APLYiD; New AML Product within finPOWER Connect

APLYiD is an Anti-Money Laundering (AML) product that allows businesses to verify the identity of their customers, simply and easily. In order to use APLYiD within finPOWER Connect you must be licensed for the following modules: Web Service and Automation - finPOWER...

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“My List” Tab Added To Reporting View

The Reporting view in finPOWER Connect Cloud now has a "My List" tab which allows users to add reports that they commonly use to their own custom list. For example, users can add shortcuts to commonly used reports including any parameters and export options. The...

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Tasks View Future Dating

The Tasks view in finPOWER Connect Cloud can now show Tasks "as at" a specific date. For example, you may wish to see what Tasks (e.g., Accounts to review) are not due just yet but will be due by the end of the week. The online demo lets you check out the latest build...

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“My List” Tab Added To Tasks View

The Tasks view in finPOWER Connect Cloud now has a "My List" tab which allows users to create their own custom list. For example, users can add shortcuts to commonly used items from any of the other tabs or add their own new, completely custom, items. The online demo...

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Version 3.02.04

We are pleased to announce the release of finPOWER Connect version 3.02.04. To upgrade to this latest version please contact Full Circle or see the Downloads page. Accounts Loan Accounts Added option to round-up the Regular Payment Added option to adjust the final...

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Balloon Payments

A Balloon Payment is a larger than normal payment made at the end of a Loan. Quite often in finPOWER Connect the actual Balloon Payment is a few cents lower than the value entered. This is because Payments and Interest can only be debited/ credited to a Loan Account...

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Mobile Apps for finPOWER Connect

Using finPOWER Connect Cloud and Portals, it is now possible to use finPOWER in the cloud for: Internal Users (Finance Company staff) External Users (e.g. Dealers via either finPOWER Connect Cloud or a bespoke Portal) Clients (e.g. Client Connect Portal) Previously...

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Version 3.02.03

We are pleased to announce the release of finPOWER Connect version 3.02.03. To upgrade to this latest version please contact Full Circle or see the Downloads page. Some of the highlights include:Clients New Client Bank Account Change wizard Loan Accounts New option to...

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Version 3.02.00

We are pleased to announce the release of finPOWER Connect version 3.02.00.To upgrade to the latest version please contact Full Circle or see the Download page.This is a major release, including updated database and many new features. Please take your time...

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Forced Test Mode

Along with the introduction of "Cost Centres", finPOWER Connect version 3.2 also adds a new "Forced Test Mode" option.This forces finPOWER Connect to use third party service "Test" environments, rather than the "Production" or "Live" environment - or to...

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Cost Centres

finPOWER Connect version 3.2 introduces the concept of Cost Centres for tracking calls made to third party interfaces such as Credit Bureaus. In other words, finPOWER Connect now better supports users that want third party credentials and other settings to...

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Rebate Processing – Recommended Procedures

BackgroundAccounts with Elements setup with rebates on them will be automatically rebated when using the individual Account Close wizard.The screen below shows an Element setup with a rebate, as per Admin, Elements, "Credit/ Rebates" page:An Account with...

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Optimising Account Processes

One of the most time consuming operations within finPOWER Connect is Account Processes.Of course, for most Users, this is not really of any consequence. However, for Finance Companies with tens of thousands of Accounts, the time Account Processes takes may...

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Version 3.01.13

We are pleased to announce the release of finPOWER Connect version 3.01.13. To upgrade to the latest version please contact Full Circle or see the Downloads page. For release notes click here. [sc...

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Version 3.01.11

We are pleased to announce the release of finPOWER Connect version 3.01.11.To upgrade to the latest version please contact Full Circle or see the Downloads page.Some of the highlights are:Credit EnquiryCentrix; updated to handle future "Gen2"...

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Xero General Ledger Interface

finPOWER Connect now directly integrates to Xero's web based Accounting application.This means your Bank Transactions and Manual Journals can be posted directly into your Xero organisation.OverviewFrom version 3.01.11, finPOWER Connect supports a direct...

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CCR – A project for 2019

The Australia Credit Bureaus are keen to see many more Comprehensive Credit Reporting (CCR) clients coming on board in 2019. The Big four banks were mandated to participate in CCR by July last year so there are now millions of CCR records available on...

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Open Banking

Need to know about Open Banking? This article is a good start in appreciating the changes Open Banking is likely to bring to the industry. finPOWER will be at the fore of any changes and will ensure you are kept abreast of the changes.   1. What is open...

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Client Type Change

The Client Type Change wizard allows a Client that has been added with the incorrect Client Type to be changed. I.e. from Individual Client to an Organisation Client. The Client Type cannot be changed if the client is a Special Client i.e. linked to a...

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