IBSFINtech

RATING:

4.5

(14)
Overview

About IBSFINtech

IBSFINtech is an Enterprise Treasury, Risk, and Trade Finance Management (TRTFM) solution. The product portfolio comprises the following modules- - Innovative Treasury Innovative Trade Finance7i (On-prem) Exclusive modules for Currency, Hedge Accounting, Commodity, and Money Market (Investment) and with exclusive modules for Import-Export Management and Borrowings, Liquidity & Cash Management - IBSFINtech’s SaaS TMS InTReaX – powered by Refinitiv data & analytics Cash & Liquidity Management: A single unified platform providing a view of the global cash position VNDZY - Solution for Supply Chain Management- ·The solution covers the entire lifecycle for Supply Chain including AP & AR, right from Onboarding to Realizations. ·Backed by AI, it not only digitizes the ...

IBSFINtech Pricing

Starting price: 

₹250,000.00 

Free trial: 

Not Available

Free version: 

Not Available

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IBSFINtech Reviews

Overall Rating

4.5

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for IBSFINtech

1 - 5 of 14 Reviews

Ravikant

Internet, 501-1,000 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2020

Treasury & Trade Finance

When we purchased this product that time it was very initial phase but that time also we were able to match our exceptions. Now product is enough mature and as per me it is the best product to use for any kind of industry.

PROS

This is very flexible and easy to use. You can accommodate your all the requirement whatever is required as per the standard.

CONS

NA

Reason for choosing IBSFINtech

Considering the budget, functionality ,feasibility and user friendly.

Vendor Response

Thank you for your valuable feedback, Ravikant. We are glad that you are happy with our product offering.

Replied August 2021

Anil

Food Production, 501-1,000 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed March 2020

Innovative Treasury by IBS Fintech, India

Over all happy with the product and service with the Innovative Treasury. We are evaluating to take the trade finance module soon.

PROS

Most user friendly approach with flow of trade from front office to back office. Easy management of compliance requirements like underlying tracking, hedging and unhedging with cash flow tracking. Modular structure enables to add new features without changing the basic architecture.

CONS

Would be great to have 2nd order derivative pricing/ MtM from the system.

Reason for choosing IBSFINtech

Quick implementation, ease of use and modular structure.

Reasons for switching to IBSFINtech

Complex architecture and flow of trade.

Vendor Response

Thank you for your valuable feedback, Mr. Jena. We have made a note of your observations and will incorporate the same in our product roadmap.

Replied August 2021

Suresh

Chemicals, 501-1,000 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

3

VALUE FOR MONEY

2

CUSTOMER SUPPORT

2

FUNCTIONALITY

2

Reviewed August 2021

Indofil review

PROS

Due date tracker and eefc management useful

CONS

Time consuming and take lots of time to approve

Anuj

Import and Export, 501-1,000 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2022

Comprehensive solution

PROS

It's an easy-to-use, comprehensive solution that truly digitizes and automates our treasury processes. It also seamlessly integrates with our ERP. Customized solution with market data real-time integration (Refinitiv) proved to be valuable for us and improved our treasury and working capital ecosystem.

CONS

More banks can be onboarded. Some processes still need to add to the system.

Harshad

Chemicals, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed March 2020

A very useful product to ensure smooth functioning of Treasury

PROS

Customary features which accommodates all the requirements of transaction processing - Trade transactions.

CONS

Very limited access to user for customization and independence.

Vendor Response

Dear Sir, Thank you for the feedback. Customization is specific to organizational workflow and hence the limitation in giving that control to the user. But we will take into account the feedback provided and try to increase the user independence.

Replied April 2020