One of the most trusted, robust and highly scalable
ERP for forex & remittance business

• Bundled with 3 unique mobile apps for Management, Sales & Branch Operations.

• Realtime financial accounting, stock management, credit alerts and more.

• Excellent branch operations and treasury solution.

USPs of iExchange ERP

Mobile Apps

App for Management to view bussines
health, Profit etc. App for
Sales Team & Branches for operations

Compliance & Monitoring

Integrated with foresassist.in, validates UN Sanctionn list,
OFAC list, HM list, EU list, etc

Accounting System

Instant posting and availability of transactions effect in GL,
Trial Balance, P&L, MIS, Trading, B/S etc

Digitisation

theforexapp, mobile app for B2C offering to your end customers,
fully integrated with IExchange

User friendly, web based solution

The solution is designed by keeping in mind the distinct operations revolving around the foreign exchange and remittances business. Right from creating an invoice till its financial accounting, including compliance & risk monitoring, credit management, exception approvals and more is managed efficiently. It is built on latest technology that makes the solution highly scalable.

Features of Software

Organization Setup
Complete organization setup like employees, departments, cost center branch locations and more
Stock/Inventory control
Stock / Inventory control with AWP mechanism, FIFO reports & Aging analytics.
Compliance Integrated
Compliance integrated with www.forexassist.in, UN Sanction list, FATF, OFAC, market risk etc. on real time basis scanning
Tax Compliance
Tax compliance, calculation, collection and related reports
Financial Accounting
Full-fledged Real-time financial accounting system right from General Ledger to P &L, Trading and Balance Sheet.
Emails & SMSes
Customer & Internal communication system by way of Emails & SMSes.
OTP Control
OTP control on many critical activities and exceptions like Cash exceeding permitted limits, transaction value above threshold value etc.
Multi-Branch Operations
Multi-branch operations with Head Office concept
Franchisee Network
Provision of extending the system to franchisee network
Agent / B2B Partner
Provision of extending the order booking module to agent / B2B partner network
Centralize Operations
Centralize operations supported like Central Banking, Central Credit Controls, Centralized Volume limits and more
Ticketing Tool
A unique built-in Ticketing Tool with maker, approver and checker concept. Do not depend on external mails or messages, have it all right inside the system and track it for life!
Audit & Analytics
Audit & analytics, predefined logic for audit alerts & log maintenance
Treasury Management
State-of-the-art treasury management function for remittance & cards product
Live Rate Integration
Live rate integration for real-time analytics and controls
Fund Confirmation
Fund confirmation and approval workflow to ensure the release of forex against confirmed credit in the bank.
Lead Management System
LMS – Lead Management System to manage the leads, follow up, conversion of lead to order followed by invoicing
Reporting
Reporting - Financial reports, compliance reports, stock reports, operations reports, denomination management and more
BOD / EOD
Beginning of day & end of day process as followed by banks
Bank Reconciliation
Excellent Bank reconciliation module, two-way reconciliation supported. Entries of banks also become open items if not processed. No need for external tools or excel maintenance to review the same
Direct Payment
Direct payment facility to the bank account of customer or money changer or vendor from the system*. Bank integration will be required.
Mail Based Approval
Mail based approval mechanism like loss approval, credit approval and more with complete logs & multiple level of authorization.
Miscellaneous Invoice
Offers to host miscellaneous invoice generation like air ticket invoicing, hotel invoicing, visa services or some other misc. services. Custom workflows are available here
Structured Reporting
Structured transaction reporting, FIU reporting, etc. are other key features.
Improved Productivity
Proven track record of improved productivity of the existing users of iExchange & powerful controls
Aging Analysis
Aging analysis of the customer receivables and vendor payables
MIS Reports
MIS reports depicting gross profit, expenses and net profit of the branch on daily / weekly / monthly / MTD / YTD basis.
Maximize the Profits
Unique tools and logic to help maximize the profits of organization (subject to efficiency)
Speed Up
Speed up with self registration tool for busy / airport counters. This reduces the work of your team at least by 40% for transaction processing
digiDelivery
digiDelivery* app is also available as an optional feature to offer end customer truly digital experience right from transaction booking till last stage of execution. This product can be used to manage any other products' deliver lifecycle.
Web Technology
iExchange is built on Web Technology, powered by Microsoft, it is highly scalable.
Automated Reporting
iReporting is the most powerful tool that delivers the reports to you in your mailbox on pre-defined time schedule like hourly, daily, weekly, monthly etc. iReporting has been recognized and appreciated during system audit in Hong Kong. You no more need to wait for data from your team, let iReporting provide what you need!

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Our Address

BRAINWORX INFOVISION
57 Centrium Mall,
Lokhandwala Township, Kandivali (E)
Mumbai - 400 101.
+91-22-40101001 / 49713003 / 9820398703

Call Us

Call to learn more about us. Available M-F
10:00 a.m. to 6:00 p.m. IST

+91-9892022852 / +91-8879737898

Chat With Us

WhatsApp to know more about iExchange.