Hey there!

This month we've released a new feature to help manage supplier registrations, a number of improvements for our Contracts Notifications, and a new option for cleaning up Supplier Invitations in bulk.

Supplier Registration - Foreign Currencies

When a Supplier receives an invitation to register, we give them the option to choose a currency. Consistent feedback told us that customers want suppliers to record transactions in the same currency (eg: If I operate in USD, the supplier should use USD). 

Having the supplier register in a different currency creates a lot of downstream confusion and can even cause breaking errors in your integrated finance system. 

We now have a new setting, Allow Foreign Currencies, that can be set on your Registration tab. This is a global setting, and if switched off, any new suppliers must register in your currency:

If you only want suppliers to transact in USD, make sure this is switched off.

We're interested in your feedback on applying this setting to each individual registration. This could be a beneficial enhancement as it may allow you to make an exception for individual suppliers. 

Let us know if you'd be interested in this, or any other feedback on this feature!

Other Enhancements this month

These are due to release this coming weekend (29th June):

• Our Contract Expiry warnings will correctly check if the Contract is active or not. As you update the Contract status, the warnings will reflect the changes!
• We have a number of new options on Contract Notifications to make them recurring. You could use these to create a reminder to review the contract pricing monthly, quarterly or annually, or any other contract detail you might want to regularly check.
• The Supplier Invitation upload now includes a 'Cancel Invitation' column. Set this to 'Y' to cleanup and remove existing invitations.

What's Coming

Details on our new Create Invoice screen will be available in the next two weeks! 

We're also starting to look at enhancements to our Supplier Request process. With these changes, any user will be able to action any request, rather than assigning requests to specific users. Look out for that one within the July-September quarter!