New features and updates to Capchase Pay

Capturing Free Months and Sales Tax in the Payment Link

You’ll notice key improvements to the payment link experience, including how we capture and show free months and sales tax.

👉  If your company offers free months as part of a first-year promotion, you can now appropriately note that in the payment link.

✅  Improved way to account for Sales Tax, via a toggle and percentage input, that’s fully integrated into preview and total calculations. You also have the ability to “apply to all” line items for fast bulk edits.

🔄 New simple toggle to distinguish recurring charges from one-time fees like setup or implementation.

Better visibility for you and your buyer, and improved reporting and reconciliation for finance.

More visibility and context into the buyer approval status

See clear reasons for the different buyer qualification statuses: manual review, rejection, and input required, as well as the ability to self-correct buyer information when necessary, leading to faster buyer approval results. We want the process to be as simple and fast as possible for you!

Salesforce Package update

For those who use our Salesforce application, update to the latest package 1.26 to enjoy the following updates:

• You can now specify net 30, 60, 90-day terms more easily when creating a payment link in Salesforce
• The tax ID field is now optional when you create a buyer (this information helps speed up the qualification process)
• Ireland is included in the country picklist when you are submitting a buyer for approval

Both net terms and tax ID fields can be prefilled syncing with other fields and records in Salesforce to make it more seamless for users.

Buyer approvals for deals over $250k

For deals over $250,000, we generally have to review the buyer’s financial position for financing eligibility, and have made it easier for them to securely share this information with us. The buyer is sent a secure link where they simply upload their recent Tax returns, CPA-audited financials, or bank statement. Then we conduct our review and notify you and your buyer of the results.