Creating Secure Approval Workflows
Approval workflows are your most powerful tool for enforcing your institution’s internal policies and protecting its assets. This feature allows you to require one or more users to approve certain actions before they are executed by the platform.
Key Benefits of Approval Workflows
Section titled “Key Benefits of Approval Workflows”- Fraud Prevention: Prevents a single compromised account from being able to drain funds.
- Error Reduction: Acts as a “four-eyes” check to prevent costly fat-finger errors on large withdrawals.
- Policy Enforcement: Digitally enforces your company’s internal sign-off requirements for fund movements.
Here are the standard workflows we have in place: