BINETIX® PTM™ DELUXE 2021 (in short PTM'21) is the current version of the Software Platform for money transfer management, which is available on the Bulgarian and European markets. The current version of PTM™ DELUXE will be available for deployment and will be functionally maintained through regular product cycles with a fixed period of 12 consecutive calendar months. Each cycle covers the period from April of the current calendar year to March of the next calendar year. The processes of preparation, design, manufacturing and testing of a new version of the System are started in stages by Q2 of the current calendar year and by the end of Q4 it is declared readiness to implement a new production version, which can be granted in case of requested interest under limited conditions for pre-review and evaluation until the beginning of the next product cycle. The System is available with standard and preferential functional support. |
General functional enhancements
A.New Functionality •[NEW] Module "Corporate and Group Transactions" - Added option for group processing of different types of Postal Money Transactions. •[NEW] Module "Corporate and Group Transactions" – The Group Transactions are now registered also as individual transactions with their own unique bar-code number, which can be used to make additional intersection search within the entire group of transactions. •[NEW] Module "Corporate and Group Transactions" - Added ability to register Group Transactions for Cash operations. •[NEW] Module "Documentary Operations" - Added option for quick access to Orders available at the screen for Management of Documentary Records. The Records screen is filtered automatically for the respective payment channel / type of Documentary operation. •[NEW] Module "Documentary Operations" - Added option to create Orders directly from the screen for Management of Documentary Records. The standard functionality to create Order from selected Documentary Record is also preserved and available. •[NEW] Module "Documentary Operations" - Added option to manage value date of operation. Values can now be entered up to one calendar week back, with the limit for future dates being maintained. This option is optional, as the field can be left blank, which leads to the selection of the current value date. •[NEW] Module "Documentary Operations" – Added functionality for account currency control. This functionality occurs in cases when accounting “Orders for issuing (Release)” of LOC (Letter of credit) by own funds. A message is displayed if the client’s bank account is in different currency then the currency of the LOC. •[NEW] Module "Documentary Operations" - Added ability to track the total accumulated amount of documents from active Orders for payment to Documentary records of import and export Letters of credit. •[NEW] Module "Documentary Operations" - A separate field "Amount of documents" has been added, in which the sum of all amounts from all payment Orders is calculated. Refused orders (in the status " Refused ") do not participate in the calculated sum. •[NEW] Module "Documentary Operations" - Upon completion of payment Orders and Orders for sending documents, the field "Paid amount" in the respective Documentary Record is recalculated. •[NEW] Module "Documentary Operations" - A field "Balance on documents" for Documentary Records of Letters of credit import and export has been added, in which the difference between the amounts of the maximum commitment and the field "Amount of documents" is calculated. The new field is for information only and cannot be edited. •[NEW] Module "Documentary Operations" - An option for tracking a paid amount has been added, as the values are aggregated in the "Paid amount" field of the Documentary Record. The aggregation is done only after the completion of the relevant Payment Orders or sending documents. •[NEW] Module "Documentary Operations" - Added ability to manage multiple maturities on the same date. •[NEW] Module "Documentary Operations" - Added ability to duplicate Orders. •[NEW] Module "Documentary Operations" - A printing screen has been added to summarize the contents of an entire Documentary Record or a selected Order. •[NEW] Module "Documentary Operations" - A new "Transaction date" filter has been added to the accounting operations screen, which can be used to filter records by accounting date for a given period. •[NEW] Module "Documentary Operations" - A new "Status Date" filter has been added to the accounting operations screen, which can be used to filter records by their last operating status change. •[NEW] Module "Documentary Operations" - A new "Value date" filter has been added to the accounting operations screen, which can be used to filter records by their last Value date change. •[NEW] Module "Documentary Operations" - Added ability to filter accounting operations by amount in a specified numerical range. •[NEW] Module "Documentary Operations" - Added ability for filtering accounting operations by amount in BGN in a defined numerical range. •[NEW] Module "Documentary Operations" - Added ability for filtering accounting operations by accounted amount in a defined numerical range. •[NEW] Module "Documentary Operations" - Added ability for filtering accounting operations by specified organizational unit and by direction (outgoing / incoming). •[NEW] Module "Documentary Operations" - Functionality for hybrid intelligent search of accounts by system nomenclatures and in external systems has been added (requires integration with the respective systems). When entering text, the user has the following options - recognition when searching for BIC, IBAN, currency, account category, fee code, code / signature of organizational units, account applications. The entered text can contain a space, comma, semicolon, slashes, and vertical line. •[NEW] Module "Documentary Operations" - Module "Documentary Operations" - Bank clerks and customer service specialists now have access to new optimized screens for quick entry of all necessary Order fields. The previous manner of managing Orders from a Documentary Record by the back office is also available. •[NEW] Module "Documentary Operations" – In Order Management and Accounting Operations a new control status “Preparation for accounting” is added. This is an intermediate status in which operations are compiled without being executed. Thus, the user can review, edit and refuse the compiled operations before sending them for actual accounting execution. •[NEW] Module "Documentary Operations" - A new option for reversing of accounting operations has been added. This action is only allowed for the user who initiated the respective accounting operation. Optionally we can set up a second control before the actual reversal is performed. Reversal (within the same day) and cancellation operations are supported. •[NEW] Module "Report operations" (Requires module “Documentary Operations”) - New report “Accounts reconciliation" is available. Where you can filter executed accounting operations in Documentary Records. •[NEW] Module " Postal money transactions" - A two-stage model with a second control for servicing and processing of non-cash transactions has been created, which allows accounting experts to monitor and control blocked transfers. •[NEW] Module " Postal money transactions" - Added option to distribute the work when servicing blocked transfers by a larger team. •[NEW] Module " Postal money transactions" - The functionality for changing the requisites of money transaction from the back-office and the operator-center (call-center) has been completely redesigned. There are new functional and visual capabilities for revision and control of the changes in the data of sender (ordering party) and recipient (beneficiary).
B.Functional Changes and Fixed Issues •[ADD] Module "Functional core" - Extended functionality for monitoring cash flows and transactions at fixed periods. It is used in reconciliation and audit of transactions. •[ADD] Module "User Portal" / "Documentary Operations" - Added access of operators, clerks and specialists working with clients to the new screens for registering Money Orders. •[ADD] Module "Corporate and Group Transactions" - The options for automatic input of composite transactions to a group are expanded with import from an external file with a fixed format (more information is available on demand). •[ADD] Module "Corporate and Group Transactions" - Functionality has been added for comparison and control between the total amount of the Group money transaction and the composite money transactions within the group. •[UPD] Module "Corporate and Group Transactions" - The navigation tool of the composite transactions in the group has been improved to quickly scroll and go at the beginning of the work-list. •[ADD] Module "Corporate and Group Transactions" - Added ability to automatically generate IBAN or bar code numbers for composite transactions in the process of their registration (manually or when importing from a file). •[UPD] Module "Documentary Operations" - Extended function for client accounts searching - for convenience, accounts can now be selected directly from the combo box (drop-down menu) instead of being entered manually. •[ADD] Module "Documentary Operations" - The method of calculating the documents balance has been changed, as the field for the balance is visible only on the Documentary Records screens. •[ADD] Module "Documentary Operations" - The method of calculating the balance on the documents of the Documentary operations has been changed - it is calculated as a difference between the maximum commitment and the amount paid. The balance for closed Letters of credit is visualized with a value of 0 (zero). •[UPD] Module "Documentary Operations" - Added ability to expand the content of the information fields for comments and for the working session. This improvement is only visual, as the data that can be displayed in these fields corresponds to the restrictions set in the system database (1000 characters). •[ADD] Module "Documentary Operations" - Fully updated screens for control and comparison of monetary working flow. The screens support the import of monetary working flow movements from an Excel file in a fixed format (more information is available on demand). The reconciliation functions allow the processing of several files at the same time. •[UPD] Module "Documentary Operations" - The filters on the screen for Management of Accounting Operations have been reorganized for better visibility and access. •[UPD] Module "Documentary Operations" - Added ability to automatically fill-in the fields when selecting an account from the nomenclature. •[UPD] Module "Documentary Operations" - On the screen for reviewing the Accounting operations to the filters by date of transfer, status, issuing, value date, date of registration and execution is added the option to select the period from-to. •[UPD] Module "MoneyGram Transactions" – Updated control on the fields among the types of transactions and the user rights (this includes which fields are visible, can be edited, etc. in accordance to the type of the payment channel). •[UPD] Module "Postal Money Transactions” – The control of Fields of the various types of Postal Money Transactions and the user rights have been updated. •[UPD] Module "Postal Money Transactions” (requires the Module "Corporate and Group Transactions") - When generating a group transaction, the printing of the system and service receipt through the cash registers have been updated. •[UPD] Module "Postal Money Transactions” – The function for blocking Postal Money Transactions to Bank Account is available directly from the transaction payment screen. This function is accessible only for the users with the respective rights, as these rights are explicitly granted – administratively it is possible to restrict the same user/employee not to be able to handle different type of Money Transactions. •[UPD] Module "Postal Money Transactions” - There is an option to add a short text information when processing payment orders. •[UPD] Module "Postal Money Transactions” - The control over the payment of a Postal Money Transaction to a sender is extended - it can also be applied after rejection during the second control (for example, in case of rejection by an accounting expert). The options for changing the method of payment have been preserved and are still available. •[UPD] Module "Postal Money Transactions” - Postal Money Transactions which have expired payment date can no longer be annulled. •[UPD] Module "Payment Hub" – The access to the various payment services and, or channels can be managed centrally. •[UPD] Module "Payment Hub" – The support for bank transactions in foreign currency and BGN has been improved. •[DEL] Module "Security, Monitoring and Control" - The following security criteria (which were active by default in the version PTM'19 и PTM'20) are dropped: o The same sender and/or receiver; o Sender and/or receiver with the same family name; o Limits on the amount of money over BGN 20,000 or BGN 30,000 for a fixed period and place of conducting the transaction. •[UPD] Module "Security, Monitoring and Control" - New security criteria have been added to the rule “the same sender and recipient”. For transactions with certain thresholds, automatic incidents or security notifications are generated. •[UPD] Module "Security, Monitoring and Control" - An update on the security checkups for the presence of declarations for individuals and legal entities has been made according to the requirements of the Bulgarian legislation as of 01.01.2021. •[DEL] Module "Security, Monitoring and Control" - The default checkups for the declaration under Article 313 of the Penal Code are dropped (specifics of the Bulgarian legislation). •[UPD] Module "Security, Monitoring and Control" (requires Module “Postal Money Transactions”) – A message has been added when the limits are exceeded in the case of accepting transactions above certain financial limits. •[UPD] Module "Security, Monitoring and Control" (requires Module “Postal Money Transactions”) – Report # 6 has additional search filter by reference number and barcode number. •[UPD] Module "Security, Monitoring and Control" (requires Module “Postal Money Transactions”) - Report # 10 has additional columns "Letter of attorney ref number" and "Letter of attorney date" •[DEL] Module "Report Operations" (when Module "Security, Monitoring and Control" is available) – Reports # 5 and # 6 to SANS (State Agency for National Security) are no longer accessible due to obsolescence. •[UPD] Module "Report Operations" (requires Module "Security, Monitoring and Control") – Report # 9 is extended with the following columns: “Name of Division place of send”, “Name of Division place of receive”, “Reference Number” (or Barcode number). •[UPD] Module "Report Operations" (requires Module "Security, Monitoring and Control") – Optimizations and adjustments have been made for filtering, masking and printing sensitive data throughout cash registers. •[UPD] Module "Report Operations" – On screens of the "Documentary Operations" — "Operational Reports" — "Accounting Operations" are added the following columns: "Reference Number", "Order Reference Number", "Transaction Number ", "Type of Accounting Operation", " Amount in BGN" и "Status". •[UPD] The version includes all functional improvements and updates from versions PTM'19 и PTM'20. •[FIX] The version includes all detected or reported corrections made in versions PTM'19 и PTM'20.
C.Non-Functional Changes •[UPD] The technical documentation of BINETIX PTM 2021 has been updated. •[ADD] Two new definitions for integration with BANKWAY® (97413, D403) have been added. •[UPD] Module "Functional Core" - BINETIX® SPMM 2021 connectivity updated. •[UPD] Module "External Interfaces" - BINETIX® SPMM 2021 connectivity and technical documentation updated. |
Strategy for long term development
Our strategic goal is to build flexible, dynamic and long-lasting relationships with our partners. We do not take for granted what we are doing and we are actively looking for ways to improve the services and products we develop, offer and maintain. In 2020 alone, BINETIX invested over 30% of its gross revenue in a number of improvements related to personal data management and storage, Information security; implementation of ITSM processes for software development and software support, employee training for managing relations with corporate clients, and development of technological innovations. According to the statistical data of NSI (National statistical institute), BINETIX is one of the few Bulgarian companies which is registered in conducting R&D and is with full time employed staff for innovation development since its establishment. At the end of 2020, BINETIX successfully passed all the inspections and fully covered the quality and safety requirements of the International certification agency SGS, which resulted in the successful completion of the re-certification process in accordance with the international standards ISO 9001:2015 and ISO/IEC 27001:2013. |