Answer
Payments that are set-up for check issuance (generally a non-employee) will be queued in the next check run following the final approval. Check run takes place every Thursday at 8:00 AM (for OSUP) and 10:00 AM (for UNIV).
Payments that are set-up for EFT or direct deposit will be queued following the final approval in the daily settlement run at 10:00 AM.