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The feature that can utilize both workflow rules and process builder is Approval Processes. Approval processes in Salesforce are designed to automate the approval of records, allowing organizations to establish a clear and structured process for handling requests and approvals. Both workflow rules and process builder can be leveraged within approval processes to initiate actions based on certain criteria or changes in record status.

Workflow rules can trigger actions such as sending email alerts or updating fields when a record enters the approval process. Similarly, process builder can offer more complex logic to automate the response to approved or rejected records, allowing for more advanced scenarios, such as updating multiple records or sending notifications to various user groups.

This flexibility in utilizing both workflow rules and process builder makes approval processes a powerful feature for managing approvals in a way that fits the diverse needs of an organization. The other options listed, such as Data Import Wizard, Schema Builder, and Reporting Dashboards, do not incorporate the ability to use both workflow rules and process builder, thus highlighting the unique capability of approval processes in this context.