Solutions

Introducing FinShare from Premium Technology. Are you a financial service provider? Do you wish to offer Financial Supply Chain (FSC) services to your clients?

Designed from the ground up by the industry's leading technologists and subject matter experts...

With a vision to provide a robust suite of FSC solution components, Premium Technology has leveraged its expertise in trade, finance and banking to produce a world-leading technology platform.

The FinShare product suite gives financial institutions the ability to offer working capital financing solutions that are buyer and/or vendor centric.

The FinShare solution includes pre-export, vendor invoice and receivables, buyer payables and inventory-based financing products.

All of the components in the FinShare suite have been designed and developed to work as a single integrated solution but can equally be deployed as stand-alone products. All FinShare products utilise the same Core Product Application, comprising 3 key functionalities:

Commercial Loan System...

The core component for the financing and accounting modules, for all FinShare products.

The Commercial Loan System provides various forms of discount financing and validation functions, to process, value and approve or reject customer transactions:

• flexible interest rates;
• varied fee schedules;
• multiple interest calculations;
• multiple penalty rates/fees for overdue payback;
• flexible and easy to use multi-currency settlements.

Risk Management System...

The FinShare Risk Management System provides linkage to in-house risk management systems, as well as stand-alone functionality for:

• credit limit checks and authorisation controls based on a master facility and/or multi-tiered sub-facilities, with real-time updates to reflect every transaction booked or liquidated;
• credit limit checks based on a supplier facility limit, set for both the bank and the buyer;
• credit limit checks at the supplier and buyer (sub-limit) relationship level;
• credit limit checks to facilitate controlling multi-currency transactions against base currency limits;
• client purchased credit insurance management... a master policy against financing loans or facility utilisation;
• credit insurance tracking and management;
• syndication or participation in lending transaction financing.

Web-enabled Access, Collaboration and Negotiation...

Full transaction visibility between all participants: buyers; sellers; banks; FIs; investors; corporations and third party service providers:

• chat box dialogues and full collaboration and negotiations functionality;
• communication to all parties concerned (with restricted access where necessary);
• all communications tracked, logged, indexed and archived, with full document history.

A Modular Technology Suite...

In addition to the core components above, the FinShare software suite includes feature-rich modules for:

1. Invoice and Receivables Management

• Invoice Manager - Receivables uploading, validation, changes, approval, aging reports, warehousing;
• Invoice and Receivables Financing – Receivables batching and pooling, financing and loan computation;
• Vendor Financing - Bank and/or corporation vendor financing to clients.

2. Payables Management and Financing

• Payables Management and Financing – Buyer-centric payables management, discounts and extended financing.

3. Purchase Order Management and Financing

• Purchase Order Manager – Manages PO data to facilitate PO status and financing control;
• Purchase Order Financing – Pre-export financing module: buyer-centric or vendor-centric;
• Purchase Order-To–Pay (PO2P) – Web-based collaboration and process control of the PO2P life cycle;
• Open Account Transactions - Open account transactions set-up and PO link;
• Event-driven Tracking and Financing – Provides transaction visibility to reduce financing risk.

4. Asset Based Lending (ABL)

• Asset Based Lending (ABL) – Full ABL functionality and reporting.

5. Document Preparation

• Document Preparation (DocPrep) – Document preparation and generation for the trade transaction process.

6. Risk Participation

• Risk Participation – Syndication or participation in lending transaction financing.

FinShare stands apart as a proven, globally-utilised solution, with the ability to maximise availability and optimise utilisation of working capital. All of this whilst minimising costs and associated risks.

To find out how FinShare can enhance your financial supply chain offering, please contact ebpSource on +44 1753 567896, or Request More Information here.