Cost Center Administrators

LEVEL II

$5,001 to $25,000

Department Heads

LEVEL III

$25,001 to $100,000

Vice Presidents, Deans, Directors

LEVEL IV

$100,001 to $250,000

Senior Vice Presidents

LEVEL V

$250,001 and Above

The President

Login to your signature authority report at http://deptapp.drexel.edu/compt/applications/login.aspx with the username and password provided to the President, Senior Vice Presidents and Vice Presidents.  Review and update your signature authority report at any time throughout the year.  On line instructions for adding and deleting account signers are available at www.drexel.edu/depts/compt/accounting/sign_instructions.docx

 

 

 

 

 

 

 
 
 
Check Requests