Treasury software magnet®

Module overview

Cash Managment, Treasury

The software documentation

Of course the most beautiful product descriptions can not replace a personal learning of magnet®.

The following documentation (as a pdf document for download) and / or videos will give you first impressions.

The range of services of magnet® in key words:

'Product characteristics and overview'

The more detailed product description of magnet®:

'The professional SaaS solution for the
Cash, Liquidity and Treasury Management'


Treasury module

This module offers enhanced functions in the areas

  • Cash management / payment transactions
  • Liquidity management
  • Forex
  • Money market
  • Loans
  • Derivatives

magnet® has expanded capabilities in cash management.


Thanks to system-based, automatic account balancing on the basis of zero-balancing (due to variable system parameters), magnet® customers can usually dispense with expensive zero balancing and / or pooling solutions at bank institutions.

Liquidity planning module

The integrated liquidity planning module in magnet® is suitable for efficient liquidity planning of companies of almost any size. It is characterized by a simple and fast-to-build structure (based on cash flows).

The 'currency exposure' report can be the consolidated currency exposure of the respective currency for each company or for the whole group (total exposure, hedged and open exposure (per period and cumulative).



Video 'Liquidity planning' 

Contents (Duration: 5:55 Min.)

- magnet® Liquidity planning gives answers to
- Questions to be points
- Subjects of a joint workshop
- Liquidity planning magnet®
- Further process steps
- General information

Netting module

The multilateral netting module can be used as an integrated solution within magnet® or as stand-alone software. As a reporting procedure ,Payable or Receivable Driven Multilateral Netting' are possible. It can be run as a service or profit center. Different types of spread are defined (standard, high and participant spread, if necessary with thresholds).

The detection of messages can be done manually or via an import function (with ERP mapping) by the participating companies. It can simultaneously detected for the current as well as for any future period defined messages, respectively, are read. Participants messages pass through a matching process through the counterparty before the netting run. The controlling party is optimally supported by a reconciliation function of magnet®. Any grounds for refusal are apparent to the opposing party.

The participant and currency settlements can be processed as electronic payment orders and / or intercompany transactions directly in cash management.



Video 'Netting module'

Content (Duration: 3:15 Min.)

- Module overview
- Performance of the Netting module
- Visualization of netting processes
- Factsheet magnet®
- Further information


Finac interface module (General ledger)

The interface to a financial accounting ensures that a multiple number of exposures are largely omitted. A separation between Treasury activities and financial accounting is ensured. Accounting activities can only be carried out independently of Treasury activities in the Finac module.

Account assignment in Treasury

The transactions of the cash management module have associated assignments. Each transaction is automatically linked to a standard business transaction, which uses one or more booking functions to connect to the chart of accounts.

Further business transactions can be set up with the 'DispoTypes' function (Cashflows), which is standard in the Treasury module, and the associated DispoTypes (with scan / analysis functions of the MT940 messages). Any automatically generated account assignment can be revised or updated. (E.g., cost centers, projects, etc.).

Account assignment in the Finac department

magnet® first assigns each business transaction to a mandator booking accumulation. The accounting department generates a booking wallet from the booking accumulation that contains all incidents that can be recorded. The booking wallets can be edited multi-user-compatible with the account assignment masks.


In the booking wallets, the bookings are checked and revised. With the booking run, the logical booking records are copied to one booking file per mandator. The automatic interface generation is run in parallel. The interface file transfers the data in ASCII format or as a web service to the general ledger.

Interface formats

There are standard interfaces, among others, to

  • SAP
  • CS/2 Wilken
  • MS Dynamics AX / NAV
  • Abacus
  • Sage
  • IFAS etc.

A/R Match
Generating of debtor payments files

Debtor payments as SWIFT MT940 bank notifications can be processed with a high hit rate to a payment file by means of automatic matching of the open item list. This can then be imported into the Accounts Receivable.

The collection and decimation of non-structured payment receipts (for example, from abroad) involves a high manual effort. With 'A/R Match' magnet® offers an additional module for the system-supported processing of such debtor payments.

Based on accounting rules and filters, which are individually defined, a selection of the debtor payments and a check for plausibility are made. These rules include invoice and customer numbers, posting texts, and so on. To enable the open items to be cleared, the open item lists, enriched by other customer master data (for example, payment conditions, etc.), are copied from the accounts receivable into a daily batch run (upload). 'A/R Match' compares the information found in the electronic bank account statement against the current open item list. Cash discounts and permitted deviations are checked and taken into account. The payment amount is not always the same as the invoice document. In practice, payment instructions may be missing or incomplete. The customer may pay several invoices and accept allowed discounts and non-tolerated deductions in different combinations. Therefore, the electronic adjustment can be repeated several times. The user also has the opportunity to manually enter the process to improve the result. Because the success rate of the fully automatic adjustment is exceptionally high, relatively few cases remain for manual aftertreatment.

The overall processing ensures that all account statements are processed without interruption after completion of the process. The 'debtor payment file' produced after the processing process is then read in the accounts receivable accounting.