general add-ons


Accounting Interface

The finPOWER Connect Accounting Interface Add-On allows you to export bank, cash and accounting transactions such as payments, accruals and journals to third party accounting systems you already use.


Some of current Export Files formats included are:

  • ACCPAC
  • APS
  • Cash Manager
  • Great Plains
  • MYOB
  • Quantum
  • QuickBooks
  • Sage
  • Solution 6

finPOWER Connect includes integration to emPOWER without the need for this Add-On.




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Branches

Branches are used to group Accounts together for accounting and reporting purposes.


Normally Branches are used where your Company has multiple Branch locations. However Branches may be used for any purpose you require.


Each Branch can have its own:

  • Contact Details
  • Operational Calendar, allows for different regional / state public holidays
  • Secured Party Group, for PPSR Registrations
  • Employees



Entities

An Entity in finPOWER Connect is effectively a separate legal entity, which may be a Company providing financial services, or a subsidiary.


Entities allow you to hold more than one Company on a single Database, making it easy to report total exposure even if your organisation holds Client and Account records in more than one legal entity.


Each Entity has it's own separate Branches and Bank Accounts, and Client and Account records cannot belong to more than one Entity. This means that you can choose to report on a single Entity, or more than one Entity.





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Document Manager

The Document Manager Add-On adds facilities to list files stored on disk that relate to a Client, Account, External Party or Security Statement.


Instead of storing filing cabinets of paper documents you might scan and store these electronically, as in the so-called "paperless office". These scanned documents should be located in a separate folder for each Client, Account or Security Statement. finPOWER Connect will then display a list of these documents and allow you to double-click on them to quickly open them.


finPOWER Connect can handle any type of file, whether a text document, word document or image, provided a Windows file association has been created for the file type.




Rate Tables

Rate Tables are used to pre-program Interest Rate changes when opening a new Revolving Credit Account or when changing the Interest Rate of an existing Revolving Credit Account.


A Rate Table can program Rate changes spread over a period of time, e.g 6 months at 0% followed by 12.5% for the remainder of the first year, then 15% for the rest of the life of the loan.


Or Interest Rates can vary according to the balance of the Account by using a "Tiered" rate, e.g. 10% up to $10,000 and 15% up to $20,000.


Or a Rate Table could include a combination of both, with Tiered rates for different periods in the loan's life.




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SMS Services

The SMS Service Add-On allows you to automate sending SMS (text) messages within finPOWER Connect.


You have the ability to send either ad-hoc messages to Clients (including Accounts), Dealers, Managers OR to Outlook contacts with Mobile phone numbers defined. For Clients and Accounts a log entry is saved as a record of the message.


In addition Word VBA documents can use the finPOWER Connect Business Layer to send SMS messages. For example, to send reminders of up coming or missed payments or marketing messages.


We recommend that you seek a legal opinion as to the use of SMS Messaging. In New Zealand, so long as you get the recipient's permission, you may send SMS Messages. You may like to include a clause to this effect in your Loan Contract.




Workflows

Workflows are used to allow the systematic processing of standard tasks.


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Examples of Workflows are:


  • Overdue / Collections
  • New Account Application checklist

The Workflow is structured with Item Groups and Items within those groups.


  • The processing will flow through each group, actioning the items within that group
  • You can only action items within the current group
  • At the end of each group you are able to confirm the group is finished and select an outcome to branch to another workflow group depending on that outcome

The strength of the workflows is the graphical display (summary pages), that show a neat list of items and hyperlinks to allow the action to be performed. For completed items you are shown the outcome and completed user / date details. You are able to expand completed groups to see the items and outcomes of that group.


Additionally, Workflows can be actioned from the Task Manger with each step being processed and outcomes recorded. Clear graphics provide a quick assessment of the progress of the Workflow and the outcomes of each Workflow step.



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Task Manager

Once a Workflow has been initiated, it is displayed in the User's Task Manager.


The Task Manager acts as a central point for each User to perform their daily functions, whether they are sourced from Workflows, un-actioned Log Notes or User Logs.


The Task Manager has easy access buttons to cater for regular functions such as recording notes, making payment arrangements, printing documents and sending e-mail / TXT messages.


Users can also manage their own task lists by creating folders and filters for specific types of tasks.