Debt Management
Fixed-rate loans automation: You can enter your loan conditions and have the schedule automatically generated (amortizing loans, annuity loans, in-fine loans...etc). Import your debts.
Example: You don't need to rely on Excel templates and complex calculations to generate your fixed-rate loans schedules, it becomes much easier.
Amortization schedule: You can now easily visualize the specific debt amortisation schedule for each debt and download the debt schedule as an Excel file for reporting. It also become easier to edit it and reimport without leaving Agicap. Import your debts.
Leasing management: We now display "tax-exclusive rents" and "VAT" (instead of 'Capital' and 'interests' for regular bank loans). You can now specify your leasing conditions (rent amount, with first rent premium and purchase option) and we will automatically generate a leasing schedule for you. Import your debts.
Cashflow management
Project details in the side panel of the cashflow plan: See which project is associated to each transactions and the forecast breakdown of the 5 biggest projects directly from the side panel of the entity’s cashflow plan.
Example: Get a quick overview of how each project impacts the overall cashflow plan’s numbers (paid, expected, and forecast) in one click.
Archive a project: Tired of seeing completed projects accumulating? Archive them to focus on ongoing projects! You can always access archived project, nothing is lost.
Share custom dashboard from mobile app: Custom dashboards are accessible from Agicap mobile app and can be shared to anyone directly from the mobile app with just one click. Apple store / Google Play.
Example: It makes it even faster to share financial insights to start a discussion with internal of external stakeholders.
Daily custom dashboards: you can now set up a report that uses daily cash balance data, even if you choose to set up your forecasts monthly.
Example: you can use it to obtain a daily cash balance table by bank.
Banking Data aggregation
EBICS PPI (technical improvements) : For French Agicap users using EBICS method for banking data aggregation, we now leverage EBICS PPI which permits namely to:
Make transactions available sooner, well before 7am
Make connections even more resilient and reduce even more failure risk.
Banking audit (For Ebics data integration only): It allows you to check the data freshness and the data consistency of all the bank accounts you have access to. Let us know via the chat if you are interested to activate it.
Spend Management
Cards request : Card holders can now request virtual cards directly from their personal interface, detailing the context of the request and selecting the type of cards they would like, as well as the amount. This evolution will smooth internal processes and bring more autonomy to the team members. Want to know more about personal spaces?
Example : John needs a one-time virtual card to pay a flight to go to Berlin.
Pre-accounting filter for card expenses: A new filter on pre-accounting allows to differentiate between cards expenses and supplier invoices.
Example : Depending on the way you process your journal entries, you can focus on each type.
Supplier Invoice Management
Searchbar on beneficiaries: Search for your beneficiaries based on their name or IBAN to easily retrieve information, edit one, or add accounting automation. Search from this page.
For Italy only: Payment methods collection from SDI: Payment methods are now collected from SDI and displayed in the supplier invoices workspace. Payment methods collected are wire transfer, direct debit, cash, check, credit card, Riba...
Examples:
Perform bulk actions accordingly (mark as paid direct debit invoices for instance, add to payable transactions invoices paid via wire transfer…etc)
Leverage the payment methods retrieved to automate categorisation of the expected transactions in your forecast.
Status synchronisation for Supplier invoices and Expected Transactions: The payment status for invoices in the “Supplier invoices” tab and the Expected Transaction in the “Expected” tab are now fully synchronised.
Example: No double entry anymore, and no risk of creating twice the same payment.
Visualise & download credit notes: You can now perform those actions from the credit notes workspace directly. Access the Credit notes workspace.
Example: It makes it easier to check them and/or transfer them into another system.
Payment
IBAN verification: It is now impossible to execute a payment with an incorrect beneficiary IBAN.
Example: There is no risk of failed payment and data can be easily cleaned.
For France only: BIC for Ebics bank accounts: You can now set a BIC for Ebics bank accounts. Access your bank accounts.
Example: Sometimes, BIC is mandatory for payments to happen:
For subsidiary banks (like Fortis with BNP Paribas for example)
For centralising banks (if the bank account does not belong to the bank of the contract)
For France only: Manage counter signature directly on Ebics Contracts: If you have Ebics contract with a french bank, you can now manage the counter signature directly on your contracts autonomously without asking your Agicap Account Manager to do it for you. Update the counter signature.
"Add to payable transactions" user permission: The existing permission “Prepare payments” is now required to perform the action “Add to payable transactions”, and to see the "To Pay" tab. Update permissions.
Example: It is no longer possible for users without the permission “Prepare payments” to send an invoice to payments. Therefore, if you have segmented roles within your teams (invoice upload, invoice verification, invoice payment...) you can have a more tailored permissions set-up. More easiness for the teams, and more security for your company.
Pre-Accounting
Automate data export to accounting softwares: Thanks to Agicap OpenAPI, purchase journal can be sent automatically to your accounting softwares to fully automate your pre-accounting. It will save you time, and avoid mistakes.
🛠️ If you're interested, please contact our customer service via the chat.
For Germany only: DatevAPI for pre-accounting data (available as beta test): You are now able to send your Pre-accounting data directly into DATEV without going through the XML export. It is one step further to fully automate your pre-accounting, save you a lot of time and prevent mistakes.
🛠️ If you're interested, please contact our customer service via the chat.
Export accounting entries user permission: You can now activate a user permission for the booking entries export (purchase and bank journals). Update permissions.
Example: In most companies, filling in the accounting fields on booking entries and sending them to the accounting software are 2 distinct responsibilities and you'll be able to differentiate those roles thanks to this permission.
Late Payment Collection
CashCollect DSO linked to your forecast: Activate the link between Agicap CashCollect and Agicap Cashflow to refine your cash flow forecasts with the average collection time of your customers. Request a demo.
Example: Once the connection is established, your customer invoices are positioned at their expected payment date (due date + average observed delay) so that your forecasts are no longer theoretical but realistic.
Clients and invoices management
Client Platform: From the client tab, you can access an external platform per client, which consolidates all the documents/invoices corresponding to that client. Invoices are still sent as email attachments, but you will also notice a link at the bottom of each email, allowing your client to easily connect to this new platform.
This platform is just the initial step towards enabling further communication and providing new payment methods to your clients. Please don't hesitate to share your needs with us through the chat to enhance this initial version.
Native Integration with Sage100: CashCollect now seamlessly integrates with Sage100 to instantly synchronise your customer invoices. Any change made in the addition, modification, or deletion of an invoice in Sage will update the data in CashCollect. This allows you to streamline manual import tasks and focus on higher-value-added activities.
Agicap team