Overview of Configuring Paysheet Approvals

You can modify your paysheet approval processing when you need more than incentive compensation analyst and manager approval. Change the approval flow and configure rules for determining your approvers.

The approver can come from the participant's supervisor hierarchy, a group that you define, or a specific user. This feature still supports your governance requirements while giving you more flexibility and control over your paysheet approval processing.

You can configure the NotificationForPaysheet workflow to manage your approval processing. Each submitted paysheet is evaluated against your rules to determine the approval path required for that specific paysheet. You must have an analyst assigned to the participant for the approval notifications to trigger in the workflow. (Assign the analyst in Participant Details from the Participant Snapshot.)

Here are some examples of changes you can make to the approval process.

• You can configure additional steps and even exclude the compensation manager approval. For example, configure one step to get the participant manager and her manager's approval and another step for approval from an auditing group.

• Define conditional rules that use the attributes of the paysheet and participant. For example, you can define a rule that indicates paysheets over 5,000 must be routed to the participant's manager for approval.

• You can graphically design your approval policy into parallel and sequential steps.

• For steps defined for parallel approval, you can enable voting or first responder wins. The workflow tracks the responses from the approvers. For example, if you define a step where 50% of the approvers must approve, then the workflow tracks their responses to determine the outcome.

• You can define approval groups and assign the group to a step. Approval groups are typically used for subject matter experts.