You now have the power to update your own banking details via the Membership Centre in Mercury Nexus. It’s simple, easy to use and saves you time!

What you need to know:

• Directors can update bank account details for membership fees and commission payments.
• We’ll notify all directors when changes are made.
• Directors have three days to amend or stop the changes before they are implemented.
• You can also request to change your credit card details. We’ll send you the form via email to do this.
• Two-factor authentication is required to submit changes to your commission payment banking details.

Visit the Connective Wiki to learn more.

My Connective Wiki 

We know many members are using Mercury 5 to store lender passwords. Please note this will feature will not be available in Mercury Nexus and we will be removing it from Mercury 5 on 1 September 2021.

So how are you supposed to remember your strong, unique passwords?

We recommend using a password manager to keep track of your passwords.

A password manager is an online tool that creates unique passwords and auto fills the credentials every time you revisit the site. Password managers also allow you to safely share passwords with team members and clients, with the ability to quickly edit and revoke access as required.

When choosing a password manager you should always:

• Conduct research to ensure the password manager is from a reputable vendor
• Conduct research to ensure the password manager is maintained by the vendor with regular security updates
• Protect the password manager with its own strong and memorable passphrase.

The most popular password managers in Australia include LastPass, Keeper, Dashlane, 1Password and NordPass.

From the Commissions App you can quickly create quarterly commissions statements to assist with tax, BAS and other reporting requirements.

Head over to Commissions > Commission Statements and simply drag the columns you want to group into the task bar.

This will create an expandable summary row, including the total for each group.

You can change the grouping, by changing the order you add items to the task bar.

You can also use the filter to eliminate unnecessary data.

Based on feedback we received from you, we have made changes to improve the accuracy of servicing estimates in the Borrowing Capacity Calculator. 

These changes effect the expense categories "Living Expenses", :"Education" and "Insurance" which have been consolidated into:

• Basic/Standard Living Expenses
• Additional Living Expenses

When you create a calculation from an opportunity, living expenses will be repopulated into the categories "Basic/Standard" and "Additional" Living Expenses.

See the Connective Wiki for more information on Living Expenses. 

Please note that existing calculations will not be effected by these changes, though you may consider recreating them to regenerate the living expense categories. 

From Friday (July 30th 2021) when you click on the Compliance tab in Mercury 5 you will be automatically redirected to the Compliance tab in the CRM App.

The Compliance tab in the Nexus CRM App replicates the same functionality as Mercury 5. 

Learn more about the Nexus Compliance Tab on the Connective wiki.

This is the next step in moving towards the full decommissioning of Mercury 5 at the end of the year. Contact your BSM to learn more about this date and how you can prepare for a full transition to Mercury Nexus.  

We have expanded the Audit Log in the CRM to include all activity across the CRM and Client Centre. 

Now when you visit the History tab on your Opportunity, you will see the Client Centre Activity Tab. This shows the times the Client Centre has been accessed for that opportunity, and which individual records and sections were edited in each session.

You can then click on a record to view: 

• The name of the record that was updated (e.g. Employment, Identification)
• The name of the person that accessed the Record (e.g. Broker, Client)
• What was updated
• When it was updated
• The Old value and the New value

To make things easier we have also added an Audit History button on each of the following records in your CRM: 

• Employment
• Identification
• Living Expenses
• Assets
• Liabilities
• Questionnaires

This button will show you at a glance when the record was last updated, what changed and by whom. 

We've fixed the extra line that would be added in emails and notes when you started a new Paragraph so that you can create good looking, easy to read emails and notes. 

Welcome to your monthly digest on what's currently in development and due to be released over the coming weeks. 

CRM/Client Centre Updated Audit Log

new feature

We have been expanding the data captured in the CRM Audit Log to include all Client Centre activity, so you'll be able to stay up to date with who's doing what across your Opportunities. 

Loanapp Integration

new feature 

We've been working on the integration between Loanapp and Nexus so that you can submit to Loanapp lenders easily from Nexus. This feature will work in much the same way as Mercury 5, just with a simplified workflow. 

Grid Column and Preferences 

improvement 

We've been working to improve the layout of columns across all grids in Nexus, so you don't need to resize, add or shuffle columns around and your preferences will be remembered. A few fixes have already dropped, with more just around the corner. 

We'll have plenty more features, fixes and improvements to share with you next month. 

By clicking on the task due date you will launch the date picker where you can easily set a new due date: