10.11.0 Release Features and Functionality (November 2020)
Payables Module
BQPay Offers Fully Featured Integrated Payables with Digital Payments
The BQPay Module provides robust B2B electronic payment capabilities within the BuyerQuest platform for swift settlement, access to multiple payment methods, and detailed transaction tracing to enable frictionless and secure settlement.
BQPay offers no-risk immediate settlement benefiting both suppliers and buying organizations. Suppliers benefit from guaranteed payment and buying organizations can leverage configurable controls and payment methods within a single platform.
Functionality includes:
- SSO integration with a secure payment solution;
- Invoice batch submissions via API for payment;
- Payment scheduler;
- BQ Payment authorization document; and
- Enhanced Invoice status functionality and powerful workflow to support payment-related processes and efficient status tracking.
BQPay introduces the persona of the Payment Manager for paying or scheduling payment of invoices.
Example: Pay Invoices Grid Available from the Main Menu
See Documentation Topics:
BuyerQuest Pay Overview - Secure Settlement
Payment Integration
Manage BQPay Companies
User Permissions (ACL)
User Management
Manage Supplier Information
Pay Invoices
Email Notification Management
Integration Logs
Credit Memo Reconciliation Rules May Be Configured
Buying organizations benefit from expanded payables functionality with the ability to configure Credit Memo Reconciliation Rules similar to Invoice Reconciliation Rules. Credit Memo Reconciliation Rules may be configured and available in a Rules Grid and Lookup Table. Lookup Rules may also be imported and exported.
The addition of lookup tables for Credit Memo Reconciliation Rules offers increased oversight and efficiency in the Credit Memo Reconciliation workflow. Determination of responsible approvers through a lookup table saves effort in rule configuration by consolidating rules for the same condition but involving different approvers.
Example: Credit Memo Reconciliation Rule Configuration
See Documentation Topics:
Credit Memo Reconciliation Rule Management
Credit Memo Lookup Rules and Lookup Table
Credit Memo Reconciliation Lookup Table Import
Configuration to Select Whether Supplier Invoice/CM Number is Editable
A configuration has been added to specify whether a Supplier Invoice or Credit Memo Number is editable after submission. The ability to lock in the number enables buying organizations to comply with strict audit requirements and to avoid any inadvertent errors during Invoice and Credit Memo entry and processing.
Example: Configuration for Editable Invoice and Credit Memo Number
See Documentation Topics:
Payables Configuration: Invoice and Credit Memo Configuration
Marketplace Module
Approvers May Be Added Manually during Edit Request
The BuyerQuest platform enables Users to manually add Approvers and Watchers when editing a Request. This added capability accommodates flexibility in the approval process and increases efficiency in the procurement workflow. Manually added Approvers are placed at the end of the Approval Chain and may then be repositioned,
cXML Requests May Be Imported
BuyerQuest expands the platform's integration points by enabling Requests to be imported via cXML. Items from imported Requests will be considered non-catalog items. Requests must conform to an import specification and header and line-level files will be validated.
Example: Imported Requests Grid
See Documentation Topics:
Request Integrations
Request Import - cXML Specification
Imported Requests Grid and Details
Email Notification Management
Integration Logs
Billing Locations May Be Edited on a Request
Users may update Billing information on Edit Request and Review Request pages. The Billing Location is accessible at the header level for quick and easy review and updating.
Accounting String Updated at Checkout for Users Not Able to Edit Accounting
Accounting Strings and Commodity Group to GL mappings will be automatically updated at Checkout for users not permissioned to edit accounting. The automated update results in successful validation at Checkout for clear creation of Requests.
See Documentation Topics:
Platform Module
Products with Common Fields Export Offers Navigation to Products in Marketplace
The product url field has been added to the Export of Products with Common Fields to enable buying organizations to quickly navigate from the Export file to products in their Marketplace.
See Documentation Topics:
Custom User Attributes Display in User Record
User Attributes may be configured for display and editing in the User Record, resulting in easy access, reference, and maintenance of User attributes for Administrators.
Example: User Attributes Accessible from User Information
See Documentation Topics:
Extrinsics Defaults in POOM Configuration
A Punchout Connection configuration has been added to enable the system to read extrinsics in the Punchout Order Message (POOM) and capture the values of specific product attributes to pass back to buying organizations from Punchout suppliers.
See Documentation Topics:
Business Intelligence Module
Good Data ASN Export Capability
The BuyerQuest platform offers an additional integration point from Good Data featuring an ASN Export to be used for tracking Purchase Order items that have been shipped.
See Documentation Topics: