ApprovalMax does support scheduled Batch Payments. This helps businesses optimise their payment schedules for financial stability, foster Vendor relationships and make efficient financial planning. Any Payer from the workflow can schedule fully approved Batch Payments.
This is how it works:
Open a Batch Payment in the Awaiting Payment status and click on the PAY WITH APPROVALMAX button. In the Batch Payment, click on the PAY button and select "Schedule payment":
Set the date on which this payment should automatically be made via open banking and click on CREATE:
Log in to your banking app to confirm your action:
You will see the scheduled status of your Batch Payment in the document or transaction details: