Instrument Approval

Instrument Approval is the second stage in the Instrument Workflow and refers to all the reviews and approvals on the Customer and Funder side.

FinverityOS allows to create three layers of approval:

1. Payer Approval (Maker & Checker)

2. Finance Request

3. Funder Approval

The reviews and approvals are done by specific teams that are first appointed by the bank within your organisation.

You can then add permissions and team members to your FinverityOS account to make the checks. More on how to Invite users and assign permissions can be found here

The amount of layers within Approval Workflow depend on how the Product was structured by the Funder.