What action does the CEFT button trigger at the time of the payment proposal?

The CEFT button is specifically designed to trigger an interface between GFEBS (General Fund Enterprise Business System) and the CEFT system. This integration is important for ensuring that electronic fund transfers are processed efficiently and accurately. By activating the CEFT button at the time of the payment proposal, users can initiate required transactions that facilitate the automated movement of funds between financial systems, thereby streamlining payment processes and ensuring compliance with financial regulations and procedures.

This interface is a crucial element in data management as it ensures that payment information is accurately reflected across different systems. While the other options pertain to important financial processes like vendor reviews and assessments, they do not specifically relate to the functionality triggered by the CEFT button.