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...Some approvals needed before boss signs off a paper. Lawyer, finance controller, technical department, HR and accounting department.

Since every department has its own rules and schedules approval process takes too much. Somehow every department have to react in 5
days, so in total it could take around 25 days. If your paper is lucky and moves from one department to another immediately after.

What could be done to reduce time consumed by this approving exercise?

Looks quite simple - offer your best idea!

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