These cookies are required for the website to function properly. They ensure security, enable basic features like page navigation, and store user session data. You cannot disable these cookies.
- Invoice Factoring Platform
- Who it's for
- Multi-entity treasury teams
Multi-entity treasury teams
A treasury team working for more than one organization needs each banking instruction and account application tied to the correct entity. The organization record carries its code, currency and time zone. Team members belong to an organization; business partners also carry an organization reference. A provider-held account has its own external identifier, currency and owner, so a similar provider name cannot replace the actual account identity.
How Invoice Factoring Platform is set up for you
Entity setup
App Administrator maintains active organizations, team membership and partner eligibility notes.
Scoped request
Accounting Preparer creates the instruction in the organization where the work belongs and selects its eligible counterparty.
Scoped decision
Accounting Reviewer checks organization access and independence before deciding on the current revision.
Account reconciliation
Cash applications, snapshots and journal lines refer to the provider-held account used for the movement.
A treasury team working for more than one organization needs each banking instruction and account application tied to the correct entity. The organization record carries its code, currency and time zone. Team members belong to an organization; business partners also carry an organization reference. A provider-held account has its own external identifier, currency and owner, so a similar provider name cannot replace the actual account identity.
Choose two organizations that use the same provider, each with a distinct external account identifier. Create a preparer and reviewer for each organization. Run an instruction in one entity and verify that the other entity's member cannot approve or edit it through a direct link. Record a provider event for the first account and confirm that reconciliation does not take a movement from the second account just because the amounts agree.
Agree the time zone for operational dates and the currency conventions for each account. Identify who verifies external account identifiers when opening a new provider relationship. Make inactive partners and accounts visible for historical reading while keeping them out of new operational selection. Use a retained decision and provider event to test the Auditor's assigned read scope.
Features to start with
Roles on the team
- Auditor
- Read authorized evidence and reports in a scoped, read-only audit view. No record writes and no action execution.
- App Administrator
- Maintain organization configuration and membership. Administrative membership does not confer approval, financial or execution authority and cannot grant an independent reviewer entitlement.
- Accounting Preparer
- Prepare assigned operational records and execute eligible reviewed actions. Own organization and draft scope only; accepted, posted and provider evidence is read-only; guarded workflows authorize every transition.
- Accounting Reviewer
- Review eligible accounting document revisions independently and reconcile operational evidence. Approve or reject through guarded actions only; no unrestricted editing of protected or executed records; a reviewer cannot approve their own submission.
Set up Invoice Factoring Platform your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.