Is Fennech a Treasury Management System?

Fennech Financial is not a TMS although you will find that some of our solutions extend in the capabilities often found in TMS. Instead we act as a middleware between TMS, ERPs and banks allowing businesses to seamlessly integrate with Payment, Treasury, and Banking solutions helping to bring visibility, control, and end-to-end automated processing into existing infrastructures with minimal human intervention.

What is the Fennech Financial Framework (F³), and how does it work?

F³ is a cloud-based platform that blends the best of core banking systems, enterprise resource planning and treasury management systems. It's robust, scalable and tailored for your unique IT environment, offering custom solutions to manage payments, cash, risk, and financing more quickly, cost-effectively, and efficiently.

What is Fennech Financial and what services do you provide?

Fennech Financial is a Next-Gen Corporate Banking Platform as a Service. We deliver Hyper-automation of Finance, Treasury, and Payment solutions in real time on One Platform, The Fennech Financial Framework (F³). Our ultimate goal is to help you automate and optimise financial workflows to enhance efficiency, accuracy, and compliance in treasury and financial operations. You can use as many or as little of our solutions to suit perfectly your requirements. Find out more by exploring our solutions.

Unlocking Financial Insights: Overcoming ERP Challenges

ERP connectivity can be a headache. System gaps, data silos, and messy formats block real-time insights. Disconnected systems slow down transactions and cash flow. Integrating with partners adds complexity. Security worries and inefficient data exchange make things worse. To fix these problems, companies need scalable integration solutions, automated workflows, and secure, real-time access to financial data across the organisation.

Chief Revenue Officer

Melina Moussali

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Streamline financial data flow and bridge the gaps of your ERP with Fennech.

Common Problems in Financial Systems Integration

Many companies aiming to transform and hyper-automate their payments and treasury processes often encounter several operational challenges. These challenges can significantly impact efficiency and data flow across departments. Here are some of the main issues:

Fragmented Systems: Most corporates have separate banking systems, ERP Enterprise Resource Planning, and TMS Treasury Management Systems. These systems often operate in silos, leading to disjointed workflows and redundant data entry. This fragmentation makes integration complex and costly.
Data Silos and Inconsistencies: Legacy systems lack seamless integration with modern financial tools. This results in data silos and inconsistencies, which hinder realtime financial insights and slow down decision-making and analysis.
Complex Integration with External Partners: Integrating with external partners, vendors, and banks can be complex. This complexity can lead to delays in transactions and cash flow management.
Inconsistent Data Formats and Security Concerns: The use of different data formats and security protocols complicates the smooth exchange of financial information.

How to best address these issues

To effectively overcome these challenges, companies must implement robust, scalable solutions that enhance integration, automate workflows end-to-end, and ensure secure, real-time access to financial data. Here’s why these strategies are effective: