Products / Online Currency Exchange System - FrontExchange

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April 24, 2008

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ERP for Factoring Services

ERP-system for StroyCredit-Factoring company: automation of Factoring Services.

FrontExchange - functions and modules:

FrontExchange has modular structure and can be delivered in various configurations. Below is a list of the functional modules and functionality breakdown by the module:

Name of module Functionality
Core module *
  • Provides management and control of exchange rate settings, transactions control, current status reports, funds transfer information, comprehensive financial report, access and permissions control;
  • Automatic recalculation of rates based on external currency rates source (e.g. the Central Bank of Russian Federation);
  • Exchange type supported: instantaneous exchange;
  • Multilevel access and security subsystem.
Delayed Transaction module

This is a supplementary exchange operation, which allows the system accept exchange orders/requests with delayed payment option. Like instantaneous exchange transactions this one is fully automated. Extra functionality provided by the module:

  • Exchange transaction types: instantaneous, delayed;
  • Independent rates and limits settings for the two exchange types;
  • Configurable funds reservation mechanism for the delayed exchanges.
Users Registration and Discounts module
  • Provides a personal on-line "user office space", user registration (optional);
  • Enables a configurable discounts scheme for registered users.
E-mail Notification module (mailing lists) **

Enables e-mail notifications to users and service owners/partners. Its capabilities include the following:

  • Mailing lists can be formed from any user subset selected from the database;
  • Scheduled e-mail notifications;
  • Mailing can be stopped and resumed at any point, even in interruption happened as a result of malfunction;
  • Ability to personalize notification text by including personal user details, such as user name, a particular user's discount rate figure etc.
Referral Program ***

Designed for promoting the service by placing advertising banners on partner sites with fee calculation for client referrals. This module includes:

  • «Partner office space»: manage statistical reports, banner codes, personal settings funds exchange and cashing out;
  • Calculation of client referral fees;
  • Calculation of bonuses as percentage from exchange owner's profit generated by the referred new customers;
  • Fee and fixed rate calculation for non-profit transactions;
  • Management of a multi-level referral program, automatic level changes for a qualified partner, capability to set a personal bonus for a particular partner;
  • A multi-level fraud protection subsystem
PIN-code Sales module for pre-payed cards This module allows selling online of pre-payed cards issued by various operator companies width any supported electronic currencies.

Modules that interface with electronic payment systems

WebMoney Supports WMZ, WMR, WME, WMU, WMB, WMY, WMG
Yandex.Money Supports RUR
Money@Mail.ru Supports USD, RUR, EUR
E-Gold Supports USD E-Gold
Liberty Reserve Supports USD, EUR
e-Bullion Supports USD
Sale and purchase e-currency via Bank Transfer Sale and purchase of electronic cash for non-cash currency using bank transfers. The transaction is semi-automatic and runs under operator control

FrontEchange software can be customized according to the requirements of any particular project and customizations can include integration with third-party services and/or connection to new payment systems. Please e-mail us or contact our central office.

Notes:

* Core is mandatory.

** Mailing lists module requires Registration module or Referral Program as a prerequisite

*** Referral Program requires Delayed Transaction module as a prerequisite

Need more info? email us or call the head office.