FinLync is a global fintech company dedicated to transforming corporate finance and treasury operations by integrating enterprise resource planning (ERP) systems with real-time banking data. By aggregating global banking APIs, FinLync enables treasurers to optimize cash management, make faster and more informed decisions, and reduce the resources required to handle complex financial tasks. Their ERP-native applications and API connectivity solutions are designed to provide seamless, real-time payments and cash management capabilities, empowering finance professionals to enhance operational efficiency and financial control.
Key Features and Functionality:
- ERP-Native Applications: FinLync offers a suite of applications that integrate directly into existing ERP systems, facilitating real-time data access and streamlined workflows.
- API Connectivity: The platform provides pre-integrated connections to over 100 global banks, enabling seamless multi-bank API connectivity for real-time payments and cash management.
- Real-Time Payments: Users can initiate and process payments in real-time, enhancing cash flow management and reducing transaction delays.
- Comprehensive Treasury Solutions: FinLync's offerings include applications for balances, approvals, payments, status tracking, reconciliation, accounts management, financing, and forecasting, addressing various treasury needs.
Primary Value and Problem Solved:
FinLync addresses the challenges faced by corporate finance and treasury departments that rely on outdated, disparate, and legacy systems. By embedding real-time banking data directly into ERP systems, FinLync provides treasurers with immediate visibility into cash positions, enhances decision-making capabilities, and reduces the time and effort required for bank integrations. This integration leads to improved operational efficiency, better cash optimization, and a more agile response to financial demands, ultimately transforming the treasury function into a strategic asset within the organization.