All IBSFINtech Reviews
1-13 of 13 Reviews
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Ravikant
Internet, 501-1,000 employees
Used daily for more than 2 years
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.
PROSThis is very flexible and easy to use. You can accommodate your all the requirement whatever is required as per the standard.
CONSNA
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
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.
PROSMost 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.
CONSWould 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
OVERALL RATING:
3
EASE OF USE
3
VALUE FOR MONEY
2
CUSTOMER SUPPORT
2
FUNCTIONALITY
2
Reviewed August 2021
Indofil review
Due date tracker and eefc management useful
CONSTime consuming and take lots of time to approve
Anuj
Import and Export, 501-1,000 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2022
Comprehensive solution
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.
CONSMore 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
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
Customary features which accommodates all the requirements of transaction processing - Trade transactions.
CONSVery 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
Pankaj
Food Production, 1,001-5,000 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed August 2021
Good
This is a good treasury module system which can be customised as per requirement.
PROSCustomization and this suits our business requirements.
CONSRigorous testing before putting any development to live.
Reason for choosing IBSFINtech
Customization and suits the business requirements.
Ajinkya
Consumer Goods, 1,001-5,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2021
Best treasury tool for trade finance
1.Ease of access & error free transaction 2.User friendly 3.Clear visibility of transactions & reliable 4.Customised reports
CONS1. Two different extremely efficient tools i.e TF & TR however if they make single tool for both txn it will be helpful.
Vendor Response
Thank you Ajinkya for your valuable feedback. We have made a note of your suggestion and will try to incorporate the same in our product roadmap.
Replied August 2021
Saikumar
Pharmaceuticals, 1,001-5,000 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2022
Good Product
This application can be customized based on the user requirements
PROSUser friendly & Email alerts are very useful
CONSIntegration & coordination Issues
VINIT
Mechanical or Industrial Engineering, 1,001-5,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed August 2021
Staff is also approachable.
User Friendly product. Anybody can easily teach the subordinate.
CONSWhen PO No. is entered it should capture all the details exist in the PO, but we need to mention Profit Centre/Division first then PO No.
Vendor Response
Thank you, Vinit for your valuable feedback. We will review the feedback and revert to you with a suitable solution.
Replied August 2021
subodh
Machinery, 1,001-5,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed November 2022
very good
Good
PROSthis software is very nice, it is use in company level
CONSthis software is very nice, it is use in company leve
Priyank
Mining & Metals, 10,000+ employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed August 2021
Treasury front office review
Most I like about the software is ease of use and customer support
CONSLeast I like about this software is nothing material I can think of
Shalini
Wholesale, 11-50 employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2021
IBSFINtech Review
Very User Friendly. Reporting is on timely basis.
CONSSometimes gives errors but it gets resolved by customer service immediately
Vendor Response
Thank you Shalini for your kind review. We have made a note of your observations and will ensure we further streamline an error-free solution for you.
Replied August 2021
Kim
Hospitality, 51-200 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2019
Easy to use, great training program
The launch of our company using IBSFINtech could not have gone smoother. The website is easy to navigate and customer service is very responsive
CONSNo complaints about IBSFINtech, love this software!
Vendor Response
Thank you for your valuable feedback, Kim.
Replied August 2021