Workflow · Expense

Reserve updates

Vendor expense is approved in one place and reserves are managed in another, so reserves on an exposure can lag behind the expense actually approved on the claim.

How VIP handles it

Audited invoice amounts and approvals write back against the exposure in the claims system, so reserves and payments reflect approved expense.

Step by step

  1. Invoice audited in VIP
  2. Approved amount confirmed
  3. Amount written back against the exposure
  4. Reserves and payments reviewed in the claims system

What changes

Connected systems

Other workflows

See reserve updates in VIP.