Funder Types for Brands Explained
All impact.com brand accounts are assigned a specific funder type upon sign-up. These funder types protect both brands and partners with document, contract, and instant payment restrictions to ensure that financial obligations are made on time.
Note: If you want to find out which funder type you're currently allocated to, or need to change funder types, contact support.
SOI (Statement of Invoices) Funder
Document restrictions
No payment request form (PRF) is available:
• The Generate PRF button is not available on the Make Deposit screen.
• Refer to Deposit Funds into Your Account for more information.
• Refer to Deposit Funds into Your Account for more information.
• The Download Last PRF option is not available on the Make Deposit screen.
• Refer to Deposit Funds into Your Account for more information.
• Refer to Deposit Funds into Your Account for more information.
• No [Checkbox] is available for PRF funding in funding document settings.
Partner Fund Transfer (PFT) restrictions
No immediate PFT is available.
• The [Checkbox] to enable immediate PFTs is removed.
• Note that scheduled transfers can still be processed by using the Create Transfer flow. Refer to Transfer Funds to a Partner for more information.
• Note that scheduled transfers can still be processed by using the Create Transfer flow. Refer to Transfer Funds to a Partner for more information.
Contract restrictions
• General locking terms: All action locking occurs monthly, and no daily, weekly, or bi-weekly locking is allowed.
• GAAP day locking terms: If a GAAP day is set, a {GAAP day - 2} rule applies.
PreFunder with Automated payments
Document restrictions
No applicable restrictions.
Partner Fund Transfer (PFT) restrictions
No applicable restrictions.
Contract restrictions
Default payment terms (general): Locked costs are paid immediately after locking.
Default Funder
Document restrictions
No applicable restrictions.
Partner Fund Transfer (PFT) restrictions
No applicable restrictions.
Contract restrictions
No applicable restrictions.
Note: If you've experienced problems with syncing your funding and financial obligation deadlines, contact support to make sure your billing settings are correctly configured.
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