Configure Approval Settings in the Finseta platform

This guide walks you through how to configure approval settings within the Finseta platform, helping you tailor payment approval flows to suit your organisation’s internal processes.

In just a few steps, you’ll learn how to create approval ranges, assign approver types, adjust approval groups, and ensure every payment is reviewed by the right people.

Follow the steps below to confidently customise your account’s approval structure.

 

STEP 1

To edit the approval settings for an account, head to the "Settings" page

STEP 2

Head to the "Approval Settings" tab

STEP 3

By default, the approval setting will be that all payments, of any value, will need one "A" approver. To edit these settings, click "Edit Approval Settings"

STEP 4

To add a new range, click "Add a new range"

STEP 5

For each band you can set how many approvers are needed to approve a payment, and what type of approver. For each band, you can specify the "From" and "To" amount that applies to that band.

STEP 6

When you enter an amount in the "To" field of a band, it will automatically adjust the band below it. Bands cannot overlap, or have empty values, and when this is the case you will get an error message.

STEP 7

To select the type of approver, select the dropdown and choose from the types of approvers you have available.

STEP 8

To select the type of approver, select the dropdown and choose from the types of approvers you have available.

STEP 9

To add additional approvers within a range, click the "+" icon

STEP 10

You can also specify that multiple approver types can perform an approval.

STEP 11

In the above example, from £0.00 to £1000.00, a payment will need one approval from an "A" approver For payments from £1000.01 to infinity, it will need to be approved by an "A" approver, plus an "A" or a "B" approver.

STEP 12

You can edit these groups to reflect how your individual payment processes

STEP 13

You can adjust the names of the approver groups, or add additional groups.

STEP 14

In the above example, you can see that the approver groups have been amended to reflect a typical payment flow, involving the roles of those involved in the process.