December monthly product update

We’re thrilled to introduce two new features to streamline your finances. Our new Accounts Receivable (AR) feature lets you create invoices and manage cash flows, while MEPS (MAS Electronic Payment System) provides a faster, more reliable way to handle high-value SGD payouts to Singapore. Plus, with our new support widget embedded directly into your Client Portal Dashboard, you can quickly raise queries and receive real-time help. Keep reading for more details on how these enhancements can benefit your business.

Our new Accounts Receivable (AR) feature lets you manage invoices and cash flows directly from your Finmo dashboard - say hello to faster collections and better visibility!

• Generate Invoices: Create and send invoices quickly and professionally.
• AR Analytics: Track cash flows, outstanding balances, and AR aging.
• Recurring Invoicing: Automate repeat invoices to simplify your billing cycle.

Learn more

MEPS: Unlock Larger Payouts in Singapore

Handle high-value SGD payouts confidently with our newly introduced MEPS (MAS Electronic Payment System) option.

• High-Value Transactions: Payouts above 200,000 SGD (which is the upper limit for FAST/Paynow transactions)
• Fast Processing: Settled within 24 hours for quicker access to funds.
• Payment Method Names:
  • Domestic: MEPS - sg_bank_mepspayment_sgd
  • GCA: MEPS - sg_bank_meps_sgd

Next time you need a large payout to Singapore, give MEPS a try for faster, more reliable transactions.

Support Widget: Help Is Just a Click Away

Support just got simpler with the launch of our new support widget. Now you can raise tickets on the dashboard by sharing details:

• Issue type
• Reference ID
• Subject
• Screenshots (if needed)

No more juggling between screens - just open the widget, drop in your details, and get real-time help. Read more.

https://docs.finmo.net/docs/ar-invoices