Logistics companies make high value investments in assets like facilities, technology, and equipment, for expanding or maintaining logistics operations. Given the high value of such investments, the review and approval of these requests needs to have a formalized workflow that evaluates finance budgets, organizational goals, and ROI. Doing all these verifications manually does not provide the speed and accuracy required for CapEx approvals. The manual process is ridden with miss allocation of resources that tends to destabilize the organization financially and operationally. The solution lies in automating the CapEx approval process in logistics companies. Automating the review and approval process provides stakeholders deep visibility and control over the approval process. The risk of miss allocation of resources and errors is greatly reduced by automating the workflow. A workflow solution like Cflow provides real-time insights into the status of approvals, which ensures that all relevant parties are on the same page. The financial risks and likelihood of fraud in CapEx approvals is also minimized by Cflow.