At Nordflow, we have been quiet the past couple of months. We are brewing on something big, we are releasing next month, bringing easy payments directly to you on our platform:
Nordpay Launch 🚀
We will be launching our new payments module Nordpay in May, offering you the absolute best and cheapest option on the market to directly pay national and international invoices, employer expenses and even salaries, without having to log in to your netbank every time. Stay tuned for our launch in our upcoming release notes and email newsletter
We are currently looking for beta testers! If you have one of the following banks, and wish to hear more, please reach out to us on [email protected] :
Nordea
Danske Bank
Sydbank
Jyske Bank
Djurslands Bank
Nordfyns Bank
Kreditbanken
Ringkjøbing Landbobank
Sparekassen Sjælland-Fyn
Skjern Bank
For now, we'll start by revealing what we have released this year:
New functionality
Reject to quarantine: We have expanded the functionality of rejecting documents, so you can move them back to quarantine, in case you would like to place the document on hold, without taking space in the approval flow.
How to allow an approval group to reject to quarantine:
Go to settings - approval groups
Click on the group who should have this access
Go to the groups permissions
Set reject permissions to "Reject to quarantine"
When this group rejects a document, it will now go to quarantine.
Document change logs: We now display a new tab on the document for admins, to view a log of all changes happening to a document. This creates transparency for knowing who, when and how fields may have changed values in Nordflow
Advanced first approver rules: We have added a new ruletype to our first approver rules. This allows you to set multiple parameters that has to match, to send a document to a specific group. It is very powerful in more complex setups, where you may have several projects connected to a single supplier. Now you can specify when the document comes from a specific supplier and has a specific project connected, it will go to a group:
You can also add several more parameters to the rule, if it has to check for specific keywords on the document, while also checking for the supplier, example:
Improvements
Updated validators: We have rewritten all our validation logics that checks for duplicates, supplier payment info match etc., to improve security and stability across the checks we perform on the platform. We have also updated the quarantine view to apply same set of validators, so you can easier handle errors and warnings
Added document to vendor creation: When creating new vendors, we now show the document in the popup, to make it easier to fill our relevant information
Updated accrual logics: For Fortnox and Business Central ERP systems, we have made various updates to the accrual logics, that are more in line of how those systems handle accrual internally. It is also now possible to accrual specific jounal lines in BC. You can now view current accrual information, as well as see a new column in the document overview, displaying if a document has been accrualed
Dates are writable: Until now, you had to select to dates on document details from the dropdown selector. Now you can write the date, and it autoselects in the date selector, without having to use your mouse:
Bug fixes
Various bug fixes across the platform: We have fixed many smaller issues regarding visibility, sorting, search functions etc. reported by you users, thank you!
Future work:
We want to reveal what we have been working on lately, that will have a great impact on our future products:
Nordpay: In May, you will no longer have to log in to your netbank, or wait for the bookkeeper to finalize the document in your ERP system, to perform payments. We are going to offer paying your invoices directly through Nordflow!
In a new easy-to-use module, you will be able to see all upcoming payments, credit notes and connected bank accounts, to get a proper overview of your finances, while planning and sending the payments directly through our platform, and a simple MitID/BankID approval.
Key features:
Group payments - No need to manually calculate credit notes, or request refunds from suppliers. By grouping payments together, we automatically deduct the credit notes from the payment, so you don't have to
Multiple payment approvers - Need more people approving a payment? Approve from Nordflow based on existing users
Plan ahead or pay now - Choose your own payment date, to have proper control over your payments
See balances across all bank accounts - Transparency is key. Easily make sure you have the available funds for your payments, and see a list of all your different bank accounts
International payments - Pay with IBAN for FREE, international payments have never been easier
Screenshots:
The new module will be available for both Danish and Swedish customers, rolling out with support on the largest banks in May 2024. If you wish to hear more, please contact us at [email protected]
