CoFi Software Release Notes | July 10, 2023

NEW FEATURES:

Expanded Permissions for Owner-Builder Users

Lenders may now grant expanded permissions to builder organizations that combine the roles of builders and borrowers, giving them access to more information on the job, such as soft costs. 

Lenders may grant expanded permissions by going to Project Settings > Contacts and clicking the 3 dot menu next to the Contractor role. 

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Digital Payments | User Identification 

Users with Digital Payments enabled are now easily identifiable with a unique icon next to their organization name. 

This will allow Funders/Controllers to ensure payees are set up with digital payments prior to initiating an ACH transfer. 

To learn more about CoFi's digital payments feature, give us a call at 435-557-0412 ext 1. 

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IMPROVEMENTS:

• Small visual and functional UI improvements 

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BUG FIXES: 

These were the bugs detected and they have now been fixed.

Payment Requests:

• Users editing and resubmitting a Batch Payment Request experienced duplication of their draw instead of  changes being updated in the existing request. 
• A calculation error in Batch Payment Requests were preventing users from submitting a request. 
• Users were unable to toggle between Single and Multiple payee selection in a Batch Payment Request. 
• In some use cases, changes made in a Batch Payment Request wasn't prompting a re-approval flow. 

Project Management:

• Lenders were unable to toggle between Percentage and Amount retention type in Job Settings. 
• In some use cases, retained funds were being drawn into the negative. 

Organizations:

• Users accessing a guest link received an error message that the provided password was invalid.