Agri-fintech Lending

Features

Industries

Reference

More

Start now
  1. Agri-fintech Lending
  2. Process
  3. Authorization to confirmation
Process · Authorization to confirmation

Authorization to confirmation

Submit eligible loan instructions and wait for attributable provider evidence before confirming disbursement.

Start now Download Proto

Step by step

  1. Select authorized scope Credit Officer

    Credit Officer checks the Authorized application, current revision and account entries. Read the independent decision before execution. Resolve a change in amount or account scope through review before preparing a provider request.

    • Check reviewed execution eligibility
    • Updates Loan applications, Review decisions, Instruction accounts, Loan accounts

  2. Submit to provider Credit Officer

    Credit Officer sends the eligible instruction through the configured provider connection. Retain the stable operation key and provider instruction reference as the application becomes Submitted. A repeat request must resolve to the same operation and financial effects.

    • Retain submission identity and provider reference
    • Updates Loan applications, Operation receipts

  3. Follow the pending outcome Credit Officer

    Credit Officer investigates an unresolved provider response using its reference. Keep Submitted or Pending visible while the outcome is unknown. A timeout requires checking the prior attempt before any further execution is considered.

    • Preserve unresolved provider state
    • Updates Loan applications, Operation receipts, Application evidence

  4. Confirm disbursement Credit Officer

    Credit Officer checks verified confirmation or settlement evidence for the same application and revision. Only the verified provider outcome permits Confirmed and the confirmation date. Follow the confirmed application into account reconciliation.

    • Record verified confirmation and its date
    • Updates Loan applications, Application evidence, Operation receipts

Where it usually breaks

And how to keep it from happening.

  • A submission acknowledgement is treated as final confirmation. Agree exactly which provider response establishes the financial outcome.
  • A timeout leads to another instruction with a new operation identity. Investigate the original reference and receipt first.
  • A document is labeled Confirmation but remains unverified. Its title or evidence type cannot replace verification.
  • An amount changes after approval. The earlier decision cannot authorize the changed instruction.

Who does what

Roles and permissions
Credit Officer
, Independent Credit Approver, Auditor.

Set up Agri-fintech Lending your way.

Start free, then use Proto to change fields, steps and approvals before your team goes live.

Start now Download Proto

How to get started