Dividend Payment Approvals
Accelerate dividend payment approvals for streamlined distributions to shareholders and improved compliance
Why automate?
The authorization of the manner in which profits are distributed to stakeholders depends largely on the approval of dividend payments. Timely approval of dividends reflects on the financial health of the organization and its commitment to returning value to the investors. The approval cycle includes steps like dividend amount calculation, legal and financial regulation compliance checks, and obtaining approvals from appropriate authorities. When dividend approvals are done manually, the scope for errors, delays, and compliance issues is more, which ultimately affects satisfaction of stakeholders. Streamlining the approval process by automating the workflow speeds up dividend approval, improves accuracy of calculations, and maintains compliance with legal and financial regulations.
How Cflow Can Help Automate the Process
Transform & streamline business processes with cloud BPM & workflow automation software.
Join 100k + Users Who Are Already Using Cflow
“I’m really impressed with the support provided by Cflow. There has never been a time when they have kept me waiting. A product that is simple to use and a team that is smart and extremely fast are factors that help me feel reassured and confident.”
“The WFH environment during the COVID-19 pandemic made it clear how inefficient our processes were. Cflow allowed us to digitize paper forms with automated workflows. If you can envision a tool for an online workflow, it can be done in Cflow!”
“We are extremely liking CFlow. So far any issues that we’ve had once we contacted support they were able to help us resolve the issue. This has helped us take a paper process and replace it, faster and more streamlined now for us.”
