Delete and Archive Payruns

You can now delete and archive payruns. The system retains a complete audit trail, allowing you to archive a payrun whenever an event is logged. If a payrun is created but no approval or rejection takes place, it can be deleted. This provides flexibility while preserving the accuracy and integrity of the process.

Immediate Payrun Processing After Authorisation

If your payrun needs to be processed urgently, you now have the option to either specify a payment date starting the day after payrun creation or choose "Immediately after authorisation." This gives Accounts Payable teams flexibility to follow standard processes while having an option for urgent execution when necessary.

Improved Merchant Selection

Managing multiple merchants within the NoFrixion platform is now more efficient. If you handle more than 10 merchants, you can quickly search for a merchant by name and select it from a convenient modal screen, streamlining the process of switching between merchants.

Insufficient Funds Check for Batch Payments

When authorising multiple payouts in a batch process, the platform will now alert you if any payouts cannot be processed due to insufficient funds before the authorisation screen is displayed. This allows you to deselect the affected payouts and proceed with the rest, ensuring a smoother and more efficient process.

Bulk Actions for Payouts

When managing your pending payouts, the platform now offers a quick and easy way to authorise or delete individual payouts in bulk. It also displays the total amount selected, helping you keep track of your selection, especially when handling payouts across multiple pages.

Enhanced Payrun Workflow

The Payrun workflow has been updated, enabling you to edit, reject, or add funds—all within the same interface. These enhancements are designed to streamline the process for payrun creators and approvers, offering all the necessary tools for a complete end-to-end workflow.

Delete Payruns

You now have the ability to delete and archive payruns. The system maintains a full audit trail, allowing you to archive a payrun whenever an event is logged. If a payrun is created but no approval or rejection occurs, it can be deleted. This ensures flexibility while maintaining the integrity of the process.

Add Funds and Top Up Your Account

You can now add funds to your account either through internal transfers or by using our payment experience to initiate a bank transfer from your traditional bank account to your NoFrixion account. This feature leverages the benefits of Open Banking for a seamless experience.

Table View for Accounts

Managing multiple accounts just got easier! When you have more than three accounts, our new "Table View" automatically switches your account display from cards to a detailed table format. This feature allows you to view all your accounts at a glance, making it easier to manage your finances. You can now search and sort your accounts with ease, ensuring quick access to the information you need.

Internal Transfers via Payouts

Now, when creating a payout, you can easily select any of your own accounts to perform an internal transfer. Whether you're moving funds between your accounts, sending money to a beneficiary, or adding a new destination by entering an IBAN, all operations can be done by just creating a Payout.

CSV Export for Accounts

Now, you can export all your account information to a CSV file with just a few clicks. This feature is especially useful when you need to import your account details into other software, such as your accounting platform or ERP system. Streamline your data management process and ensure your information is always up-to-date across all your tools.

Beneficiaries Management

Simply navigate to the "Accounts Payable" section, where you'll find a new tab labelled "Beneficiaries." Here, you can effortlessly add, edit, and organize all your beneficiaries in one convenient place. Control which accounts are authorised to send money to each beneficiary, providing enhanced security.

Batch Import for Payouts

You can now create multiple payouts quickly and efficiently using our batch import feature. Simply download the provided CSV template, add your payout details, and upload the file. You have the flexibility to create the payouts for later authorization or authorize them immediately within the same import process, making the entire procedure fast and convenient.

Payruns improvements: Activity and Workflow

When working with payruns, the interface now displays the steps required to complete the workflow and highlights the current status. On the right side of your screen, you'll find a new Activity bar that shows the details for each step, including the timestamp, user, and notes.

Add Reference to Rule based payouts

You can now add a custom reference to every payout created and processed from a Rule. This feature allows you to customize the data attached to each payout, making it easier for identification and reconciliation.

Payrun from Xero Invoices

You will be able to generate a payrun directly from the approved invoices in your Xero accounting software. After importing the invoices, a payrun will be automatically created, allowing you to continue with your accounts payable process and finalize with the payment. This integration with the Xero platform will help to reduce manual data entry and improve efficiency in your financial operations.

Download Statements

With this update, you will be able to download your account statements directly from the MoneyMoov for Business platform. Simply navigate to your account details, and click on the 'Download Statement' button to receive a detailed report of all transactions within a specified date range.

Rules

Introducing the new "Rules" functionality. With this feature, you can now define certain monetary operations that will be automatically executed either when a payment lands in your account or based on a pre-defined schedule. This allows for a more streamlined and automated management of your financial operations, saving you time and providing you with a greater control of your finances.

Accounts Payable: Payruns

This functionality empowers Accounts Payable Managers and Assistants to effortlessly import their invoices into MoneyMoov for Business. Once imported, invoices are automatically grouped into single payments for each supplier, boosting efficiency and saving valuable time.

Customizable Columns

Our new Customizable Columns feature allows you to select or deselect columns on MoneyMoov for Business tables, tailoring the display to your needs. Focus on the information that matters most to you, making it easier to analyse and manage your financial data efficiently.

Manage Pagination Size on Tables

This feature allows you to choose how many rows you want to display on a single page in tables, giving you greater control over how you view your data.

Payment Request - Deep link

You can directly access a specific payment link without having to search for it. Navigate to Payment Request details and find a "Copy link" button. Clicking this button will provide you with a direct link (deeplink) to that specific payment request. This simplifies the process of sharing or revisiting specific payment requests, saving you time and effort.

New Dashboard!

This new dashboard isn't just a feature; it's a strategic partner in your financial journey. This is your financial command center, providing a crystal-clear overview of your business's fiscal performance. It's designed to keep you informed, involved, and in command, every step of the way. With this dashboard, you have more than data; you have insights that drive your business forward.

Scheduled Payouts

Initiating a scheduled payout is as simple as selecting a payment date. Our interface offers you the flexibility to choose a specific date, aligning your payments perfectly with your fiscal strategy. This feature gives you the reins, allowing you to schedule payments from tomorrow up to 60 days in advance, providing you with the control to navigate cash flow with foresight.

Payment Attempts

With 'Payment Attempts', you're no longer just seeing the end result; you're observing the story behind each payment. This can be critical for troubleshooting, customer service, and refining your payment processes. Every attempt, successful or not, becomes a learning point and an opportunity for improvement. Understanding the 'why' and 'how' of each payment attempt empowers you to make informed decisions that can enhance your customer's experience and your business's operational efficiency

Payout Activity

Transparency in transactions is key to business operations, and our 'Activity' feature for payouts ensures you have a complete, timestamped record of each payment's journey from initiation to completion.

Connected Accounts

All your finances in one platform. With Connected Accounts, you can now link your traditional bank accounts directly to your MoneyMoov for Business dashboard. No more logging in to different platforms or using separate apps to view your financial status. It's all here, seamlessly integrated for your convenience.

Accounts Payable: Payouts

You can now use MoneyMoov for Business to make your payments! Continuing with our developments on MoneyMoov for Business, you no longer need to switch from our developer portal and MoneyMoov for Business to manage your payments.

Batch Payment Authorisation

Introducing Batch Payment Authorisation—a seamless way to process multiple payouts at once. With just a few clicks, you can now select multiple payments for authorisation and execute them all in a single action. Simply choose the payouts you wish to process by first clicking on the “Pending” filter card, select the payments that you want to submit for processing and then click on "Authorise x payments," and complete our secure Strong Customer Authentication process.

Current Accounts

Your current accounts are now available in MoneyMoov for Business. As part of our developments with MoneyMoov for Business you no longer need to switch from our developer portal and MoneyMoov for Business to look at your current accounts, they are now integrated in our new platform. We are still working on improvements to make MoneyMoov for Business your all-in-one solution to manage your accounts and money operations with ease.