ApproveThis manages your Fig Finance Integration approvals.

Why Integrate ApproveThis with Fig Finance?

Combining ApproveThis' approval automation with Fig Finance's financial management tools creates a powerhouse for businesses navigating complex financial workflows. This integration eliminates manual handoffs between systems, reduces decision latency, and ensures compliance across lending processes, expense approvals, and stakeholder onboarding. For mid-sized companies managing multiple lenders or financial partners, this pairing delivers measurable gains in operational efficiency and financial oversight.

Complementary Strengths

Fig Finance excels at connecting businesses with lenders and managing financial relationships through real-time data, while ApproveThis brings structure to the decision-making processes surrounding those relationships. Where Fig provides the financial infrastructure, ApproveThis adds governance - ensuring every dollar moved, partnership formed, or user onboarded follows your company's approval protocols.

Key Synergies

Approval thresholds in ApproveThis can reference Fig Finance's real-time financial data to automatically approve routine transactions or escalate high-value requests. For example, a $5,000 lender fee might follow different approval rules than a $50,000 credit line adjustment. Meanwhile, Fig's user management system gains an approval layer - critical for controlling financial system access.

Real-World Use Cases

Streamlined Lender Onboarding

When a financial team adds a new lending partner in Fig Finance, ApproveThis can automatically trigger multi-level approvals. The compliance team reviews KYC documentation, legal verifies contract terms, and executives approve credit limits - all through parallel approval paths. A commercial real estate firm used this workflow to reduce lender onboarding from 14 days to 72 hours while maintaining rigorous compliance checks.

Dynamic Credit Limit Adjustments

Fig Finance tracks real borrower financials; ApproveThis automates approval logic. Configure calculated fields to compare requested credit increases against current utilization rates and payment history. For low-risk adjustments under 10%, auto-approve instantly. Larger requests route to credit committees with full context from Fig's financial dashboards.

Controlled System Access

The provided template - automating user approval workflows - demonstrates how IT and finance teams collaborate securely. When Fig Finance detects new user creation, ApproveThis requires department heads to confirm access levels before system permissions activate. A regional bank implemented this to meet FFIEC compliance requirements without slowing down operational teams.

Implementation Made Simple

Using Zapier, connect ApproveThis and Fig Finance in four steps:

1. Create Zapier accounts for both platforms
2. Set Fig Finance's "New User" trigger
3. Map user data to ApproveThis' "Create Request" action
4. Activate conditional logic for multi-step approvals

Approval workflows adapt to your needs - require CFO sign-off for users with lender-facing roles, or auto-approve read-only access requests. Since ApproveThis approvers only need email access, external auditors or board members can participate without Fig Finance licenses.

Cross-Functional Benefits

Finance Teams

Reduce payment approval cycles by embedding Fig Finance's transaction context directly into approval requests. AP clerks include invoice details automatically, while approvers see real-time cash flow projections from Fig before approving large disbursements.

Operations Managers

Automate capital expenditure approvals tied to Fig Finance's budget tracking. When procurement requests exceed department budgets, ApproveThis instantly routes requests to contingency fund approvers with spend-to-date metrics from Fig.

Executive Leadership

Gain visibility into approval bottlenecks through ApproveThis' dashboard while maintaining Fig Finance's single source of truth. One manufacturing CFO eliminated $240K in redundant software spend by analyzing approval patterns for recurring SaaS purchases.

Advanced Configuration Options

Leverage ApproveThis' calculated fields to create smart approval rules based on Fig Finance data. Examples:

• Auto-approve loan applications where debt-to-income ratio < 30%
• Require dual signatures for interest rate exceptions exceeding prime + 2%

Vacation delegation ensures continuous operations - if a Fig Finance-integrated approval request sits unaddressed for 48 hours, it automatically reassigns to the designated backup.

Security Considerations

Approval data remains encrypted end-to-end, with audit trails meeting SOC 2 requirements. Fig Finance maintains financial system security while ApproveThis guarantees decision integrity - approvers can't delegate unauthorized access, even if their email accounts are compromised.

Getting Started

Begin with the template automating user approvals, then expand to financial transactions. Most teams operationalize their first workflow in under two hours using pre-built Zapier templates. Visit Zapier's platform to explore integration options, and reference Fig Finance's API documentation for advanced field mapping.

Final Recommendations

Start with high-frequency, low-risk approvals to build organizational trust in the system. A equipment leasing company first automated sub-$1,000 maintenance approvals, then scaled to seven-figure asset financing decisions within six months. Remember - the goal isn't just speed, but creating auditable, repeatable decision frameworks that align with Fig Finance's financial insights.

Ready to transform financial workflows? Register for ApproveThis or schedule a custom demo to see real-time integration with Fig Finance.