Overview
This tutorial walks you through how to approve a new counterparty. You’ll learn how approval requests work, what information is reviewed, and how authorized team members can approve or reject a counterparty before any transactions take place
1. Accessing Counterparty Management
From the left sidebar, open Management.
Select Counter Parties.
You will see three sections: Active, Needs Approval, and Inactive.
Each section reflects a different stage of the counterparty lifecycle.
2. Submitting for Approval
When you click on Needs Approval tab
In the Needs Approval section:
The counterparty is waiting for the Cash Manager's review.
2.1. If Approved
The counterparty moves to the Active section.
It can now be used for payouts and visible in all active lists.
2.2. If Rejected
The counterparty moves back to the Inactive section with the status Rejected.
It cannot be used until edited and resubmitted.