Depending on your onboarding process, we are able to change these status names. We can review that during implementation.
Created
Created
A transaction is in the Created status when an investor has started a transaction via the funds public link but has not started filling any information out yet.
Invited
Invited
A transaction is in the Invited status when an investor has been sent a private email invite to a transaction but has not started filling any information out yet.
Pending Investor
Pending Investor
A transaction is in the Pending Investor status once an investor has started filling their information out but has not completed or signed the documents.
Submitted
Submitted
A transaction is in the Submitted status once all the information has been filled out and/or the documents have been signed. This status indicates the fund manager has not opened the transaction and begun reviewing for accuracy and completion.
Pending Review
Pending Review
A transaction is in the Pending Review status when the fund manager has opened the transaction after it’s been submitted and/or documents have been signed. The fund manager will then conduct their unique review process and either request for more information, corrections, or mark it In Good Order.
Pending Revision
Pending Revision
A transaction is in the Pending Revision status after a fund manager sends the transaction back to the investor to request a revision. If a fund manager finds a mistake, needs clarification, or requests more information, they will send a revision request back to the investor. After the investor has provided the revision, the status will revert back to Pending Review.
In Good Order
In Good Order
A transaction is in the In Good Order status when the fund manager has reviewed the information submitted and finds it satisfactory.
Confirmed
Confirmed
A transaction is in the Confirmed status once the fund manager has accepted the the submission. This acceptance may or may not involve a counter-signature by the fund manager.