Cobase offers robust, configurable authorization and workflow controls for managing payment approvals across your organization. Whether you operate in a centralized or decentralized treasury model, Cobase ensures that all payments are reviewed and approved by the right people — at the right time — before being executed, with full visibility and compliance built in.
Define one-step or multi-step approval chains based on payment type, amount, currency, legal entity, or account.
Assign roles such as initiator, reviewer, approver, or releaser. Only authorized users can perform actions based on their assigned user-group permissions.
Set approval requirements that vary by amount or risk level — for example, single approval for payments under €10,000 and dual approval above.
Every step in the workflow — from creation to execution — is logged and time-stamped for audit readiness. Ensure clear separation between payment entry, approval, and release to reduce operational risk and comply with internal policies.
