iBanFirst allows companies to setup payment validation rules, to reflect their own payment validation rules and internal controls. Find out how to setup payment validation rules.
A usual payment flow with validation rules goes as follows:
User A enters a payment. He / she cannot validate the payment, because User A does not have signature rights, or payment amount is greater than his / her authorised amount, or multiple signatures are required. User A submits payment to be signed by one or multiple other users.
User B is notified by email that his / her signature is required. He / she signs the payment.
Once the payment has the required number of signatures, users A or B can validate the payment.