How a supplier payment works
In this diagram, blue steps move money, light blue steps are validations, and dashed yellow steps are notifications.1
The business connects its accounting or ordering software
An administrator of the business authorizes the software to prepare supplier payments on its Broco account.
2
The supplier is an authorized beneficiary
The business adds the supplier to its beneficiaries in Broco. Broco shows the verified name of the supplier’s account.
3
The software prepares the payment
The software sends the beneficiary, the amount, the currency and the invoice reference. The payment waits for approval.
4
An authorized user approves
A user with approval rights reviews the supplier, the amount and the invoice in Broco, then approves or rejects.
5
Broco transfers the funds
Broco debits the business balance and credits the supplier’s balance. The software receives
supplier_payment.succeeded.6
Both parties reconcile
The business and the supplier see the payment with the invoice reference in their Broco history.
The software’s credentials identify the integration. They do not authorize spending: every payment needs the approval of an authorized user of the business.
Scope
Supplier payments move funds between two Broco accounts, in the currency of the payment. They do not cover bank transfers, currency exchange, credit, invoice financing, direct debits or international payouts.When a payment does not go through
Next steps
Quickstart
Pay a 320 000 DZD invoice step by step.
Supplier payments API
Fields, statuses and examples.