finPOWER Connect 4.00.00 Released

Wednesday, 11 January 2023

We are pleased to announce the release of finPOWER Connect version 4.00.00 dated 21 December 2022.

To upgrade to this latest version please contact your authorised Intersoft Reseller or see the Downloads page.

This is a major release, including updated user interface and many new features. Please take your time reviewing the changes before upgrading.

Version 4 of finPOWER Connect does not include any database changes and therefore there is no database upgrade.

WARNING: Although a database can be opened in version 3.4.x and 4.0.0 we only recommend you do so whilst testing changes. New features in version 4.0.0 may not be backwards compatible with earlier versions.

Some of the highlights are:

  • Clients
    • Added options for "Non-Binary" and "Other" Genders
    • New Client Class "Corporate Collective Investment Vehicle (CCIV)" added for Australia
    • New Client wizard now includes AKAs and Preferred Name for Person Acting for an Organisation
    • Contact Methods
      • Can no longer change the Contact Type under Admin, Contact Methods
    • Identification Items
      • Now support encrypting details on the database
      • Australian Medicare Expiry date updated to be month/ year only if Green card
  • Accounts
    • Deposit and Revolving Credit Loan Account Types; Interest on Interest and other properties are no longer overridden on an individual Account
    • Other Interest Type
      • New options for Account Utilisation Rate to specify the Rate on each Account rather than Account Type
    • Bank Transaction Reverse now automatically reopens "Closed (Pending)" Accounts
    • Account Document Logs; new Permission Key to prevent Users updating the standard Document Fee
    • Scripting; added script events for Account Withdrawals, Credit Limit changes and Interest Rate changes
  • Quick Search 2
    • NEW
    • Much improved and optimised searching
  • Task Manager 2
    • NEW
    • Much improved and optimised Task Manager
    • New Script Type "Task Manager 2 Folder" to customise folders, including folder count and content
  • Web Browser Control
    • Original Internet Explorer-based control removed
    • All Web Browser controls have been replaced with the new Microsoft Edge WebView Control
  • External Parties
    • New option to auto-sequence External Party codes
    • Updating related Client now amends the External Party
  • General Ledger Interface
    • Default Export Id can now be customised
    • The General Ledger Export (New Interface) has been updated to include better Auditing information.
    • MYOB
      • Added optional "Memo" properties to Bank Transactions to customise information sent to MYOB
    • Xero
      • Added optional Reference" properties to Bank Transactions to customise information sent to Xero
  • Reports
    • Report Templates; Default Printer Settings can now be specified for a Report Template
    • External Party List Report; added new columns for BDM
    • Deposit Trial Balance Report; added option to specify Decimal Places in Interest Rate columns
    • Tax Period Reconciliation Report; added ability to export Data
  • Bank Interface
    • Zepto (formerly Split Payments)
      • Updated to include more information in the Description sent to Zepto
      • New option to automatically send Bank Transactions when an Account is Closed
      • Direct Debit Payments now include additional validation
      • Direct Debit Payments now handle 422 Unprocessable Entity errors better
  • Credit Bureaus
    • Credit Bureau Defaults
      • New closing status of "ARCHIVE" added to handle NZ defaults older than 5 years
    • APLYiD
      • Reference field added to override the standard Reference used
      • New information included in the Report, including:
        • Device data such as Browser, Device Type, ISP and location with map
        • Australian Drivers Licence Card Number
      • Added ability to download Verification results without using Webhooks
      • Added option to create or update the Client's image from the verification results
      • Added option to create a Client Identification Item from Verification results including ID document image
    • Centrix
      • Name Match Insolvencies product replaces Name Only Insolvencies
    • Credit Sense
      • Bank Account Enquiries for Credit Sense Version 1 can no longer be started - you should move to using Credit Sense Version 2
    • RealAML
      • Updated to latest specifications, including date/time completed, IP Addresses and Australian Drivers Licence Card Number
      • Added option to create or update the Client's image from the verification results
      • Added option to create a Client Identification Item from Verification results including ID document image
    • NZ Government
      • Support for new cloud based API added and old API interface removed for NZBN and NZCO
      • NZCO Entity Role Search Summary Page updated to make it clearer where the associated company is Removed
  • Document Manager
    • finPOWER 5 Compatible Folder Structure option removed
    • PDF Files are now shown in the Preview pane
  • Electronic Signatures
    • Secured Signing
      • Added ID Check Smart Tag
      • Added Custom Options for Smart Tags
  • Security Enquiry
    • InfoAgent
      • Added "Rego plus Valuation" product
  • Security Register
    • Australian PPSR
      • Add default options for Security Statement Items
    • New Zealand PPSR
      • Support for new cloud based API added and old API interface removed
  • Script Editor
    • Updated Script Editor
      • Function Explorer; Rewritten with more functionality and support for C#
      • Added Option to change the Code font size
      • Help
        • Microsoft Help shown where appropriate
      • Intellisense
        • External references now supported
        • Included libraries are now supported
        • Exclusion list can now be defined
      • Prompt to view differences when updating Script
    • Difference Viewer
      • Difference algorithm and viewer updated
      • New options to swap panes, go to first, previous, next and last difference
      • New options to paste standard blocks, function libraries, template code and code snippets
  • HTML Widgets
    • New
      • New option to include "Apex Charts" Javascript library
      • Process Interest Payouts HTML Widget added
      • Account Restructure HTML Widget added
      • Override for NZ Investment Income Report Export
      • Cloud Connect Configuration
        • New option to override the New Client form
        • New option to override the Account Interest Rate Change form (including history)
    • Updated
      • New Client HTML Widget updated to include AKAs
      • Account Financial Control; Account Type setting "Allow Entry of Total Interest to Calculate Interest Rate?" now respected
      • New Account "Payment Schedule" and "Overriding Payments" options added to Financial page
      • User Dashboard 1 has been updated to use Task Manager 2 functionality
      • Import Bank Transactions HTML Widget updated to support Background Processing
      • Centrix NZ Credit Bureau Enquiry HTML Widget has been updated to support "Name Match" Insolvencies
      • illion BankStatements Bank Account Enquiry HTML Widget updated to support BrokerFlow integration
      • Tabs now support icons
    • Portals
      • Ability to configure File Upload restrictions
      • Client Connect Sample Portal
        • "Documents" page added
  • Obsoleted Functionality
    • Obsoleted functionality flagged as "CRITICAL" have been removed
    • Obsoleted functionality flagged as "IMMINENT" have been removed
    • Web Interface removed from Global Settings as no longer supported
  • Auditing
    • Added auditing to Admin, Identification Types and Rate Tables
    • Added additional auditing for Account Types and Entities
    • Added additional auditing for Account
    • Added Activity Log to audit Bank Transaction import
  • finPOWER Connect Cloud
    • Favourites List added to allow processes and Reports to be favourited and quickly accessed
    • Admin libraries added
      • Account Roles
      • Account Types (partial)
      • Branches
      • Bank Branches
      • Cash Registers
      • Client Groups
      • Contact Methods
      • Departments
      • Elements
      • GL Accounts
      • Identification Types
      • Log Severities
      • Monitor Categories
      • Security Types
      • Statistic Types
      • Tax Categories
    • Processes added
      • Annual AML/CFT Report (New Zealand)
      • MotorWeb Security Enquiry
      • Process Interest Payouts
    • Account functionality added
      • Restructure
    • Summary Text Scripts can now be used to customise form headings for main record types
    • Added ability to duplicate Clients and External Parties

For a full list of all the release notes click here.