Compass Forex Management
Compass Forex Management is the latest product of Compass Suite Series, which handles all the currency exchange transactions and remittance processing for foreign exchange & financial services companies.
Compass Forex Management covers the following areas:
· Chart of Account, auto generation for JE
· Currencies Management: rates, notes, tolerances…
· Shifts Management
· Exchange Voucher
· Cash Management: cash transactions, finance centers, currencies revaluation, and payments approvals.
· Remittance: Internal & external remittance, multi branches, data transfers
· Multi currency support world wide
· Services JE processing, journals templates, group posting.
· Anti Money Laundry Protection: The integrated Anti Money Laundry function in COMPASS isa state of the art mechanism to track and prevent Money Laundry through.
· Integrated OFAC List and European Sanction List
· File Upload and Download Interface
· Consolidated Customized Reports