Outbound payment control

Step by step

1. Record obligations AP Specialist

   AP Specialist prepares the request with counterparty, organization, due date and line detail.

   • Creates a Draft request for review.
   • Updates Payment requests, Payment request lines, Counterparties

2. Submit payment request AP Specialist

   AP Specialist moves the request into Pending Approval after checking the amount.

   • Places the request in the review queue.
   • Updates Payment requests

3. Approve payment request Controller

   Controller checks the pending amount and approves through the native action.

   • Records an Approved request and decision evidence.
   • Updates Payment requests, Review decisions, Operation receipts
   ApprovalA person approves before the work moves on.

4. Schedule payment Treasury Analyst

   Treasury Analyst creates a payment linked to the approved request.

   • Records amount, method and planned date.
   • Updates Payments, Payment requests

5. Release payment Treasury Analyst

   Treasury Analyst invokes the action on a Scheduled payment and checks its receipt.

   • Records a Released status and operation result.
   • Updates Payments, Operation receipts

AP Specialist

, Controller, Treasury Analyst.