FinAge® is placed on the market in a strong and clear way: it is the first and only browser-based treasury software developed in Italy. It is addressed at CFOs and treasurers who base their work on integration, simplification and centralization of data. It is, from every point of view, the perfect synthesis between management skills and technology push.
The basic idea of FinAge ® is to exploit the potential of new technologies to ‘build’ a treasury adapted to more complex contexts, with logics that are functional, plain and simple.
WHO IS IT FOR
FinAge ® is primarily addressed at CFOs and treasurers who need a flexible, effective and capillary instrument. The characteristics of the management tool, in these cases, has a direct impact on work quality.
Compared to traditional treasury instruments, FinAge ® is structured in a way that can be used easily, with no entry barriers for non-expert users.
Smart alternative to client server systems
FinAge ® is implemented on the web server of the company, with no additional software, on internet, extranet or intranet platform, and is also available in ASP mode: it is a radically new choice with respect to client server solutions, which allows to reduce significantly both the cost of installation and start-up, and those related to the evolution over time of the application.
Strong performance, light structure
FinAge ® meets the most demanding and sophisticated needs of modern treasury, despite having absolutely streamlined approach and navigability. Thanks to its agility, it integrates smoothly with accounting systems, optimizing dispositive activity of electronic banking, traces with security all kinds of analysis and reporting.
Simplicity and speed
Easy to set up, easy to understand, quick to use, even for those who are beginners in the field of treasury: these advantages contain all the others, starting from intuitive interfaces and without rigid procedures, which considerably reduces the need for training for the user.
The characteristics of the system support a rapid start-up, compressing operations to a minimum set-up. Basically, the installation phase – halved compared to conventional systems – mainly serves for the interventions of customization.
Payment reason, currency, price lists, counterparts and other parameters are already defined: just select them to be able to use immediately.
Drill down surfing
In all analysis functions (projection balances, cash flow, bank statements …) the structure proceeds to drill down to successive levels of detail, until the desired single financial transaction.
In terms of functional characteristics, it meets all the voices of the modern treasury: early management of financial flows, preliminary and final liquidity analysis, control over financial costs, performance analysis and comprehensive reporting to support strategic decisions.
Real time reporting and analysis
The user always has under control the updated financial situation. Planning tools and cash flow analysis are fine-tuned on the set time horizon. Periodic reporting and statistics allow systematic monitoring of the relationship with banks.
Connections to the most common Corporate Banking
FinAge ® is a real connection node between corporate treasury and banking system. The system is pre-configured according to banking standards in force, with particular attention to the definition of the input formats and the combination of payment reasons.
Management of financial risks
FinAge ® contains specific functions to govern the financial risks, including the analysis of the risk positions, present and projections, management of derivative financial instruments and analysis of operating results.
FinAge ® is a truly multi-company application: in all system functions is always present the selection criterion of single or multiple of the company. For this reason, any research or group reports, intercompany handling, centralized treasury and cash pooling are easy and immediate.
Thanks to a dictionary linked to the users’ access, FinAge ® is designed for the simultaneous and centralized management in several languages.
FinAge ® manages the ‘currency’ at three levels: company currency, bank account currency and financial transaction currency, with the ability to analyze and convert at any time the financial information in the currency required.
The application is implemented entirely in Java with multi-tier methodology, in compliance with the J2EE SDK standard (Java 2 Enterprise Edition di Sun Microsystems Inc.).
The development environment is Oracle JDeveloper.
The user interface is based on a web browser without cookies or applets.
The logic adopted is JSP (Java Server Pages) on Java classes and objects developed by Benesystem.
The software is compatible with all web servers and application servers that support JSP 1.1.
To access the data, it uses the methodology JDBC (Java Database Connectivity), which provides the ability to use any type of SQL database in the market for which it is available a JDBC driver certified by the manufacturer.