24B What is the purpose to have 2 steps: 'Initiate Escheat' and 'Escheat' instead of just 1.
Summary:
Business is asking why we have 2 steps in the 24B Escheatment process:
- Initiate Escheat.
- Escheat.
This is causing additional work for AP team due to the large volume of Payments to be escheated.
Can you please advise on the reason to have these 2 different events instead of just 1. We would like to highlight the advantages to business.
Content (please ensure you mask any confidential information):
Business is asking why we have 2 steps in the 24B Escheatment process:
- Initiate Escheat.
- Escheat.
This is causing additional work for AP team due to the large volume of Payments to be escheated.
Can you please advise on the reason to have these 2 different events instead of just 1. We would like to highlight the advantages to business.