AP Automation

Approval Chain Update: Reduce scrolling and quickly toggle between collapsed and expanded views with the refreshed Approval Chain experience. All policies are now collapsed by default, and a new “Expand All” eye allows you to easily view the information you need. 

Dependent policies are now visually indented and marked with a chain icon, with tooltips explaining when they’ll be activated. 

Enhanced Dimensions Item Mapping Rules: We’ve updated vendor merging in Enhanced Dimensions to ensure item mapping rules from merged vendors are now transferred correctly to the parent vendor. The system now prioritizes the parent vendor’s rules while filling in missing dimensions from the merged vendor where applicable.

VendorPay

Manual Payments Update: The value in the “Created Date” column of the Manual Payments tool reflects the actual card creation date, not the scheduled date.

Vendor ACH Upload: Securely upload vendor banking details for ACH payments with Vendor ACH Upload. This enhancement streamlines the process by incorporating validation, permissions-based access, and integration with LSEG for additional verification.

Key Enhancements:

• Bulk Upload Capability: You can upload ACH payment details for multiple vendors at once, reducing manual entry and processing time.

• Permissions-Based Access: Only users with the appropriate permissions can upload and edit vendor ACH details, ensuring data security.

• Real-Time Validation: Built-in validation checks help prevent errors, such as incorrect routing or account numbers, before submission.

• LSEG Integration: Vendor bank details are cross-referenced with LSEG to enhance fraud prevention and compliance.