What happens after I create a disbursement in Procore Pay? (Draft)

Answer

After a Payments Admin or Disburser creates a disbursement in Procore Pay:

If your company configures a payments workflow and sets it as the default, the disbursement must be authorized by the defined approval process to move forward. Once authorized, the system sends a drawdown request to the connected bank to release the funds. It is your company's responsibility to configure workflows as needed. See Best Practices for Creating a Payments Workflow.
If your company's service receives the request and the requested funds settle in your company's funding account by 5 PM ET, invoice payments will be sent via ACH wire on the next business day. For a list of available services, see How do funds flow between bank accounts with Procore Pay?
If your company's banking service or bank requires additional approval (for example, a phone call), not completing their requirements will result in a failed disbursement.