1. Set up intelligent approval workflows for your payments. The approval process can either happen in the ERP System (with AX and D365FO) or In XTendLink. If the approval process happen in XTendLink the approvers doesn’t have to be ERP users. Approve payments based on pre-set rules.
2. The system supports 4-eye principle when approving payments, meaning that no one can approve payments alone.
3. Receiver bank account monitoring and approval workflow. If a receivers bank account information changes, the change needs to be approved by the receiver before a payment can be executed.
4. TOTP, time based onetime password support. Payment approvals can be set up to require TOTP, to prevent unauthorized access.
5. For certain banks it is possible.