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Product
Jul 25, 2024

Product Updates: Q2 2024

Kurt Ruppel headshot
Kurt Ruppel
Co-Founder and CTO

Enhancing Your Experience with Middesk

In the last quarter, we've been hard at work to bring you powerful new features and improvements to streamline your business operations. Our key focus areas  for Q2 included increasing automation and decreasing turnaround time, improving our Credit Assessment product's search and filing quality, launching a signifcantly more powerful Industry Classification product, and more. Read more below:

Q2 Business Verification & Credit Assessment Updates

Instantly classify a business’s industry with confidence
We’re excited to announce a significantly more powerful Industry Classification product with enhanced coverage, accuracy, MCC codes, and more! Read more in our blog or reach out to our team for a demo.

More robust lien filings with expanded collateral description length
We’ve expanded the maximum collateral description length on lien filings to up to 10,000 characters, depending on the state. This enhancement addresses the need for more detailed collateral descriptions, whether you're providing detailed inventories, equipment descriptions, or other crucial collateral details. Contact our team to learn more about Lien Filing with Middesk.   

Q2 Entity Management Updates

Streamlining Multi-EIN Entity Management
Managing multiple entities separately can be time-consuming and complex, requiring multiple logins and fragmented workflows. Users of our Entity Management Employer dashboard can now add and manage multiple entities (EINs) under a single dashboard on our Entities page. This enhancement simplifies the process, allowing users to save time and enjoy a more seamless login experience.

Enhanced Owner Flexibility for Payroll Registration
Previously, only individuals could be registered as owners of businesses for new payroll registration orders, which often led to delays and additional information requests. Now, our system accepts both individuals and businesses as owners of other businesses. This update reduces the need for additional information requests, streamlining the payroll registration process and improving efficiency.

Improved Affiliate Account Management
Partners needed a more efficient way to refer and manage affiliate accounts without manually handling each request. Partners can now add "affiliates" to their accounts using a custom, shareable link. This feature enables easy invitation for affiliates to create accounts on the Entity Management Partner dashboard. Additionally, we will soon launch an Affiliate dashboard for top-level partners, providing full visibility into their affiliate accounts and improving overall management capabilities.

Local Payroll Tax Registrations
Registering for local payroll taxes manually is a tedious and error-prone process, requiring significant time and effort from employers. Our new Local Payroll Tax Registrations feature allows employers to seamlessly register for local payroll taxes directly through our platform in Connecticut, Colorado, Kentucky, Massachusetts, Ohio, and Pennsylvania. By automating the registration process, this feature eliminates the need for manual paperwork, reduces the risk of errors, and saves valuable time. Employers can now ensure compliance with local tax regulations more efficiently, allowing them to focus on their core business activities.

Have questions or feedback?
If you’re an existing customer, reach out to your Account Manager. If you’re new to Middesk, you can contact our sales team to learn more.

All Middesk services are subject to the Middesk Terms of Service. Beta services may be subject to additional terms and conditions.

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