Updates, insights, and how-tos to help you get the most out of the Green Check platform.
Hello and welcome to the March edition of our product newsletter! 🌱🌷 As the world awakens from winter, our team has been busy cultivating fresh ideas and features to help your cannabis banking goals bloom. Spring into action with the exciting updates we have prepared for you in this edition.
What's New 🙌
FinCEN: Insert SAR Narrative 🆕
Now, you can insert a SAR Narrative (similar to Monitoring), which includes deposit and withdrawal amounts across specified payment types and account numbers. This feature means less manual work for you to complete and submit SARs! Learn how to use the Transaction Summary and Insert SAR Narrative features here.
Learn How to Insert a SAR Narrative
Accounts: Edit CRB Information—follow-ups
Last month, we announced a feature that allows you to make real-time updates to cannabis business details to streamline your workflow and foster transparent collaboration. And great news—MANY of you are using this feature to edit information. Now, you can also edit parent account information as needed!
Need to Edit CRB Info? Click Here
Accounts: Relationship Manager
Additional enhancements from last month's release:
- View relationship manager in the Account Summary report for easy tracking.
- Select a relationship manager when approving an account!
Monitoring: New Filters!
The new Created By and Completed By filters in the Monitoring review tabs help you find what you're looking for with ease!
Release Notes:
Check out release notes (here and here) for all the features and functionality we've released since we last spoke in February.
Spotlight On:💡 The Green Check Metrc Integration 🆕
We are excited to share that we have launched our Metrc integration for your CRBs!
✅ Who is this integration for?
This integration is ideal if you have a CRB who isn't using one of our supported POS/invoice tracking integrations and are still manually uploading sales or invoices. Connecting Green Check with Metrc will ensure these CRBs no longer have to manually upload their sales.
✅ What is needed to connect?
Your CRBs will only need their Metrc API Key and license number. Once they have that info handy, they can use the Metrc tile on the Integrations page to connect. Read our full guide here.
✅ What does this integration mean for YOU
This integration is designed to pull in Transfers as they are received by the receiving facility. It reflects transfers of product between buyer and seller, but may not necessarily correspond to when the seller is paid for said product (e.g. invoices with net-30 payment terms). Rather than doing a one-to-one sale to deposit matchup, you may benefit from zooming out and looking at broader trends. Read more about transfers here.
Understanding Transfer Details
In Daily Summaries, open the transfer drawer to view details about the transfer (or download these same details in the Raw Sales Data report). Here's a guide (see annotated image above):
- Invoice total
- Transfer line-items. See the number of units sold and the unit prices
- Invoice (transfer) number from Metrc. This can be used in the event that the CRB needs to look up transfers in Metrc.
- The recipient of the transfer. This recipient’s license number can also be found in the Raw Sales Data report.