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Software for management of Trade Finance and Investment
Instruments
www.simpro.co.in
• BANK GUARAN T EE
• LETTER OF CREDI T
• FIXED DEPOSIT
• INSURAN CE
• MUTUAL FUND
• TERM LOAN
• Non- Fund based Limit Management
• Automated Notification
• In-built E-mail to third party with Log
• Privileged based Access
Finora Application is an integrated form of
managing company's financial
instruments such as Bank Guarantee's,
Fixed Deposits, Letter of Credit, Term Loan
& Insurance Policies with Automatic Alerts
of expiries & multiple specific reports.
Intensive research on different
organizations like Cement, Construction,
Manufacturing, Infrastructure, Public
Sector companies as well as Government
firms resulted in innovation of Finora
which is a workflow based tracking
application for Bank Guarantee, Letter of
Credit, Fixed Deposit, Insurance, Term
Loan and Mutual Funds.
ABOUT FINORA
• Can manage both BG Issuance and BG
Receipts
• Manages BG's issued towards
Performance, Advance, Mobilization,
• Tracks History of extension / amendment
of BG's
• Records Margin Money, Commission and
Linked FD
• Scan & Upload BG copy and other related
documents
• Beforehand statement on BG expiries and
renewals
• MIS Report - Project wise, Client/Vendor
wise, Bank wise etc.
• Dynamic Dashboard which highlights Bank
wise limit Utilisation and limit availability
BANK GUARANTEE
A guarantee that the lending company will make sure a debtor will be able to pay their obligations. In other words, the
bank will pay the debt if the debtor doesn’t fulfill the obligation.
• Can manage both LC Issuance and LC
Receipts
• Tracks Bank wise, project wise and party
wise LC's
• Records payment against Shipment and
Closure
• Records Margin Money, Commission and
Linked FD
• Scan & Upload LC copy and other related
documents
• Advance reminder on payment due date
against LC
• MIS Report - Project wise, Vendor wise,
Bank wise etc.
LETTER OF CREDIT
When a supplier ships goods and provides the necessary documentation to the buyer’s bank as proof, the buyer’s bank agrees in a letter of
credit to pay the supplier. Letters of Credit are a trade finance tool used to safeguard both suppliers and buyers.
• Tracks Bank wise Fixed Deposit and its
maturity
• Tracks all lean FD's and renewal FD's
• Logic built to Calculate Interest and TDS
on Fixed Deposit on different types of
Interest Types
• Scan & Upload FD copy and other related
documents
• Report on Interest accrued but not due
• Simplified MIS Report including IRR
Report and FD Movement Report
FIXED DEPOSIT
A fixed deposit (FD) is a financial product offered by banks or non-bank financial institutions that, up until the specified
maturity date, offers investors a higher rate of interest than a typical savings account.
• Can manage and track all types of
Insurance
• Records and tracks claims raised against
Insurance Policy
• Scan & Upload FD copy and other related
documents
• Simplified MIS Report including Claim
Report
INSURANCE
A party agrees to compensate another party in exchange for a fee in the event of a specific loss, damage, or injury as a means of
financial loss protection. It is a method of risk management that is primarily employed to protect against the risk of a potential
loss.
• Records all types of Mutual Funds with
details like Purchased Units and NAV
• Investment exposure to be managed as
per company's investment policy
• Records and tracks charges and fees
Mutual fund wise
• Manages Redemption through FIFO and
records capital gain/loss
• Application is integrated with AMFI to
track fund movement
• Monthly IRR generated for monitoring and
decision making
MUTUAL FUND
A party agrees to compensate another party in exchange for a fee in the event of a specific loss, damage, or injury as a means of
financial loss protection. It is a method of risk management that is primarily employed to protect against the risk of a potential
loss.
• Tracks Financing & Loan agreement
details
• Records RC, Insurance & NOC details of
Asset.
• Manage EMI Scheduling and tracking
• Report on Pending Principal and EMI's
TERM LOAN
A term loan provides borrowers with a lump sum of cash upfront in exchange for specific borrowing terms. Borrowers agree
to pay their lenders a fixed amount over a certain repayment schedule with either a fixed or floating interest.
SOLUTION FEATURE & TECHNOLOGY
LET'S CONNECT @
+ 91 97409 95079 / 99459 79981
sales@simpro.co.in
www.simpro.co.in
Registered Office
M/s. SIMPRO Business Solutions Pvt. Ltd.
No. 31, G R Complex, Ground & 1st Floor, Service Road,
Behind Haiku Honda Showroom,
Off Old Airport Road, Domlur Layout,
Bangalore – 560 071

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FINORA

  • 1. Software for management of Trade Finance and Investment Instruments www.simpro.co.in
  • 2. • BANK GUARAN T EE • LETTER OF CREDI T • FIXED DEPOSIT • INSURAN CE • MUTUAL FUND • TERM LOAN • Non- Fund based Limit Management • Automated Notification • In-built E-mail to third party with Log • Privileged based Access Finora Application is an integrated form of managing company's financial instruments such as Bank Guarantee's, Fixed Deposits, Letter of Credit, Term Loan & Insurance Policies with Automatic Alerts of expiries & multiple specific reports. Intensive research on different organizations like Cement, Construction, Manufacturing, Infrastructure, Public Sector companies as well as Government firms resulted in innovation of Finora which is a workflow based tracking application for Bank Guarantee, Letter of Credit, Fixed Deposit, Insurance, Term Loan and Mutual Funds. ABOUT FINORA
  • 3. • Can manage both BG Issuance and BG Receipts • Manages BG's issued towards Performance, Advance, Mobilization, • Tracks History of extension / amendment of BG's • Records Margin Money, Commission and Linked FD • Scan & Upload BG copy and other related documents • Beforehand statement on BG expiries and renewals • MIS Report - Project wise, Client/Vendor wise, Bank wise etc. • Dynamic Dashboard which highlights Bank wise limit Utilisation and limit availability BANK GUARANTEE A guarantee that the lending company will make sure a debtor will be able to pay their obligations. In other words, the bank will pay the debt if the debtor doesn’t fulfill the obligation.
  • 4. • Can manage both LC Issuance and LC Receipts • Tracks Bank wise, project wise and party wise LC's • Records payment against Shipment and Closure • Records Margin Money, Commission and Linked FD • Scan & Upload LC copy and other related documents • Advance reminder on payment due date against LC • MIS Report - Project wise, Vendor wise, Bank wise etc. LETTER OF CREDIT When a supplier ships goods and provides the necessary documentation to the buyer’s bank as proof, the buyer’s bank agrees in a letter of credit to pay the supplier. Letters of Credit are a trade finance tool used to safeguard both suppliers and buyers.
  • 5. • Tracks Bank wise Fixed Deposit and its maturity • Tracks all lean FD's and renewal FD's • Logic built to Calculate Interest and TDS on Fixed Deposit on different types of Interest Types • Scan & Upload FD copy and other related documents • Report on Interest accrued but not due • Simplified MIS Report including IRR Report and FD Movement Report FIXED DEPOSIT A fixed deposit (FD) is a financial product offered by banks or non-bank financial institutions that, up until the specified maturity date, offers investors a higher rate of interest than a typical savings account.
  • 6. • Can manage and track all types of Insurance • Records and tracks claims raised against Insurance Policy • Scan & Upload FD copy and other related documents • Simplified MIS Report including Claim Report INSURANCE A party agrees to compensate another party in exchange for a fee in the event of a specific loss, damage, or injury as a means of financial loss protection. It is a method of risk management that is primarily employed to protect against the risk of a potential loss.
  • 7. • Records all types of Mutual Funds with details like Purchased Units and NAV • Investment exposure to be managed as per company's investment policy • Records and tracks charges and fees Mutual fund wise • Manages Redemption through FIFO and records capital gain/loss • Application is integrated with AMFI to track fund movement • Monthly IRR generated for monitoring and decision making MUTUAL FUND A party agrees to compensate another party in exchange for a fee in the event of a specific loss, damage, or injury as a means of financial loss protection. It is a method of risk management that is primarily employed to protect against the risk of a potential loss.
  • 8. • Tracks Financing & Loan agreement details • Records RC, Insurance & NOC details of Asset. • Manage EMI Scheduling and tracking • Report on Pending Principal and EMI's TERM LOAN A term loan provides borrowers with a lump sum of cash upfront in exchange for specific borrowing terms. Borrowers agree to pay their lenders a fixed amount over a certain repayment schedule with either a fixed or floating interest.
  • 9. SOLUTION FEATURE & TECHNOLOGY
  • 10. LET'S CONNECT @ + 91 97409 95079 / 99459 79981 sales@simpro.co.in www.simpro.co.in Registered Office M/s. SIMPRO Business Solutions Pvt. Ltd. No. 31, G R Complex, Ground & 1st Floor, Service Road, Behind Haiku Honda Showroom, Off Old Airport Road, Domlur Layout, Bangalore – 560 071