Finance

Advantages using Treasury Management System

TMS (Treasury Management System) is one of organized application systems which CISD fully developed. TMS consists of 9 functional modules, Outgoing Payment, Incoming Payment, Import L/C, Import Bill, Export L/C, Export Bill, FX Contract, Bank Loan/Deposit and Fund Management. TMS also has an interface function with Corporate Accounting System and Global Bank System.

As CISD has lots of experiences in TMS implementation to customers, CISD believes customers can get various advantages with TMS.

System Function Overall

 

All Modules

 

Functional Modules – Outgoing Payment

Payment procedures by Cash, Cheque, Remittance, Local Vendor/Staff Reimbursement, between from Business Department, Account Department and Finance Department.

• Outgoing Payment Request Application (Business Department)
• Outgoing Payment Request Verification (Account Department)
• Outgoing Payment Request Confirmation (Finance Department)
• Report
  • Request For Payment
  • Instruction for Remittance (Issue)
  • Application for Remittance
  • Instruction for Cash Payment
  • Instruction for Staff Reimbursement Payment
  • Instruction for Remittance/Transfer/Chats Payment
  • Instruction for Cheque Payment
  • Instruction for Cheque Payment – Cancel Cheque

 

Functional Modules – Incoming Payment

Collection procedures by Cash, Cheque and Remittance, between from Business Department, Account Department and Finance Department.

Incoming Fund Collection Entry (Business Department)

• Incoming Fund Collection Verification (Account Department)
• Incoming Fund Collection Confirmation (Finance Department)
• Report
  • Collection Memo
  • Customer Receipt

 

Functional Modules – Import L/C

Trading procedures of Import L/C, between from Business Department, Account Department and Finance Department.

• Initiates the Import L/C Application (Business Department)
• Verify the Import L/C Application (Account Department)
• Confirm the Import L/C Application (Finance Department)
• Report
  • Application of L/C
  • Application for Irrevocable L/C
  • Application for Amendment
  • LC Application to Bank

 

Functional Modules – Import Bill

Trading procedures of Import Bill, between from Business Department, Account Department and Finance Department.

• Initiates the Import Bill Application (Finance Department)
• Confirm the Import Bill Application (Business Department)
• Verify the Import Bill Application (Account Department)
• Settle the Import Bill Application (Finance Department)
• Report
  • Instruction for Acceptance / or Payment
  • Instruction for Settlement (for Bank)
  • Instruction for T/R Extension
  • Settlement Notice

 

Functional Modules – Export L/C

Trading procedures of Export L/C of Finance Department.

• Initiates the Export L/C application (Finance Department)
• Report
  • Note of Export L/C
  • Note of Export L/C (Amendment)

 

Functional Modules – Export Bill

Trading procedures of Export Bill, between from Business Department, Account Department and Finance Department.

• Initiates the Export Bill Application (Business Department)
• Verify the Export Bill Application (Account Department)
• Confirm the Export Bill Application (Finance Department)
• Settle the Export Bill Application (Finance Department)
• Report
  • Application (Business)
  • Application (Finance To bank)
  • Disapprove/Reject Notice
  • Instruction of document disposals
  • Application for Negotiation of Documentary Bill
  • Notice of Discrepancies
  • Letter of Guarantee
  • Bank Draft
  • Export Bills Settlement Notice

 

Functional Modules – Bank Loan and Deposit

Operation procedures of Bank Loan and Deposit of Finance Department.

• Initiates the Bank Loan or Deposit Application (Finance Department)
• Confirm the Bank Loan or Deposit Application (Finance Department)
• Repay the Bank Loan or Deposit Application (Finance Department)
• Settle the Bank Loan or Deposit Application (Finance Department)
• Report
  • Bank Loan/ Deposit Instruction
  • Overdue List
  • Memo (Loan/ Deposit)
  • Monthly Unrealized Interest Report

 

Functional Modules – FX Contract

Operation procedures of FX Contract, between Business Department and Finance Department.

• Initiates the FX Contract Application (Business Department)
• Verify the FX Contract Application (Finance Department)
• Execute the FX Contract (Finance Department)
• Report
  • FX Contract Bank Instruction
  • Instruction of FX Execution
  • Instruction for Acceptance and Payment

 

Functional Modules – Fund Management

Operation procedures of Fund Management of Finance Department.

• Confirm the imported Bank Opening Balance (Finance Department)
• Confirm the Daily Bank Balance (Finance Department)
• Confirm the Funding Book (Finance Department)
• Confirm the Pooling Interest and Posting (Finance Department)
• Execute the Bank Account Statement Upload and Bank Reconciliation (Finance Department)
• Execute the Payroll Data Import (Finance Department)
• Report
  • Daily Bank Balance Forecast Report
  • Internal Facility Forecast Report
  • Payment and Collection Summary Report
  • Monthly Report Forex Balance

Outward Remittance Workflow

Outgoing Cheque Workflow

 

Outgoing Local Vendor/Staff Reimbursement Workflow

 

Outgoing Cash Workflow

 

Inward Remittance Workflow

 

Incoming Cheque Workflow

 

Incoming Cash Workflow

 

Incoming Cash Workflow

 

Import Bill Workflow

 

Export L/C and Export Bill Workflow

 

Export L/C and Export Bill Workflow

 

FX Contract Management Workflow

 

Fund Control Workflow