GENERAL UPDATES
Update: Delete OOS from Payments
Added the ability to remove/delete OOS entries directly from unapplied payments without needing to delete and recreate the payment.
Update: Duplicate Reference Number Warning Option
Added a new factor-level setting to allow duplicate Reference Numbers. When enabled, duplicate Reference Numbers will display as a warning during invoice creation and imports instead of blocking creation. The warning will also display matching invoices with the same Reference Number.
Update: Dashboard Daily Receipts
Added Daily Receipts totals to the dashboard to display the total amount applied to invoices for the current day. Values are calculated from midnight through the current time based on applied invoice activity.
New: Credit Safe Report Integration
Added a new Credit Safe integration that allows users to log into their Credit Safe account, search for reports, and pull Credit Safe PDF reports directly within FactorCloud. Retrieved reports are automatically saved to the debtor profile.
Fix: Payment Import Completion Notification
Resolved an issue where large Payment imports could complete successfully without closing the import blade or displaying a confirmation message. The import process now properly updates the UI and displays completion notifications for large imports.
Fix: Sales Commission Report Fee Calculations
Resolved an issue where the Sales Commission Report was not including interest fees and certain manual fee ledger transactions in commission calculations. The report now properly includes all applicable fee activity when calculating commission totals.
⏳ In Progress (Not Yet Released)
The following items were not included in this deployment and will be released in future updates:
• Over Advances – Introducing improved handling and tracking of over advance amounts.
• Client Summary Report (Rebuild) – Rebuilding the Client Summary Report using our new reporting architecture for improved performance and accuracy.
• Cost of Funds – Introducing invoice-level cost of funds tracking. This enhancement will allow factors to configure an interest rate and view the cost of funds calculated per invoice based on outstanding advanced amounts.
• Referral Partner Commissions – We are working on a new Referral Partner Commission feature that will allow tracking and reporting of commissions for non-factor partners. This includes configurable commission structures and reporting to provide visibility into earnings by client and partner.