Your Bank Guarantees Shouldn't Live In A Spreadsheet Anymore — Simpro's Finora Is Here

BENGALURU, India - April 17, 2026 - PRLog -- Simpro Business Solutions Pvt. Ltd., a leading software solutions provider with over a decade of industry experience, is proud to announce the wider market rollout of FINORA, India's only integrated Economic Guarantee and Financial Asset Management application. Designed exclusively for enterprises operating in the Indian financial landscape, FINORA empowers organizations to seamlessly track, manage, and update critical financial instruments — all from a single, secure platform.

The Problem FINORA Solves

For years, Indian enterprises have relied on error-prone Excel spreadsheets to manage complex financial instruments such as Bank Guarantees, Letters of Credit, Fixed Deposits, Insurance policies, and Term Loans. This approach created significant operational risks — missed renewal deadlines, uncontrolled data access, person-dependent processes, and fragmented reporting. In many cases, renewals were only triggered during claim expiry periods, exposing companies to avoidable financial liability.

FINORA was built to eliminate these vulnerabilities entirely.

What FINORA Offers

FINORA is a robust, role-based treasury management platform that consolidates the full lifecycle management of five key financial instruments:

• Bank Guarantees — Manage Advance, Performance, Retention, EMD, and Goods Supply Bank Guarantees with full history tracking of addendums, extensions, encashments, margin money, and bank commissions.
• Letters of Credit — Track bank-wise, project-wise, and party-wise LCs, including multi-bank management (Issuing, Negotiating, and Advising Banks), charges, and payment against shipment.
• Fixed Deposits — Monitor maturity dates, lien FDs linked to Bank Guarantees, cumulative interest earned, and TDS statements.
• Insurance — Manage CAR policies, corporate health, project, workmen compensation, fire, and fixed asset insurance, including claims tracking.
• Term Loans — Track financing agreements, asset RC and NOC details, EMI schedules, and pending principal amounts with automated reminders.

Key Benefits

• Centralized Financial Information accessible across the organization through privilege-based controls
• Multi-Level Escalation Alerts for timely action on LC payments, BG renewals, and FD maturities
• Single-Click MIS Reports across project, division, bank, and beneficiary dimensions
• 100% Secure & Real-Time Data Tracking with zero duplication of effort
• User-Friendly, Web-Compatible Interface with round-the-clock technical support
• Dynamic Non-Fund Based Limit Dashboards showing utilization and availability at a glance

About Simpro Business Solutions Pvt. Ltd.

Simpro is a Bangalore-based software company with over a decade of expertise in enterprise product development and implementation. Its product portfolio spans Treasury Management (FINORA), Construction ERP (Agora), HR & Project Management (E Connect), Land Acquisition Management (LAMS), and Asset Management tools — all built with a deep understanding of Indian enterprise needs.

To learn more about FINORA or to schedule a demo, visit: 🔗 https://simproglobal.com/treasury-management-software/