Portfolio - ITS@web


Integrated cash and treasury management (ASP)
ITS@web is ecofinance's solution for banks and financial service providers enabling them to offer their corporate clients easy and secure access to a professional cash management, financial planning and treasury management system via internet as Application Service Providers (ASP).

Best service ensures loyal customers
ITS@web helps financial institutions to create a real unique selling proposition for their institution by providing a well-proven and easy-to-use software solution for a professional financial management to their corporate customers.

The ASP solution is aimed at business companies realising an annual turnover between 100 m and 1bn EUR. Their financial management is very often still based on spreadsheets and many isolated makeshifts. In many cases a sufficient budget to buy a locally installed and fully integrated software package is missing and the companies lack sufficient and skilled personnel to maintain the system, the database and the hardware required.

ITS@web is offered in German and English language versions (additional languages on request). The design and layout of ITS@web can be adapted to the financial institution's corporate style guide and can also be integrated into the institute's website making use of "Single Sign-On".

Modules and fields of application

• cash management (accounts overview, pooling and clearing proposals)
• automated bank account statement reconciliation
• cash forecast and financial planning
• money market deals, commercial papers
• foreign exchange management
• interest rate derivatives
• loans and guarantees
• netting, intercompany clearing, creation of internal account statements
• execution of effective payments deriving from ITS@web-deals, legitimation via SmartCard
• integrated report system with numerous standard reports
• detailed authorisation system and audit log.

Benefits for corporate clients
By choosing ITS@web from your range of services offered, the corporate client will receive a sophisticated system for cash management, financial planning and treasury without having to make major upfront investments and without the need to pay attention to specific hardware requirements, complex implementation processes or costly system and database maintenance in the following. Instead, the corporate customer will purchase pure functionality at a fixed and well calculable price.

Each ITS@web service package can be tailored to the customers' needs. At first, the system will support global cash management, daily cash forecast, automated bank account statement reconciliation, freely definable financial planning including plan/actual and plan/plan comparisons, netting and the administration of money market and FX deals as well as of loans and guarantees within one integrated solution.

ITS@web will be installed at the financial institution. Each corporate customer will access the software using a secure internet connection to enter his individual ITS@web configuration. The application will be fed with current account statements, intra-day advices, market data and further information to keep the corporate well informed at any time.

Benefits for the bank
By offering this professional and easy-to-use financial management system at a fair price the financial institution fulfils a looked-for desire of its corporate clients and will profit by

• increasing customer retention
• acquiring new customers by offering a better service than competitors
• attracting follow-up business
• improving the credit portfolio by providing customers more efficiency, process reliability and transparency for their daily and prospective financial management.