Financial Solutions
SIT: Integrated Treasury System
A system designed to meet treasury management needs, featuring modules for Accounts Payable and Taxes, Accounts Receivable, Cash Flow, Bank Reconciliation, Financial Investments, Contracts and Commissions, among others. All modules were developed in partnership with insurance companies and incorporate the specific characteristics and requirements of this segment.
The system is multi-company and multi-currency, and includes process automation, mobile approval workflows, API integration, and compliance with Brazil’s General Data Protection Law (LGPD).
The system is updated for the Consumption Tax Reform, enabling the handling of the new taxes CBS and IBS, as well as the transition between the current model and the new tax framework as defined by legislation.
Below are the modules that make up SIT:
Pagnet – Accounts Payable and Taxes.
The module enables the centralization of information exchange with banks, tax calculation, and payment accounting within a single system, delivering improved security and lower maintenance costs. It processes payment requests entered manually or received via integration, calculates taxes, sends payment files to banks, processes return files, generates accounting events and ancillary tax obligations. It also generates DIRF, Income Statements, and the Electronic Service Declaration (DES) for major municipalities.
Pagnet Electronic Approval
Configurable workflow for payment approvals and master data changes. It supports multiple approval stages, combining different approval criteria such as approval limits (authority thresholds), requesting cost centers, and content-based validation. It sends emails to requesters and approvers, and monitors pending transactions along with their respective approvers.
CR
It receives accounts receivable from the operational system or Excel spreadsheets, records them in the database, issues payment slips (bank slips), receives payment confirmations from the bank, and performs accounting entries. It automatically performs reconciliation and settles receivables based on billing parameters and tolerance thresholds for discrepancies defined by the client. It also calculates and presents IOF (Financial Transaction Tax) payable if it has not been withheld by the bank, prepares aging reports of overdue and upcoming receivables, and issues electronic service invoices (NFSe) for the City of São Paulo.
FX
The module dynamically prepares cash flow based on information maintained by the PagNet, CR (Accounts Receivable), and XB (Bank Reconciliation) modules. It allows users to define the time range to be viewed and the level of detail of the information, as well as configure the line items to be displayed for inflows and outflows and their respective subtotals.
CMS – Commissions
It receives commissions payable and/or recoverable from operational systems. It manages the current account of commission recipients and handles commission advances. The module integrates with the Accounts Payable module and enables the issuance of commission statements, as well as the feeding of corporate portals.
CT – Contracts
It maintains a centralized contract registry, enabling each manager to monitor the status of contracts under their responsibility. The module provides configurable alerts for contract renewals through email notifications and/or on-screen alerts, with advance timing defined by the manager. It also controls contract-related payments, identifying issues and forwarding them to the appropriate responsible areas for resolution.
AF – Financial Investments Module
Designed to meet SUSEP requirements for financial investments. It processes positions and transactions reported by asset managers and maintains complementary information such as category, SUSEP asset classification, and free vs. restricted assets. It records transactions, interest accruals, impairment provisions, and valuation adjustments according to investment categories and maturities. It also generates the FIP SUSEP reporting tables file for the FIT module.
XB – Bank Reconciliation
The module imports bank statements in CNAB format. It automatically reconciles bank statements with receipts and payments recorded in the CR and PagNet modules, according to reconciliation rules defined by the client. It also accounts for bank transactions such as bank fees and charges. The module integrates with FX, transferring balances and statement entries into the cash flow.
Delinquency Management
It enables the management of overdue receivables based on user-configurable rules and exceptions. It generates notifications for brokers (delinquency, suspension, and cancellation letters) and sends block/cancellation requests to the source system.