Financial planning
Most insolvencies are so-called “solvent bankruptcies” the causes of which, more often than not, are unfortunate financing decisions.
The increased efforts of financial institutions to avoid “bad loans” are reflected, for example, in the requirements from Basel II.
In a lot of cases, the lack of continuous financial planning, which occurs in time with the accounting itself, leads to wrong financing We were of the opinion that with our easy to use system and without creating dependencies, we should provide assistance for small and middle-sized businesses.
None of the financial accounting systems known to us are really in the position of enabling financial planning in relation to balance sheet continuity. There are many financial planning systems on the market but none of them really provide dynamic balance sheet continuity together with current accounting.
The systems are often created especially for the requirements of particular financial institutions, or have been initiated by them. In our opinion, it is what is important and right for your business that counts and not so much what the bank wants. This is where RediPro can help.
Planning finances
One extremely important aspect of the entire financial plan is planning the financing. Financing usually has to be planned with capital from credit institutions. Repayment plans that are completely in line with the cash flow can result in huge savings on interest fees. Financing that has been calculated “off the top of the head” and is purely straight-line can result in expensive intermediary financing needs. This can easily lead to illiquidity. In particular companies with seasonal business, profit from repayment plans that are exactly in line with company cash flow.
The bank is interested in whether the interest and repayment instalments provide them with a good profit margin. But for you, it is important that the costs of financing are as low as possible and that solvency is assured.
Favourable costs of financing and assured solvency are the aims of RediPro’s module on financing planning. RediPro has adopted the algorithms of Walter Lang Finanzsoftware GmbH from Austria.
Almost any number of commitments can be watched and planned in one portfolio. The results of the external financing plan are incorporated into the financial master plan.
Even small businesses can now afford the financial management instrument used by the big global players.
- Loan and credit calculation
- Loan and credit parameters
- Loan and credit management
- Loan and credit planning
- Automatic editing of changes to the terms and conditions
- “Loan splitting”
- Credit calculation
- Credit consultation
- Credit details
- Repayment plan management
- Effective interest rate calculation
- Summary of several credits for comparison purposes