First-time vendor holds

A new vendor is where most payment fraud starts, and the amount is usually small enough to slip under an auto-match threshold. From this release, the first payment to any vendor waits for a person, whatever its size.

What changed

• The first payment to a vendor is held with the reason “First-time vendor”.
• Once a person approves it, later payments to that vendor follow your usual rules.
• The approval, and who gave it, is written to the evidence log.

Holds are on for every workspace. They can be limited to vendors outside your ERP’s approved list in Approval rules.