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Leading Corporate Banking & Treasury Management Solutions


Silver.net - Leading Cooperate Banking & Treasury Solutions

SILVER.NET COMPUTER SYSTEMS LTD - LEADING CORPORATE BANKING AND TREASURY MANAGEMENT SOLUTIONS Silver.net Computer Systems Ltd. is a privately held company established in 1988 in order to provide original software solutions meeting the treasury and corporate banking needs of the large sized, local and global organizations. Silver.net develops and markets an integrated product suite, which offers a complete treasury solution for clients - with over 70% of the top cooperation in Israel using it’s systems, spanning all economic sectors: chemicals, manufacturing, hi-tech, communications, financial services, retail education, healthcare and government. Specializing in Treasury Management Applications (TMA), financial solutions for corporate banking and treasury management, as well as additional services that compliment the applications; consulting, characterization, implementation, integration, training and maintenance. Riding the wave of a rapidly expanding market, Silver.net has earned a trusted reputation as a provider of superior financial, corporate banking and e-commerce management solutions - based on a comprehensive understanding of corporate treasury needs. Currently, more than 180 corporations and financial institutions rely on SilverNet technology, and the numbers have accelerated in the past years. The solution include innovation, functional / friendly user interface and full integration with all the core systems in the organization: ERP systems, book keeping and budget. Silver.net specializes in providing state of the art, integrative and high-quality solutions based on advanced technology, professional expertise and quality service. The system's information security has high and extremely progressive standards.

Learn more about our Silver.net V.Treasury solution via the following online presentation, by clicking on the red box.

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Hi – Tech, Communications, Insurance, Manufacturing, Industrial Enterprises , Marketing Networks and Services, Financial Services, Retail, Education, H e a l t h c a r e , t h e P u b l i c S e c t o r, Government Institution, Construction and various others. Please find below a selection of our satisfied clients, while governmental and other financial institutions are in bold:

brand name), MIGDAL (Generalli) I N S U R A N C E G r o u p , I S R ACA R D (MASTERCARD), Bezek International, Flying Cargo, AVIS, VISA , DEXIA BANK, Agan-Macteshim Chemical Manufactures, B e n G u r i o n U n i v e r s i t y, H e b r e w University, the Jewish Agency, Galam, the Israeli National Air Traffic Control, AGILENT, PELEPHONE, AFRICA ISRAEL GROUP , N i l i t , Israeli electricity Company, Agis (Perigo), Israel Aeronautic Industries, Shtrauss-Danone, Israeli Police, COMVERSE, Eilat Port Authority, Israel Train Company, ISRAEL POST Authority, ISRAEL STOCKS Authority and many others.

Silver.net - Leading Cooperate Banking & Treasury Solutions

Silver.net has a wide customer base, among them many leading companies in Israel - having installed over 600 FRM main modular components for 180 organizations spanning all economic sectors:

Motorola, NICE, VISONIC, NETAFIM, Osem (Nestle), Dead Sea Bromide Group, Gotex, Partner cellular provider (Orange’s

Silver.net has various other local and international clients, spanning all economic sectors.

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SILVER.NET V.FRM FINANCIAL SOLUTIONS Financial solutions for cooperate banking and treasury management - A solution suite that enables the financial desktop to be expanded by integrating additional modules at any time.

The V.FRM solution suite enables the financial desktop to be expanded by integrating additional modules at any time. The solutions integrate fully and seamlessly with the organization's core systems, and offer unique functionality t h a t d e l i v e r s o p t i m a l fi n a n c i a l management. Information security of the highest standards and a user-friendly rich in functionality interface are all built-in.

Silver.net V. FRM Financial Resource Management - an interactive modular solution for the management of the corporate financial resources and the core treasury systems including ERP; including an integrative cash flow and treasury m a n a g e m e n t s y s t e m S I l ve r. n e t V. T R E A S U RY, a c o r p o r a t e b a n k i n g management system SIlver.net V.BANK, a loans and deposits management system SIlver.net V.LOAN, guarantees and collateral management SIlver.net V.GRNT, managing financial risks SIlver.net V.RISK and SIlver.net V.MATCH A secure and controlled account reconciliation system that enables automatic adjustments of numerous types, including banks statements, credit cards, supplier and customer files and much more.

Silver.net - Leading Cooperate Banking & Treasury Solutions

Silver.net is a leader on the banking and treasury management applications segment in the IT market. It offers a variety of financial solutions that enable full integration with ERP systems and the organization's core systems. The solutions also streamline the unification of financial data from several sources.

Learn more about our Silver.net V.Bank solution via the following online presentation, by clicking on the red box.

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SILVER.NET V.BANK CORPORATE BANK STATEMENT SOFTWARE An integrative, secure and controlled solution for the import of data from local and global banks and credit companies, and performance of payment orders in all currencies.

V.Bank enables full integration between banks and financial organizations, to all ERP systems, accounting systems, V.Treasury for treasury management and other core systems in the organization and provides advanced control tools. The solution includes an automatic module that sends notices via e-mail to both Silver.net and customer Support Center and to a list of users, and a mechanism that automatically e-mails SWIFT copies to suppliers. V.Bank helps streamline work processes with the banking system to save control and protect significant resources.

Silver.net - Leading Cooperate Banking & Treasury Solutions

Silver.net V.Bank is a solution for global organizational banking - a modular, secure, automatic and controlled solution for the ongoing import of bank statements, balances and exchange rates, and performance of payment orders in all currencies.

Analysis and design experts designed a highly functional user interface that enables simple use of the Global Cash Management system. Using a standard browser, you can connect to the GCM system, regardless of your location, and receive financial data from around the world based on the required authorizations. A computer system flow signatories, authorized to sign payment and other orders, facilitates complex organizational signature processes: authorizations by signatory group, restrictions, authorities and legal entities assigned locally or globally. The system’s information security meets the most advanced standards, including RSA encryption, and complies with the provisions of Sarbanes–Oxley Act. The modularity of the solution enables the addition of Silver.net VFRM’s modules to create a complete financial desktop. The leading integrated solution for the import of bank statements and performance of payment orders V.Bank the leading solution for global organizational banking Imports bank statements, balances and exchange rates from local and global banks, credit card companies and financial organizations

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Full integration · The solution enables interfaces and migration between various platforms and connectivity to ERP systems such as Oracle APP, SAP, SBO, Priority, Movex, CODA and many others. · At leading companies, data is written directly into the tables of the various systems, through interfaces developed jointly with them or with global financial integrator. · Implementation of the solution, including setup of metadata, full monitoring and control of integration processes in conjunction with the unique needs of the organization. Account types · Modular retrieval of any available tipe of account including statment current loan, foreign currency and securities accounts, deposits of all types and foreign currency exchange rates, vouchers, crossrates and credit cards from banks. Work with local and global banks · Modular solution for local companies through global cash management for international companies. · Import of bank statements, balances and exchange rates, from all banks, credit companies and financial organizations. Information security and data protection · The data retrieved is stored in encrypted, uniform and controlled databases at the account type level · Password data is stored exclusively with the customers. · Option of compartmentalizing various bank accounts through different passwords, without any restrictions. Advanced reports · Automatic generation, every morning for timezone of a set of reports by user/company/printer groups, including a consolidated balance report, bank statements, obligo report and control reports. · Generation of advanced reports through queries run on data repository accumulated since initial operation of the system, regardless of the length of time the banks have stored the data.

Easy to use · Specification and design experts designed a highly functional user interface that enables simple use of integrative solutions. · Quick and simple access to data from anywhere worldwide. Service and support · Automatic service calls through a mechanism that issues e-mail alerts directly to the support center. · A team of exports is available to you by telephone or over the Internet. · A variety of SLA service contracts: basic service, silver or gold.

Silver.net - Leading Cooperate Banking & Treasury Solutions

Automatic data control · Automatic warning mechanism that sends an email directly to the support center and to predetermined users at the same time. · Reduplication mechanism that ensures that the database is sequential and controlled. · If there is a communications failure, the system skips accounts and fills automatically them in when the process is completed.

Quick and seamless integration · Implementation and integration experts are at your service to ensure quick and seamless integration of the solution by applying their expertise in development tools to reduce the costs associated with integration and operation Financial desktop · Modular solution for organizational banking, cash and treasury management – V.FRM – that enables you at any time to create a full financial desktop through the addition of modules: global management and performance of payments, cash flow management, loan and deposit management, adjustments, risk management and collateral management. Sarbanes Oxley Act · Compliance with the provisions of the Sarbanes Oxley Act, RTGS, basel and other standards. Back-up site and creation of DRP scenario · Option of copying systems to a back-up site for maintenance in case of emergency as well as creation of a syncronizled DRP scenario V.Bank/EDI the leading solution for global payments and logistic processes: Organizational signature · Signature system that facilitates complex organizational signature processes according to a the signature work flow: authorizations by signatory group, restrictions, authorities and legal entities assigned locally or globally Smart process scheduler · A process scheduler that enables definition of various processes at the frequency desired and according to sequence of activities, according to the organization’s work methodology

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Variety of logistics messages · V.Bank/EDI enables the automatic and controlled transfer of a wide array of logistics message such as orders, invoices, receipts, transmissions to customs, etc. Automatic distribution of SWIFT copy · Automatic distribution via e-mail of the SWIFT copy received from the bank to foreign suppliers, along with a cover letter with details of the invoice paid, as received for ERP. Interfaces · Integrative solution for automatic import of payment orders that interfaces to the organization’s core systems such as SBO, SAP, Oracle APP, Priority, Movex, CODA and many others. Payment factory – management of global payments · Management of performance of global payments from any place around the world through a single, user-friendly interface. Payment requests from different branches/subsidiaries around the world can be checked manually or automatically, using a complex signature system, as required. Monitoring and auditing · Performance of a complete audit of the work process and receipt of alerts when exceptions such as the following are found: IBAN mismatches, change in supplier account, etc.

Streamlining of organizational processes · V.Bank/EDI enables streamlining of operational processes in the interorganizational financial chain · Automatic creation and performance of complete business processes facilitates significant savings of resources and increased employee productivity. Information security and data protection · The data retrieved is stored in encrypted, uniform and controlled databases · RSA encryption of authorized signatures was approved by Banks, local and international organizations · Smart identification key – organizational MiniKey and MiniKey for each signatory Back-up site and creation of DRP scenario · Option of copying the systems to a back-up site for maintenance in case of emergency and creation of a syncronizled DRP scenario · Procedure for replacement of smart organizational MiniKey that is stored in a safe in case of emergency. Intercompany bank transfers · Ability to perform intercompany bank transfers from the financial desktop using the cash flow module V.Treasury. Roadmap · Extension to enable performance of transfers directly to banks by companies operating abroad, in conjunction with international organizations and use of standards such as SWIFT and/or SEPA.

Silver.net - Leading Cooperate Banking & Treasury Solutions

Link to local payment process · The solution that enhances local automatic clearing house process and/or performance of payments directly to banks through EDI and safes.


Cash flow management solution, a tool for controlling and supervising the administration of any financial or accounting department. Various leading Israeli companies have implemented successfully this solution.

Siver.net V. Treasury is an integrative solution which unites information from the different core systems within the organization (ERP / accounting / budget) and from the other financial divisions that manage the company’s accounts. Enabling the financial officer or treasurer of the organization full control on the current cash flow management and liquidity control. A maximum supervision on the financial activities of the banks and credit card companies. In addition, this is a tool for planning and self examination based on actual forecasting hinged on real-time data.   Siver.net V. Treasury is a financial desktop wh i ch e n a b l e s t ra n s f e r s b e t w e e n organizations, in any foreign currency and from the different company's accounts to any bank around the world. A web based system, allowing work from any location and at any time. A treasury notebook, enabling to build an individually tailored working environment for the individual's and the organization's methodological work.   Siver.net V. Treasury gathers automatically the balances from all the different company's bank accounts around the world at selected times, depending on time zones. The system perform cash flow matching and data classification; catching bank movements, while showing all the events in the accounts and comparing forecasts of anticipated movements from the ERP systems within the organization.  This is how the comparison process is executed between cash flow matching in

the data, including following the time line, comparison of forecasting versus performance and performance versus budget. One screen displaying different period’s profiles: day/ week/ quarter.   Each document which arrives from the core systems of the organization – from the order level, through to the invoice, the payment and the movement from the bank page – appearing in the forecasting cash flow of the  financial officer or treasurer in the different level of certainty. Producing various advance reports in an Excel or PDF format, through carrying out queries on the database. Showing reports in the different level of certainty according to the cash flow articles and past data analysing. The Siver.net V. Treasury system enables one to manage an actual daily flow; a short term flow, of the upcoming days. A mid term flow, of the upcoming quarter (forecast). A long term flow, while transforming the budget into a flow budget. A modular solution for any local and international company, enabling centralized or decentralized management of the global cash management.

The Siver.net V.Treasury solutions merge various financial data from different re s o u rc e s , e n a b l i n g a n efficient and accurate cash flow management.

Silver.net - Leading Cooperate Banking & Treasury Solutions

SILVER.NET V.TREASURY CASH FLOW MANAGEMENT SOLUTION


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Organizational signature Signature system that facilitates complex organizational signature processes according to a the signature work flow: authorizations by signatory group, restrictions, authorities and legal entities assigned locally or globally.   Smart process scheduler A process scheduler that enables definition of various processes at the desired frequency and according to the sequence of activities. According to the organization’s work methodology. Link to local payment processes The solution that enhances local automatic clearing house process and/or performance of payments directly to banks through EDI and safes. Variety of logistics messages Silver.net V.Bank/EDI enables automatic and controlled transfer of several logistics messages such as orders, invoices, receipts, transmissions to customs and many more. Automatic distribution of SWIFT copy Automatic distribution via e-mail of the SWIFT copy, which is received from the bank of foreign suppliers, along with a cover letter including details of the invoice paid, as admitted for ERP. Interfaces Integrative solution for automatic p ay m e n t o r d e r s t h a t i n t e r f a c e s organization’s core systems, such as Oracle APP, Priority, Movex, CODA others.

import of with the SBO, SAP, and many

Monitoring and auditing Performing complete audit of the work process, and receiving alerts when exceptions such as the following are found: IBAN mismatches, change in supplier account and many more.   Streamlining of organizational processes Silver.net V.Bank/EDI enables the streamlining of operational processes in the inter organizational financial chain. Automatic creation and performance of complete business processes, which facilitates significant savings of resources and increase employees' productivity.   Information security and data protection The data retrieved is stored in encrypted, uniform and controlled databases. RSA encryption of authorized signatures which have been approved by banks and other local / international organizations. Smart identification keys – organizational MiniKey and a MiniKey for each signatory.   Back-up site and creation of DRP scenario An option to copy the systems to a back-up site for maintenance in case of emergency, and creating a synchronized DRP scenario. A case of emergency procedure, replacing the smart organizational MiniKey that is stored in a safe.

Silver.net - Leading Cooperate Banking & Treasury Solutions

SILVER.NET V.BANK/EDI ELECTRONIC PAYMENT SOFTWARE

branches/subsidiaries around the world can be checked manually or automatically, using a complex signature system according to the requirements.

Intercompany bank transfers The ability to perform intercompany bank transfers from the financial desktop using the cash flow module Silver.net V.Treasury.   Roadmap Extension to enable the performance of transfers directly to banks, by companies operating abroad. In conjunction with international organizations and the use of standards such as SWIFT and/or SEPA.

Silver.net V.Bank/EDI - the leading solution for global payments and logistic processes.

Payment Factory – management of global payments Managing the performance of global payments from anywhere around the world, through a single userfriendly interface. Payment requests from different

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A solution for managing loans and deposits. Easily inputting and supervising taken and given loans, during the entire period of the loan.   Gain full control on your loan and deposit management, using several powerful automatic tools  for follow up and data control. Save time and make more sound decisions, based on accurate data.   Silver.net V. Loan is a loan management system;  taken and given loans, short or long term ones. enabling one to make work processes more efficient, using unique characteristics:

Silver.net - Leading Cooperate Banking & Treasury Solutions

SILVER.NET V.LOAN CORPORATE LOAN MANAGEMENT SOFTWARE

Automatic data management for full control The system includes automatic e-mail alerts when the end dates are approaching. Loans and repayments. Various loan types Secured / unsecured loans, term, seasonal, lines of credit and any other type of loan given to the business. Creating an automatic amortization schedule for interest rates Including various types of rates like fixed and floating interest rates. Full integration with the book keeping systems Noting in the journal vouchers all the loans and repayments set ups, revaluation orders and more. Applicable for a wide range of book keeping systems. Calculation of linkage Consumer Price Index (CPI) according to different bases, and other types of linkage depending on country of origin and region. Calculating accurate repayment dates Updating the schedule including holidays and local / international non-working days depending on the country of origin.   Full and accurate calculations Receiving definitive data. Controlling the bank's commissions subject to collection A control tool; calculating the bank's commissions independently to monitor the bank's calculations. Producing progressive reports Rendering a wide range of reports depending on the required parameters: maturities, repayments forecast, loans revaluation, erosion, loans list, credit utilization reports and many more. High standards of information security Information security which includes an extremely protected and controlled user authorization system. Maximal flexibility A dynamic system which enables making changes according to the user's needs: the ability to make early repayments, canceling installments, early repayment while creating a new amortization schedule, fund increase and others.

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Silver.net - Leading Cooperate Banking & Treasury Solutions

SILVER.NET V. MATCH RECONCILIATION SOFTWARE The ideal solution for reconciliation of bank statements, credit cards and other general reconciliation. Silver.net V. Match is a secured and controlled generator, carrying out an automatic reconciliation sequence of many kinds: bank statements, credit cards and suppliers/customers cards. In addition other reconciliation options can be added at your request. Silver.net V. Match enables full integration with all the core systems in the organization using interfaces which were developed in cooperation with the leading companies in the industry. Planning and characterization experts designed a unique functional interface for the user, enabling easy and simple use. This solution allows one to get a clear and wide picture at one glance. A web based interface, this intranet system enables work from any location at any time. An advance report generator providing numerous reports: reconciled / unreconciled information, commission control and more, all depending on the client's request. Producing advance customized reports in different formats such as Excel and PDF. Moreover, the system's information security has high and extremely progressive standards.

The ideal solution for reconciliation of bank statements, credit cards and other general reconciliation.

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Silver.net - Leading Cooperate Banking & Treasury Solutions

A variety of reconciliation and combinations One versus one, one versus many, many versus many. Automatic reconciliation Carrying out a reconciliation sequence, from the strictest to the flexible reconciliation , depending on the clients requirements. Flexibility The system's generator enables a wider match according to the client's needs. Simple to operate with an individual user interface Planning and characterization experts designed an anomalous functional interface for the user. Enabling one to watch the reconciliation data screen split horizontally or vertically, viewing the data side by side. This solution allows one to get a clear and wide picture at one glance. Full control and supervision Viewing the reconciliation data, with the opportunity to delete a single reconciliation. Data mining Queries for data identification, enabling to display movements and the reconciliation data. Credit cards reconciliation with Silver.net V. Match Silver.net V. Match enables reconciliation of deposits and/or refunds to the credit cards, including discount. Automatic inputting of the credit card companies' files into the system, along with  a variety of automatic management and control tools:   • Deposit reconciliation • Refund  reconciliation • Commission control • Inputting files from various terminals: different applications, credit card clearing companies, Retalix and many more. • Cancelled and deniable transactions versus the billing system. • Full integration with the organisations core systems. Updating the required journal vouchers such as credit invoices, transactions cancellation and more. • Inputting pages and transactions from credit cards companies via Silver.net V. Bank for full control on the financial activities. • Managing a wide range of credit card transactions. Banks reconciliation with Silver.net V. Match Silver.net V. Match is a cutting edge automatic tool for efficient control and management of banks  reconciliation: • • • • • • • • • •

Full integration with every Enterprise Resource Planning (ERP) system,  including sap and Oracle applications. Using interfaces which were develop in collaboration with the leading companies in the market. Creating journal vouchers for balance. Commission management. Reconciliation at a bank level: group accounts / single account. Opening and closing in every page for inspection. Flexibility with deblocking closed groups and reassociating them. Seeking movement easily. An innovative reports generator: comparing the books movements versus the bank movements / closing bank balance / closing books balance or continuity bank pages and many other reports depending on the organization's needs. Inputting bank pages from different account types via Silver.net V. Bank for full control on the financial activities. International companies can enjoy remote installation on their servers overseas.

A modular solution for local and international companies, enabling to work with international banks and in foreign currencies.

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Silver.net - Leading Cooperate Banking & Treasury Solutions

SILVER.NET V. GRNT GUARANTEES AND CREDIT RISK MANAGEMENT SYSTEM Silver.net V.Grnt is a management and tracking solution for given / received guarantees and collaterals. This solution is currently only available to Israeli based companies and has unique characteristics: • • • • • • • • •

Lengthening or shortening the guarantee period. Increasing / reducing the guarantee amount. Managing the volume of credit. Calculating linkages and interest rates at any given time. Controlled management of linkage. Supervising given / received guarantees. Managing fixed / changing interest rates. Forfeiture of guarantees. Supervising the fees charged by the banks.

“Israel's strong technology start up scene has correctly earned the tiny state its growing reputation as the world’s second Silicon Valley” The Telegraph

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SILVER.NET V.DOC DOCUMENT MANAGEMENT SYSTEM Enabling full control and supervision, maximizing the knowledge management within the organization.

Advanced functionality Work comfortably with this cutting-edge documents management system, utilizing its unique characteristics which include:   • Multi company management - adding unlimited amount of companies to the scanning system. • Automatic indexing - barcode scanning . • Receiving messages from Outlook (Local or Exchange). • Authorization management - by levels. • Link files - adding a scanned page to a related existing file (same certificate). • Document encryption. • Detection and segmentation of documents in the system – locating documents in no time, according to different departmentalization characteristics. • Units and cases management (including printing notes per unit) – scanning material without a barcode, with no prior preparation and in large quantities. • Full support of all documents types – invoices, service calls, customer order and many more. • Sending via email or printing collectively.  • Managing various storage methods. • Managing the scanning work-station, which includes a link to the scanner and the storage methods. • Document transmission to the ERP system - document scanning or departmentalization is done regardless to the ERP system connection which enables viewing the document. • Various reports for supervision and control.

Silver.net - Leading Cooperate Banking & Treasury Solutions

This solution is currently only available to Israeli based companies, integrating with the ERP systems in the organization and including various innovative features

Full integration with ERP systems Silver.net offers its clients technological know-how and years of integration experience working with the organization core systems Short term implementation within the organization   Application specialists are available at your disposal, enabling rapid implementation of the solution. The duration of an average project is two to three months.

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W: www.silvernet.co.il P: Prezi Presentation E: info@silvernet.co.il T: + 972 (0)3 6881808 F: +972 (0)3 6881807 A: Beit Ha’sapanut, 3 Nirim St, Tel-Aviv 67060, Israel


Silver.net  

Silver.net Computer Systems Ltd - The leading corporate banking and treasury management solutions company.

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