finPOWER Connect Features

Client Relationships

When a client contacts you for whatever reason, you need to make sure you have all their information at your finger tips. finPOWER Connect has a comprehensive client file that easily and clearly lays out everything you need to know about your client. This includes all their contact details, photos, their relationships including other family members, their Advisors such as their Accountant and Banker, easy access to all their Accounts and security items and all their transactions.

If this isn't enough, a Client Summary Screen can be customised to meet your specific informational requirements.

Flexibility and Functionality

Whether you are looking to configure a unique lending product, a unique business model or a more conventional system, finPOWER Connect can assist you. There are numerous options that allow you to expand or contract the data set captured, alter the look and feel of Accounts and Clients, define your own fields and much more.

Shown below are some of the options for entering a new Account.

Advanced Credit Control

Lending funds is easy - making sure it gets repaid on time, every time, takes your skill and a great system. finPOWER Connect has the ability to be customised to your specific credit collection processes and its functions range from the generation of SMS payment reminders to a full featured workflow engine.

External Interfaces

You do not exist in the finance world alone. Daily, you will directly interface with third party information providers such as Credit Reference Agencies, Banks and Security Registers. finPOWER Connect has a wide array of interfaces to these third parties that allow information to be exchanged electronically - cheaper, more accurately and much faster than any manual process!

Legislative Compliance

The finance industry faces a raft of legislation you must comply with, so finPOWER Connect is designed in such a way as to provide you with an essential tool in your compliance efforts. Industry standard documentation is provided for your modification and use, prescribed forms and processes are incorporated in the system as are interest calculation engines that reflect current legislation

Audit and Control

Essential in any credible system is knowing what happened, when and by whom. Having an audit trail is not only necessary for accuracy and internal control, it is also a key management tool. finPOWER Connect prides itself on logging a host of activities that can occur in the system and stamping each transaction with Date, Time and User details. It also provides a full audit trail of interest calculations and methods.

All menu options and functions within finPOWER Connect can be controlled on a per User basis. This allows individual Users and groups of Users to have restricted functionality within the system and allows you to control the access your staff have to different parts of the system.

Industry Standard Architecture

finPOWER Connect is developed using the latest development tools and using industry standard architecture. This benefits you going forward knowing that your system will be relevant for years to come, and you will not be left with a out of date or unsupported system. finPOWER Connect can utilise a number of different database platforms meaning it can most likely fit within your existing IT infrastructure without the need for expensive new database licenses.

Custom Solutions

If out-of-the-box functionality doesn't meet all of your needs then our customisation options will.

As part of the architecture of finPOWER Connect, the Business Layer API provides a gateway to the database to access the data in a controlled and managed manner. This can include Websites, custom Loan application systems or even you own inhouse developed reporting toolkit - all can access your important data while maintaining the safety and integrity of your database.