Aura BFM (Bank Facility Management)

Aura BFM (Bank Facility Management serves as decision making tool for higher management for their groups’ financial activities. This also takes care of the complete treasury activities of a group company.

After processing the data the system generates report like the current facilities available for companies in different banks, utilization of facilities by companies from several banks, consolidated statements of financial commitments in a particular period for a particular division or company towards a bank or beneficiary, group wise or company  wise collection forecast, etc.

It also includes the processing of bank facilities like, LC, LG, TR, Short term loan, Long term loan, Check Discounting, etc. after calculating the cost involved in each activity. The user will be to make apt decision which facility he/she may have to plan for his/her future commitments taking care of its cost and availability. This intelligent system, after a thorough technical analysis, even suggests the user, after optimization of the companies’ existing financial resources and facilities, what decision he/she has to take to meet the future financial commitments.

Software will have interfaces to capture data with minimum effort which can also be integrated with the existing financial system for capturing the required data. The system also has a number reports based on both current and history data to help management in planning/arranging funds and in decision making. The system will have a centralised database and multiple users in a network to work simultaneously, by entering or retrieving data, and maintain higher security for its users.