Finelia guarantee

Finelia Guarantee offers every user an online environment based directly on his individual responsibilities. It is a tool that enables you to manage a guarantee (counter-guarantee, bank, parent company,…) or Standby LC cycle from start to finish, from its preparation and issue to its definitive release, including the production of documentation should it be drawn upon.

Thanks to Finelia, your company benefits from a comprehensive overview of all of its international liabilities (client receivables, country receivables, bank receivables, total costs,…).

For example, a user can prepare his credit application, have it approved internally, and send it to the bank. He can monitor any amendments and deadlines by means of personalised alerts. A treasurer can consult payment deadlines and view his liabilities situation in just a few minutes; he can monitor total financing costs and see the state of progress of a guarantee.

Spec sheet

Multi bank solution

Automated processing of messages transmitted from / to your banks (via Swiftnet, Ebics or email).
A single platform to communicate with all your banking partners.

Treasury Management

The tool dashboards and the customised reports help you to optimise your credit line management (Monitoring dates of payment, credit limit, credit period; Monitoring credit lines by bank, by branch, by business unit,…), with a alerts system to warn you, for example, if authorised limits are exceeded.

Interface with information systems

Integration with ERP systems for automated processing of LC and guarantee applications.
Integration with your Treasury Management System to optimize cash flow forecasting, payments management and supply chain finance.

Managing the Guarantee Process

Finelia’s integrated features allow you to monitor the processing of the guarantee: monitoring of beneficiary modification requests, amendment requests, partial or total release requests,…

Centralisation of Liabilities Management

Finelia uses a collaborative platform to centralise your Letters of Credit, amendments, exchanges with banks, stakeholders, related documents…
Finelia Guarantee is a management tool which can be used by departments in Trade Finance, Treasury, Production, Logistics and Import-Export to organize and share information.

Production of Reports and Cost Management

The reporting module enables you to obtain personalised reports (e.g. liabilities by business unit, branch, …
outstanding bank payments, total financing costs, by counterparty, by bank, by time period,…).
Finelia enables you to monitor individual bank terms and conditions, in order to calculate bank charges automatically.

Main aim: Provide the user with an up-to-date overview of his liabilities

The software program offers reports showing the outstanding sums for each guarantee on different dates, consolidating it by contract or by client.

Finelia makes this centralised tool available to all business units, allowing information to be managed easily both locally and on a group level, and the consolidated creation of reports.

Improve the visibility of liabilities
Reduce financing costs
Reduce operating costs
Reduce counterparty risk

What else can we do to convince you ?

Ask for a demo Contact Finelia