Hi there,
Transparency in cash flow is vital for every construction business. At Truss, we understand this need and continuously strive to enhance your payment experience. That's why we're excited to introduce our latest feature:
Track the progress of your payments in real-time and view estimated deposit dates.
Whether it's payables or receivables, you now have complete visibility into the progress of your payments, from payment initiation to funds settlement. We've also included an estimated deposit date, enabling you to plan your finances more effectively.
Note: When a Receivable has the status 'Available' (like in the image above) the funds can be spent right away on a Payable transaction or on your Truss cards.
To check the progress of your transaction, go to the Receivables or Payables table in your dashboard and click on any transaction. A sidebar will open up that shows the payment status in real-time.
As always, if you have any questions or feedback, please do not hesitate to send us a message or schedule a call. Thank you for your continued support!
Hi there,
We are excited to share two new features that have been highly requested! Our team has launched the Quickbooks Online Integration for receivables and added a new permission level for sales staff. Here are the details:
We've made it even easier for you to get paid! You can now sync your invoices from your Quickbooks Online account to your Truss dashboard. This allows you to import all outstanding invoices from QBO and automatically request payment through Truss.
When the payment's made, your invoice will be marked as paid in QBO and reconciled against your Truss general ledger account.
Learn more about how to set up and use Automated Receivables.
We've got some great news for sales teams too! We've added a new permission level that lets you invite your sales staff to your Truss account and allow them to create payment requests. They can only view the payments they created.
Learn how to add users and set permission levels.
As always, if you have any questions or feedback, please do not hesitate to send us a message or schedule a call. Thank you for your continued support!
Best regards,
Matthew Smith
CEO & Co-Founder
Truss
We are thrilled to announce some recently added new and improved features to our product. Our team has been working hard to make our platform more user-friendly and efficient. Here are the details of the new updates:
You can now search for payables and receivables by contact name or email. This new feature allows you to easily view all payments associated with a specific contact, making it easier to track your payments and vendors.
When importing and paying bills from your Quickbooks Online account, we match vendor email to Truss contacts. If a vendor does not have a matching email, you must create a new contact or select an existing one in the side panel.
Additionally, if you prefer to pay them via direct deposit, you can add your vendor's routing information right away and send funds directly to their account. Learn more here.
To get the latest status of your Quickbooks Online account, you can now easily re-sync your bills at any time on the 'Select bills' step.
When sending payments in bulk, the total amount is now clearly indicated on the 'Review payment' step.
As always, if you have any questions or feedback, please do not hesitate to contact us. Thank you for your continued support.
Hi there,
Today is the big day! Last week we emailed you about an upcoming name change, and now it’s live.
But that’s not everything: With our new name and brand, we are also launching a highly requested new feature: Universal checkout links.
More below.
You can expect the same trusted platform with:
You can continue to use your existing MazumaGo cards for the time being. We will replace these in the next few months with new Truss cards.
There will be no service interruptions with this change. To explain any branding adjustments to clients, please access our free email template. There is also a new security page you can share.
Over the last year, we’ve spent a lot of time talking to business owners in the industry and continue to do so every day. We understand how challenging it can be to run a construction business, manage job sites and maintain a healthy cash flow.
A truss gives a stable form capable of supporting considerable external load.
Similarly, we want to support you in doing your job and remove the added stress of sending and collecting payments. Our mission is to make moving money as simple as possible, so you can focus on what really matters: Growing your business.
More about our rationale behind the updates and what they represent for our company and you in our latest blog post.
It’s now easier for your clients to view and pay all of their payment requests in one place, and it’s simpler to collect payments for you.
From your dashboard, set your checkout ID to create a permanent link unique to your company. When your customers accept a payment request, they will be directed to a portal of all their outstanding and paid requests.
This means you no longer have to worry about different payment request links for each transaction. All payment requests for one customer are accessible through the same link.
See what the new checkout will look like for your customers:
We’ve put a lot of thought into our new look and product update, and we’d love to hear from you! We couldn’t have come this far without your support.
Let’s keep money moving.
Matthew Smith
CEO & Co-Founder
Truss
Hi there,
We started MazumaGo years ago as a payments solution for small businesses in Canada and quickly realized the need for an easier way to move large payments, specifically in the construction industry.
Three years later, with the support of countless clients like yourself, we are ready to announce a new name and brand to emphasize our mission to digitize construction payments.
As a new standard for construction payments, we wanted a name that shows we are 100% focused on building a product that solves payments for contractors.
A truss gives a stable form capable of supporting considerable external load. We understand how challenging running a construction business can be.
Our mission is to make moving money as simple as possible, so you can focus on what really matters: Growing your business.
On Monday, March 13th, you’ll see the same trusted platform you’ve come to love, but with a new look to emphasize this simplicity.
No action is required from you. On March 13th, you’ll notice a few changes in the way we look, but not the way we move your money.
Here’s what you’ll see:
You can keep using your existing MazumaGo Cards after March 13th. Any new physical cards ordered after March 13th will have the Truss logo and design. We will replace existing cards over time in the next few months.
When you send or request a payment after March 13th, your customers will see the new Truss logo and name. To smooth this transition, we have prepared an email template you can use to explain these changes.
There will be no service interruptions.
We couldn’t have come this far without you. Thanks for supporting us along the way and being as passionate about simplifying construction payments as we are!
Matthew Smith
CEO & Co-Founder
Truss
Hi there,
We've revamped the dashboard with small changes that will go a long way. Here's what's new:
You can now add a bank account to MazumaGo by manually entering the routing details from your third party bank account.
For banks not currently supported by Plaid, our online login partner, you can connect to your bank and verify your account through micro-deposits.
Learn more here.
We've added new filtering tabs to your payment tables so you can sort and find payments at different stages, faster.
Bank authorizations may occasionally require re-connection. When this happens, you'll now be prompted to re-connect your bank before proceeding with a payment.
We decided to temporarily sunset the ability to import bills via email and approve bills in your MazumaGo dashboard.
The feature was not yet up to our standard, and we plan to relaunch an improved version later. You can still view and pay bills from your Quickbooks Online account through the 'Send Payment' feature.
As always, don't hesitate to reach out to us with any questions, feedback or feature requests to help us build the best experience for you.
Best,
Matthew Smith
CEO & Co-Founder
Hi there,
January isn't even over, and we just launched our second product update of the year! Here's what's new:
ACH Payments from a MazumaGo account into a Third Party bank account now settle in 1-3 business days as opposed to 3-5 business days. Rest assured, we are working hard on accelerating this even more – stay tuned!
Running into issues with your daily or monthly transfer limit? Let us know! We are happy to work out a limit that works for your business.
We simplified creating and sending multiple payments simultaneously for a smoother, easier user experience. Give it a try!
Card purchases that have been declined will now show in the 'Purchases' table on your dashboard to give you better transparency and documentation on attempted payments.
We updated our Terms Of Service and Business Deposit Agreement to align with recent product updates. You can access the latest version of our agreements at any time through our website.
As always, don't hesitate to reach out to us with any questions, feedback or feature requests to help us build the best experience for you.
Best,
Matthew Smith
CEO & Co-Founder
Hey there,
We're starting off the new year with a big update on our Cards program. Here's what's new:
Your Card balance is automatically paid off at the end of each day using the balance on your Cash account.
This means, when you create a card, the card limit will depend on the user whom the card is created for. One user can still have multiple cards. All cards for this user will feed into their spending limit.
On the Card Overview, you can manage all of your team's purchases, cards, and users. Under Your Card, you can navigate your own cards and transactions.
If you click on a card, a side panel will open up with all the details about the card. From here, you can easily activate, terminate, or temporarily lock cards.
If you have any questions, feedback or feature requests, please let us know! We want to build the best experience for you.
Before we send you off, we want to share our latest product updates and bug fixes to help you make the start of 2023 more productive:
Card purchases now show the payment direction to better display increases or decreases to your balance.
Insufficient funds error messages are now more clear
Message our support team directly in the app by clicking the icon in the bottom left or the help icon in the top right corner of your dashboard
As an Admin or Bookkeeper, you can now cancel transactions that were not initiated by you
If you know, you know. If you don't, no need to worry because you won't run into these issues again!
Got any feature requests? Running into issues? Let us know to help us build the best experience for you.
Happy new year! We can't wait to keep building with you in 2023!
Matthew Smith
CEO & Co-Founder
We are excited to announce the launch of an extension of the Quickbooks Online Integration, which makes it even easier to pay and reconcile bills:
You can now import bills from QBO and pay them directly in MazumaGo. 🥳
It gets better: All bills are automatically marked as paid after you send the payment in MazumaGo.
Try it now on MazumaGo and let us know what you think!