We would like to utilize payment assistant to process our restricted grant payments as we believe it could help streamline our workflows and improve efficiency.

To my knowledge there isn't an audit trail nor is there a way to lock down a vendor if their banking information has been added or changed. In order to move forward with payment assistant, we need additional security controls around EFT sharing and approval processes. Given the sensitive nature of these transactions, having an added layer of review and authorization would be important for us to ensure appropriate oversight and compliance with our internal controls.