Money Exchange

“Currency Exchange with Total Control”



 

Optimum Money Exchange module is an integrated system which covers the entire cycle of money exchange process from sale and purchase of currency to the money exchange and then updating the currency stock by store and cashier in-charge.

 

Optimum Money Exchange The system calculates the commission electronically for each transaction and updates the income statement with profit or loss in real-time to sub-ledger. The module automates the currency operations between cashiers, branches and main branch.

 

Money Exchange Functionalities:

  • Currency Purchase Management
  • Currency Selling Management
  • Internal Currency Movement
  • Dashboards, Inquiries & Reports

Optimum Certificates
Why Optimum?
  • Unlimited Sales Currency
  • Unlimited Purchase Currency
  • Currency Inventory Management
  • Selling/Purchasing Rate
  • Cashiers Inventory Transfer
  • Profit Margin Calculation
  • Inventory Revaluation
  • Business Intelligence Reporting
  • In-Built Document Workflow
  • Bi-Lingual Arabic/English
  • Powerful Security Control
  • Fully Integrated ERP
Technologies
  • Internet / Intranet Based
  • Accessible Through Any Browser
  • ASP.NET & C# Development Tools
  • Microsoft SQL Database
  • Mobile Application

FUNCTIONALITIES

 

Optimum Money Exchange Module provides the fully fledged functionality to buy various currencies in through the system with following features:

  • Unlimited currencies setup
  • Setup accepted currencies
  • Setup stores
  • Setup purchase rates
  • Setup commissions
  • Add buyer data in the database
  • Purchase currency and attach supporting documents
  • Add currency using FIFO evaluation to:
    • Treasurer
    • Purchase outlet
  • Post accounting entries
  • Post daily transactions for to general ledger in real-time
  • Reports and inquiries

 

Optimum Money Exchange Module provides the fully fledged functionality to sell various currencies in through the system with following features:

  • Setup Unlimited Currencies
  • Setup unlimited number of sales outlets
  • Setup stores
  • Setup sales rates
  • Setup sales commission
  • Add customer data in the database
  • Sell currency and attach all supporting documents electronically
  • Deduction currency through FIFO method of stock:
    • From treasurer
    • From outlet stores
  • Post accounting entries
  • Post daily transactions to general ledger in real-time
  • Reports and inquiries

 

Optimum Money Exchange Module provides the flexibility to internally transfer currencies through the system with following features:

  • Internal currency movements include transfers between:
    • From one cashier to another
    • From one outlet to another
    • From one branch to another
    • From the main cashier to other cashiers
  • Post accounting entries
  • Post daily transactions to general ledger in real-time
  • Reports and inquiries

Optimum Money Exchange Module provides the functionality to maintain all customer related data in the system with following features:

  • Add all customer data
  • Attach all related documents electronically
  • Maintain customer contacts
  • Number of transactions by:
    • Day
    • Month
    • Year etc.
  • The amount of transactions by:
    • Day
    • Month
    • Year etc.
  • Reports and inquiries
  • Electronic alerts and reports
 
 
 
 

The Dashboards, Inquiries & Reports are integral part of all Optimum Modules providing detailed analysis and statistics of any organization. The system is available at user level or at management level based on the access rights and privileges. Access Rights can also be granted at department level to view information for particular departments.

The system in Time Attendance module has a variety of functions including Access Control, Roster Management, Manpower Planning and Attendance. In self-services users can view their dashboards providing information like their attendance, decisions taken, roster for the period and actual swipes.

 

Dashboards, Inquiries & Reports Functionalities:

  • Attendance Status by Shift
  • Employee Roster
  • Department Roster by Shift
  • Attendance Trends
  • Decisions Taken Trends
  • Time Gain/Lost Trends

Optimum Certificates
Unique Features
Product Specific
  • Real-Time Access Control
  • Shifts Management
  • Attendance Control
  • Workforce Management
  • Project Time Sheet
  • Time & Attendance Indicators
Product General
  • Supports Document Attachment
  • In-Built Document Workflow
  • Posting Alerts (Emails,SMS.)
  • Powerful Security Control
Technologies
  • Internet / Intranet Based
  • Accessible Through Any Browser
  • ASP.NET & C# Development Tools
  • Microsoft SQL Database
  • Mobile Application