In the latest update, we focused on the soon-to-come Payments tools, and there's more about that below. We also improved compatibility for the Make a Payment page for users with older browsers. See details in the release notes, and read on for more about what's coming.
A little about the upcoming Payments tools
We're in the home stretch of development for the Payments tools, and we're looking forward to beginning the pilot program in the next couple of months. So, we wanted to give you some insight into how these tools will work as we get closer to the launch date.
Once enabled for your account, the Payments dashboard lets you view accounting details and manage funds for each order. In the Order Summary tab, you can view orders in a date range or search for a specific order. The information in this view is organized by columns, and here are some of the most important ones:
- Receivables (amount due from the borrower)
- Received (payment received from the borrower)
- Receivable due (the amount due, less payment received from the borrower)
- Payable (the amount owed for the appraisal)
- Payable due (the amount owed, less amount paid)
You can double click any order to see detailed transaction information, including amounts, dates, remaining balances, and more. There's also a link to easily access the order details if you need to edit or communicate about the order.
You'll also see an Invoice tab where you can search for invoices, as well as a Transactions tab which lets you search for specific transactions.
Transactions include individual charges to credit cards, refunds, chargebacks, debits to your account, and payments. For credit card transactions, there's a link that lets you refund, charge back, or void payments, depending on the status of the transaction.
So there it is, a very broad overview of the Payments dashboard, and we'll be sharing more over the next several weeks as we approach the release date. In the meantime, if you're interested in using these features when they become available, contact Client Relations at 1-800-900-4954 and they'll let you know what to expect.