Authorizing Funds Release

Authorizing Funds Release for Reimbursements

Authorizing funds release is an important step in the reimbursement process that adds an extra layer of security to payouts. After a reimbursement report has been scheduled for payment, the funds need to be authorized for release. Only authorized personnel (Administrators) can release payments, maintaining control over your company’s expenditures.

Steps to Authorize Funds Release

1. Log into your Float account and navigate to the "Reimbursements" page.
2. Click on the "Payments" tab to view Reports that have been scheduled for payment.
3. Click "Authorize CAD funds release" button on the top right to release the funds. This will authorize all payments that are scheduled on the same day. Otherwise known as a payment group.
4. After authorizing a payment, you can either reschedule or unschedule the payment to un-authorize