Threshold-based approval
- Purpose
- Add the required review when an amount reaches a defined threshold.
Business approvals
Put the decision
in the right hands.
Prepare financial actions with the amount, beneficiary and supporting records attached. Route them to the responsible people and see whose approval is still needed.
Arc StudioAS
PAYMENT REVIEW
Linea ComponentsNeeds your approvalLC-2048Aluminium lamp components
€840.00Approval progress1 of 2
ER
Elena RossiFirst approver
AR
Alex RiveraYour approval is required
Two approvals required
No money moves during review.
No money moves during review.
‘Please approve’
should come with the details.
Give the approver the beneficiary, amount, currency, funding source and supporting record in the same review. A decision should refer to a specific financial action.
In the example, one approver has completed their review and one remains. The payment is still awaiting approval; it has not been released simply because a proposal exists.
Arc StudioAS
PAYMENT REVIEW
Linea ComponentsNeeds your approvalLC-2048Aluminium lamp components
€840.00Approval progress1 of 2
ER
Elena RossiFirst approver
AR
Alex RiveraYour approval is required
Two approvals required
No money moves during review.
No money moves during review.
Decide who
needs to decide.
Use your organization’s policy to define authority before a payment or change reaches the queue.
| Rule | Purpose |
|---|---|
| Threshold-based approval | Add the required review when an amount reaches a defined threshold. |
| Two-person approval | Require another authorized decision for a qualifying action. |
| Department ownership | Connect spending responsibility to the relevant team. |
| Beneficiary controls | Review the destinations approved for use. |
| Scheduled payment review | Keep the approval and intended payment date connected. |
Two-person approval
- Purpose
- Require another authorized decision for a qualifying action.
Department ownership
- Purpose
- Connect spending responsibility to the relevant team.
Beneficiary controls
- Purpose
- Review the destinations approved for use.
Scheduled payment review
- Purpose
- Keep the approval and intended payment date connected.
Apply oversight
where money is committed.
The product’s approval model covers financial actions with different consequences.
Payments and beneficiaries
Review where funds go and any new destination before a payment is released.
Cards and limits
Treat issuing spending access or raising a limit as an authorization decision.
Treasury allocations
Review moving money into a different access or risk category.
Capital drawdowns
Connect use of a facility to the authority and conditions attached to it.
Prepared. Reviewed.
Then released.
Keep the state of the operation clear to everyone involved.
Prepare the request
Attach the required details, source account and supporting records.
Collect the required decisions
Follow the approval policy and show what remains outstanding.
Track execution separately
Approval, processing and completion are different states. Follow the payment outcome after authority is granted.
Designing your approval process
Yes. Roles distinguish financial preparation from approval and oversight. Configure those responsibilities for your organization.
No. Approval is an authorization step. The operation still needs to be released, processed and completed through its payment route.
The displayed Agent workflow can prepare a proposal, but it cannot independently approve or execute it. The required human authority remains in place.
List the types of financial action, amount thresholds, departments and people who must approve. Include new beneficiaries and exceptions that need extra review.
Make every approval
an informed one.
Bring your decision rules and the handoffs that currently slow the team down.