Release Notes - December 2021

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Release Notes - December 2021

Check out the major updates, enhancements, fixes and new features released in Dec 2021.

• Improved Reporting Access

• Dashboards

• BHPH

• Allow BHPH to access files attached to the deal

• New BHPH Permissions

• Deal

• Automated Interest Rate Texas

• Manage Deal Status Permission

• GWC - Optional Fee for Commercial Use

• Inventory

• Stock # Auto-Generation Updates

• Auto Stock number Generation Fixes for New Vehicles

Improved Reporting Access

New Features Include

• Easier access to report without having to go into each module
• The ability to open results in a pop-up instead of a new tab

 

Dashboards

New Features Include

• An improved user experience
• A number of new charts and reports
• The ability to set a dashboard as the DC homepage
• Much more

 

BHPH

Allow BHPH to access files attached to the deal

We have introduced the ability to view and access deal attachments from the BHPH. The user will now see a new Deal tab Files tab in the BHPH. Clicking on this new Deal tab will allow the user to access any files that had been attached to the deal record for this BHPH account.

 

 

New BHPH Permissions

We have added new permissions for BHPH to allow for more nuance in the types of functions that users can perform. These permissions will be enabled for all users with the “BHPH Payments and Account Adjustments” permission, but it can be disabled to restrict that user’s ability to take the following actions

 

Can Change Due Dates

 

Removal of this permission will disable the Change Due Date function for all BHPH accounts.

 

Can Change Payment Effective Date

 

Removal of this permission will disable the Effective Date field in the BHPH payment window, preventing the user from changing the payment effective date.

 

Can Modify Loans

 

Removal of this permission will disable the Loan Mod/Recontract function for all BHPH accounts.

 

Can Waive/Defer Partial Late Fees and Other Fees

 

Removal of this permission will restrict the user’s ability to waive or defer late fees when taking a payment. The waive/defer selector will be disabled and Collect will be the only available option.

 

Deal

Automated Interest Rate Texas

We have included a new deal setting in Texas that will automatically calculate the APR for BHPH deals based on the vehicle’s age and the loan term. The rates are based on the rules and limits established by the Texas OCCC:

https://occc.texas.gov/industry/motor-vehicle-sales-finance-mvsf/rate-charts

 

After enabling this setting, the user will see that the APR is automatically filled on both the Deal Entry screen and the Deal Screen

 

Manage Deal Status Permission

We have added a new permission to restrict a user’s ability to change deal statuses. This permission will be enabled for anyone with the “Manage Deals” permission, but it can be disabled to restrict that user’s ability to change deal statuses.

 

Removal of this permission will disable the Deal Status selector for that user. The user will be able to save the deal, but they will not be able to change the status.

 

GWC - Optional Fee for Commercial Use

We have added a new step in the process for getting VSC rates for GWC that will ask the user if the vehicle is intended for rideshare/commercial use. The answer to this question will return different rate results.

 

Inventory

Stock # Auto-Generation Updates

We have added new settings to allow users to individually enable/disable stock number auto-generation for new vehicles, trade-ins, and repossessed vehicles. We previously had a single setting for all three categories of inbound vehicle.

 

Additionally, we have added a new setting that will allow the user to apply the new vehicle stock numbers auto-generation rules to trade-ins and/or repossessed vehicles if they want all vehicle to follow the same format and sequencing.

 

Auto Stock number Generation Fixes for New Vehicles

We have changed the timing of when the stock number was automatically created when a new vehicle is created. Previously, the stock number was assigned before the vehicle was actually saved, which caused a spot in the sequence to be wasted if the vehicle entry was abandoned before save. With this change, the stock number will not be assigned until the new vehicle record is saved. The user will have the ability to click the New button to generate the stock# if they don’t want to wait until the save of the new vehicle.