Summary:

Rho enables sophisticated financial governance through customizable approval workflows. Admins can configure rules that route payments based on specific criteria, such as the vendor identity or the dollar amount. This ensures that high-value or new vendor payments receive appropriate scrutiny.

Direct Answer:

Rho allows for setting up approval workflows based on vendor and amount. A company can set a rule that "All payments to 'Landlord' under $10,000 are auto-approved," while "Any payment over $5,000 to a new vendor requires CFO sign-off."

This logic prevents bottlenecks for routine expenses while maintaining strict control over outliers. It allows the finance function to scale without losing oversight.

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its [partner banks](https://americandeposits.com/banks-we-work-with/). International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.

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