Covinly 2.4: Multi-Step Approvals & Conditional Routing
Covinly 2.4 is now live — our most workflow-focused release to date. This update introduces conditional approval routing, keyboard shortcuts for bulk actions, foreign currency improvements, and significant performance gains.
Feature summary:
- Multi-step approvals with unlimited sequential and parallel stages
- Conditional routing rules engine with 14 trigger conditions
- Keyboard shortcuts for approve, reject, flag, and bulk selection
- Real-time exchange rates from 42 currencies
- 3.2x faster invoice list rendering for 10K+ monthly transactions
- New API endpoints for approval webhooks and routing rules
The rules engine replaces static approval chains. Define rules using conditions connected with AND/OR logic based on invoice attributes, vendor properties, and organizational context. Rules are evaluated in priority order.
Rule 1: amount > $10K AND government project → compliance officer → project manager → CFO. Rule 2: amount < $10K AND preferred vendor → project manager only. Catch-all: standard two-step chain.
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Configurable trigger conditions in the rules engine
Available trigger conditions:
- Invoice amount (>, <, between, =)
- Vendor risk score, category, preferred status
- Expense category, cost center, project code
- Currency type and foreign exchange flag
- Submission channel (email, API, portal, EDI)
Existing approval chains have been automatically converted to rules. No migration action needed.
J/K to navigate, A to approve, R to reject, F to flag, S to skip. Hold Shift to multi-select, then bulk action with one keystroke. In testing, keyboard users processed invoices 28% faster.
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Faster processing with keyboard shortcuts vs mouse
Real-time exchange rates from 42 currencies, automatic domestic equivalent calculation for threshold evaluation, and multi-currency approval thresholds. Historical rates stored for audit purposes.
Processing invoices in 5+ currencies? Enable the new currency dashboard widget for real-time payables-by-currency summaries with gain/loss projections.
Invoice list renders 3.2x faster for 10K+ monthly accounts. Search returns in under 200ms across 5M records. Dashboard analytics load 45% faster for multi-entity organizations.
“We built 2.4 around a simple premise: the teams processing the most invoices should have the fastest, most flexible tools.”
— Sarah Blake, Product Lead, Covinly
Version 2.5 (Q3 2026) will bring predictive analytics, payment timing optimization, and native connectors for SAP S/4HANA, Oracle NetSuite, and Microsoft Dynamics 365 Business Central with bidirectional sync. Join the beta program through your dashboard for early access.
Written by
Sarah Blake
Product Marketing
Sarah translates complex AP automation concepts into clear, actionable insights for finance teams. Previously led content at a leading procurement platform. Focused on helping AP teams build the business case for modernization.
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