New Payment Approval Management feature

FeatureGeneral availability onlinePublic preview
New Payment Approval Management featureOct 2022-

Business value

Approval of payments is a critical task for most businesses, and with this feature, we will support approval workflows that meet the challenges of setting up more advanced payment approval workflows in Business Central.

Feature details

The Payment Approval Management feature will solve most of the challenges that organizations have with setting up a secure and safe approval process for approving vendor and employee payments.

The feature enables users to create approval workflows that allow several approvers to approve in concert, and for each payment approver to approve all or specific lines (vendor or employee payments) in a payment journal. In addition, depending on settings in the general Approval Management and settings for the individual payment approver, payments can be approved based on the accumulated amount in the payment journal/line, the percentage of the amount in the payment journal/line, or a maximum amount per payment journal/line or vendor/employee.