HHA News - June 2022

finPOWER Connect VBA

With the approach of finPOWER Connect 4 later in 2022, it is time to review all your existing Customisations. This will include Scripts, Documents, Workflows and Report Templates.

"Why" You ask?


It has been on the cards for a while now but anyone running VBA documents (documents where the code for populating, formatting etc the document is run inside Word and the document itself) will need to have those documents updated to the newer ISWord type documents.

There are some distinct advantages in using ISWord -  the most significant is speed, they are really fast compared to Word VBA.

In many cases there might already be a new version of a document that just needs minor tweaking and can slot right in and replace the old one. In others more substantial work is required to move the document over to ISWord.


Please be assured the team at HHA have been creating new documents in the ISWord format for quite some time, however there are documents which have not been changed that remain in the old format.


To make things as painless as possible you need to work with us on an upgrade plan sooner rather than later, this will help spread the cost and ensure you are compliant when the final extinction event happens.

From a script perspective, (the things that do all the hard work in the background to make your life easier) changes upcoming may mean that obsoleted functions (those replaced by better or faster new functions) may start to cause errors in day to day running of your system. We check for these prior to each software upgrade so these are detected and rectified. We will be actively doing this for the next version 3.4.4. In most cases we can quickly fix this for you across your database to ensure there are no issues.

 
Don’t wait to act - talk to us NOW so we can prevent any issue that may cause you disruptions in the future.

Call the team today on 03 693 1121 ext 4 to discuss the advantages and how you can get this set up or send an email to support@hhaassociates.co.nz
Have You Thought About Working In The Cloud? 

Cloud Based Portal-277

As a business you will be constantly looking at what can be done better

How to save costs – have easier access and flexibility - also less maintenance

Cloud based portals allow your business to have continuity, especially if you have a hard drive on a computer crash. We all know that if a computer hasn’t been backed up externally and the hard drive dies. Everything stops!

 

Here’s some benefits to consider: 

  • Lower maintenance: When your data is stored in the cloud, you don't need to worry about maintaining servers or other infrastructure. This can save your company time and money.
  • Easier access: You can access your data anywhere, as long as you have an Internet connection. Staff can work from anywhere on pretty much any device.
  • Unlike desktop computing, in which a hard disk crash can destroy all your valuable data, a computer crashing in the cloud shouldn't affect the storage of your data. That also means that if your personal computer crashes, all your data is still out there in the cloud, still accessible.
  • Changes to software or processes only need to be made on the cloud server, don’t have to worry about upgrading each end user computer.
  • Deployment is faster as no software to install for each user, this means lower overheads and IT costs.

Ask yourself. If your hard drive crashes “What is the real cost to your business”?


Talk to the team at HHA about setting up a cloud-based portal on 03 691 1121 ext 4
or email 
support@hhaassociates.co.nz
.

 

The benefits will far outweigh the investment.


Useful Information - Credit Contracts and Consumer Finance Act (CCCFA) 


You will recall earlier in the year, the Minister of Commerce and Consumer Affairs asked MBIE to take a closer look at the changes to the Credit Contracts and Consumer Finance Act (CCCFA) and Regulations made late last year, in collaboration with other members of the Council of Financial Regulators (CoFR).
 
The initial changes were made following the 11 March 2022 announcement by the Minister.  In April, MBIE released an exposure draft of the regulations and the Responsible Lending Code changes for Consultation. 
 
Following consideration of submissions on the exposure draft, the Regulations and Responsible Lending Code have been updated to reflect the feedback received. The changes have now been finalised and will come into force on 7 July 2022.
 Click here to read the full article which includes the changes. 


For further details on the initial changes and investigation, please see the below links:

  • The updated Regulations will be posted on the Legislation website.
  • The updated Responsible Lending Code guidance can be found here on MBIE’s website.
  • The exposure draft on changes to the regulations can be found here on MBIE’s website.
  • The Minister’s announcement on the initial changes can be found here on the Beehive website.
  • The Cabinet paper on the CCCFA investigation initial findings and proposals can be found here on MBIE’s website.
  • Further detail on the investigation can be found here on MBIE’s website.

Farewell Internet Explorer1995 - 2022

It is an end of an error for Microsoft Internet Explorer as from 15 June 2022 Microsoft will no longer support this once dominant, web browser.
 
This has been replaced by the more secure Microsoft Edge. You may want to read the full article below.
 
New Zealand Herald Article – So long Internet Explorer