What is payment approver in SAP BNS-CON - Concur?

SAP Term: payment approver

• Component: BNS-CON

• Component Name: Concur

• Description: An approver of a vendor payment request, manager who reviews and approves the request.

Smart SAP Assistant

• Key Concepts: 
  A payment approver is a user in the Concur system who is responsible for approving payments. This user has the authority to approve or reject payments, and can also set up payment rules and policies. 
  
  How to use it: 
  The payment approver is responsible for reviewing and approving payments in the Concur system. They can review the payment details, such as the amount, date, and payee, and then approve or reject the payment. They can also set up payment rules and policies to ensure that all payments are compliant with company policies. 
  
  Tips & Tricks: 
  It is important for the payment approver to be familiar with the company’s policies and procedures when approving payments. They should also be aware of any changes to the payment rules or policies that may affect their decisions. 
  
  Related Information: 
  The payment approver is part of the BNS-CON Concur system, which is a cloud-based financial management system designed to help companies manage their finances more efficiently. The system includes features such as budgeting, invoicing, and reporting.