Automatic approval workflow streamlines your trading program sign off process, creating efficiency with automated notifications and ensuring that the correct approval process is followed at all times.
This article will guide you through:
- How to approve a trading program
- What happens once I accept a proposal?
- What happens once I reject a proposal?
Looking for something else?
- Looking to approve a trading program using executive summary? Learn how to review programs with executive summary here.
- Looking to start the workflow process for a trading program? Learn how to start the approval workflow here.
- Alternatively, see our Help Center for more on trading programs.
When a trading program reaches you in the workflow, you will receive an automated email asking you to accept or reject the proposed trading program. This email includes a link to navigate directly to the Approvals tab for the trading program.
Alternatively, to review the programs requiring your approval, click on the Trading programs menu and Workflow inbox.
To approve the trading program:
Step 1: Click on the Approval tab for the trading program.
Step 2: Click on the document next to Program PDF to review details of the program including program lines and terms.
Step 3: Once you have reviewed the program, click either the Accept or Reject button.
Step 4: A pop-up box will be displayed asking you to confirm your decision. Click Confirm. If you are rejecting the proposal, enter details of your reason before confirming.
If you have accepted the proposal and additional steps exist in the workflow, automated emails will be sent to the next users to approve.
If you have accepted the proposal and are the last user in the workflow, the workflow status will change to Fully Signed and the proposal will automatically activate into a trading program. This means that your trading program has been approved by everybody and is ready to start earning rebate. It will now be displayed in the Trading Programs tab (rather than Proposals) under the relevant trading partner.
If you have rejected the proposal, automated emails will be sent to notify the required users, and the workflow status of the proposal will change to Draft. This means the proposal can be edited and the workflow has been restarted. Your rejection reason will be recorded in the internal trading program notes.
What’s next?
Interested in reviewing the workflow status of your trading programs? Learn how to generate the workflow report here.