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Treasury

Functionality​

The Treasury area of Fluentis ERP features a series of modules and procedures that allow the company to analyze the trend of projected financial flows, assess their risk, and manage communication with credit institutions for both incoming and outgoing transactions.

Alongside these monitoring and analysis functionalities, there are various procedures for the ongoing and daily management of payment and collection operations, issuance, and presentation for collection or to be collected of bills and bank receipts, and advance requests for sales invoices with the bank.

The module closely interacts with Finance and therefore allows reading the open items from the due date schedule to generate the payments and bank transfers to be executed, or to issue bills and bank receipts.

Once the data is processed, the same procedures also allow for automatic generation of ledger records for recording various collections and payments, as well as for the issuance, presentation, and collection of bills and Ri.Ba.

Functionality Details​

Cash Flow​

to perform preventive analyses of potential cash flow, allowing for the creation of various scenarios including or excluding certain types of financial flow (e.g., with or without customer orders, for a more or less consolidated CF)

Complete with

Off-balance Due Dates

to manually integrate the cash flow with extra-system projected flows

Analytical Cash Flow Print

for the complete representation of expected future results

Invoice Advances​

Specific module for bank anticipation on invoicing (usually foreign)

Bills Portfolio​

for the issuance, presentation, collection of bills and bank receipts, and related ledger records, as well as the management and related ledger records of overdue bills

Creation of bills from Invoices

Creation of bills from Maturity Values

Supplier Payments​

for managing Transfer lists, SDD, and passive Ri.Ba. notices and automatic accounting records

Block Passive Maturity Values

mass management of authorization block for payment of passive mat. values

Payment Support Management

management of the expected bank support data for payments

Bank Accounts​

for importing electronic lists of bank movements and reconciling them with accounting, or to utilize them in generating mat. values

Customer Risk​

for managing credit limits on supplies and monitoring or blocking when exceeding imposed limits, analyzing credit risk exposure through various panels and indices

Lock Manager for Authorizing Exceedance

Customer Exposure

Remittance Management

For controlling average times in payment delays

DocFinance and Piteco​

for managing the import and export of data to and from the major and most popular vertical treasury software.

Basic Data​

Attention

Before using the available functionalities, it is necessary to manage a series of basic data: these are divided into two macro groups, Tables and Parameters.

Alternatively, a Fast Start procedure described below is available.

Fast Start Procedure​

Fast Start

The Treasury area can also be configured as a fully ready-to-use FastStart environment and allow for immediate use.

Data Entry Flow​

Although manual entry of data such as creating a bank receipt or a transfer list is possible, it is usually resorted to automatic creation procedures (e.g., creation of bills from mat. values or invoices) or preparation of payments starting from the open mat. values.

Generally, automatic accounting procedures for the portfolio or executed transfers are also used.

Other functionalities are instead software processes starting from the existing data, e.g., the Cash Flow with the automatic creation procedure, (although there is the possibility of creating it manually by recalling the financial flows one by one, which is rarely used) or data extracted from the Customer Risk module.

Typical Workflow in the Treasury Area​

  • "Current" Procedures:

    • execution of supplier payments by reading the open mat. values and automatic accounting of the payment itself with closing of mat. values
    • issuance of active bills (frequently bank receipts) by reading invoices or open mat. values and automatic accounting of the issuance
    • creation of presentation lists for bills (Ri.Ba.) for collection or to be collected and export of the electronic file to be sent to the bank; automatic accounting of the presentation
    • collection of bills for collection (automatic bank transfer)
    • eventual emergence of default with reopening of customer credit, automatic accounting
    • creation of lists for presentation of invoices for discount by reading invoice due dates, automatic accounting of the advance and subsequent full collection

  • "On-demand" Procedures:

    • Cash flow processing by reading the data present in the system (balances, mat. values, documents in the active and passive cycles, bills, job order documents, and production)
    • Processing of statistics on customer credit usage or payment delays