5. Configuring Party Type and Document Settings

✔️ You can configure party types in TrustLayer by navigating to Workspace Settings > Party Configuration to assign compliance profiles, and manage document types under Document Configuration.

1️⃣ Navigate to Workspace Settings – Click on the workspace name at the top of TrustLayer and go to Workspace Settings.

2️⃣ Go to Party Configuration – On the left panel, select "Party Configuration."

3️⃣ Set Party Type and Compliance Profile – Assign a party type (e.g., vendor, consultant, plumber, etc.) and link it to the appropriate compliance profile. This determines the default compliance requirements for any party added under this type. This allows you to have a “cost of doing business” or “global” compliance profile tethered to a type of party.

4️⃣ Apply Risk-Based Categorization (Optional) – You can classify parties as low, medium, or high risk to determine compliance needs.

5️⃣ Use Project “Drawer” (If Applicable) – If a party is assigned through a project, additional compliance settings (like additional insured requirements) can be configured at the project level.

1️⃣ Navigate to Document Configuration – In Workspace Settings, select "Document Configuration."

2️⃣ Review Default Document Parameters – TrustLayer provides predefined document types automatically.

3️⃣ Add New Document Types – If needed, create custom document types and assign them relevant subjects for organized storage.

💡 Common Issue 1: "Why isn’t my compliance profile applying to a new party?"

✔️ Solution: Ensure the party type is correctly assigned in Party Configuration.

💡 Common Issue 2: "Can I store other document types in TrustLayer?"

✔️ Solution: Yes, you can add new document types under Document Configuration to use TrustLayer as a document repository.

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💬 Still Need Help? Contact [email protected] or use the in-app chatbot for further assistance.