Company Policy

End users with Manage Company Policy rights can manage the Company Policy on behalf of the company. The Company Policy can be edited, but never deleted. Company administrators with Manage Company Policy rights can edit the Company Policy to configure Transaction Types and limits they want at a company level.

Company administrators use the Company Policy page to manage accounts, features, and Transaction Types at the company level. These changes may need to be approved or rejected, if dual action of non-financial transactions is enabled.

All User Roles must adhere to the Company Policy settings. The roles cannot override what is allowed at the company level.

Company Policy tabs

Tab

Description
Overview

Displays a list of Transaction Types. Each enabled one must have at least one action. Transaction details include:

  • Transaction Type
  • Per Transaction Approval Limit
  • Per Day Approval Limits (amount and count)
  • Per Month Approval Limits (amount and count)
  • Per Account Approval Limits (amount and count)
  • Draft Actions Number and Max amount allowed
  • Approve Actions Number and Max amount allowed
  • Cancel Actions Number and Max amount allowed
Features

Displays a list of entitlements and third-party services enabled for the company. Examples include:

  • Rights: Can Add Users
  • Link Out: Positive Pay
  • Mobile: Mobile Authorization
  • Corporate: Show Hours Policy Element

These features will vary depending on our financial institution's configuration.

Accounts

Displays a list of accounts and access rights. Access rights include:

  • View: View balance and history for the account on the Home page, on the Account Details page, and in reports.
  • Deposit: Deposit funds into the account.
  • Withdraw: Withdraw funds from the account.
User Roles Displays a list of User Roles, descriptions, statuses, and users.

For each Transaction Type, you can change the following features:

Company Policy Transaction Type features
Feature Description
Allowed Actions

Change the following information in an action:

  • Draft Amount
  • Approvals
  • Subsidiaries
  • Accounts
  • Draft Hours
  • Location
  • IP Addresses

After making the changes, a summary of the proposed action appears.

Note:  The financial institution may turn off the Subsidiaries, Draft Hours, IP Address, and Location features. These features will vary depending on our financial institution's configuration.

Approval Limits

View limits on the maximum transaction amounts. They include the following details:

  • Per transaction
  • Per account per day
  • Per day
  • Per month

View limits on the maximum number of transactions, also known as the maximum count. They include the following details:

  • Per account per day
  • Per day
  • Per month

These limits will be read-only in the Company Policy.

Company Policy Allowed Actions

Allowed Actions at a Company Policy Level determine how each Transaction Type is enabled. They also determine what criteria is required for this transaction to be drafted and approved.

Note:  You can't configure accounts in the Allowed Actions tab of an ACH PassThru Transaction Type.

Features in a Company Policy include:

Company Policy Allowed Actions features
Features Description
Draft Amount

Maximum draft amount.
Approvals

Control how many approvals are needed to complete a transaction.
Accounts

Accounts available for the Transaction Type per the Allowed Action criteria.
Subsidiaries Subsidiaries available for the Transaction Type per the Allowed Action criteria.
Draft Hours

Draft hours available for the Transaction Type per the Allowed Action criteria.
Location Regions available for the Transaction Type per the Allowed Action criteria.
IP Addresses IP addresses from which a transaction was performed.

Note:  The User Roles page has its own set of Allowed Actions which adheres to the same set of features configured by our financial institution.