Real Estate company Sema forges ahead with financial enhancement and automation, courtesy of a partnership with Finqware, a Romanian fintech firm.
Sema Real Estate, a prominent player in the Romanian real estate market, has partnered with Finqware to implement FinqTreasury, a platform designed to optimize and digitalize financial operations in the real estate industry. This strategic move is set to bring several key benefits to Sema Real Estate, enhancing operational efficiency, providing real-time control over financial flows, and supporting long-term sustainable growth.
Real-time Centralization of Banking Data
The implementation of FinqTreasury by Sema Real Estate will provide the company with real-time centralization of banking data across all accounts and entities within the group, through a unified integration based on regulated APIs. This feature allows for better oversight and management of financial positions, ensuring that Sema Real Estate stays on top of its financial status at all times.
Enhanced Operational Efficiency
With FinqTreasury, Sema Real Estate can now enjoy real-time liquidity monitoring and centralized payment initiation, ensuring full traceability without the need to switch between multiple banking platforms. This is particularly valuable in environments where instant payment systems like SEPA Instant or Romania’s Transfond are used.
Automation and Reduced Manual Workload
FinqTreasury's API integration with internal ERP systems facilitates automatic reconciliation of incoming payments, significantly reducing manual workload within finance departments. This automation leads to increased accuracy and speed in financial operations.
Scalability for Future Growth
The platform offers a scalable foundation for future growth, supporting Sema Real Estate as it expands its operations. This scalability ensures that the company can adapt to changing financial needs as it grows.
Industry Recognition
FinqTreasury is recognized as a standard solution within the real estate industry in Romania and Central and Eastern Europe, indicating its reliability and effectiveness. The adoption of FinqTreasury by Sema Real Estate is a testament to its value as a solution for financial digitalization in the real estate sector.
Lucian Grosaru, CEO of Sema Real Estate, states that digitalization is a top strategic priority for the company, aiming to optimize financial operations and ensure compliance with modern corporate governance standards. The collaboration between Sema Real Estate and Finqware further strengthens FinqTreasury's position as the industry standard for financial digitalization in the real estate sector.
Finqware's CEO, Cosmin Cosma, emphasized that financial automation is no longer optional, but a strategic necessity. The capabilities offered by FinqTreasury, such as real-time control over financial flows, operational efficiency, and instant reporting, are highly valued in a business environment where speed, accuracy, and control are critical.
The press release mentions that the adoption of FinqTreasury by Sema Real Estate is a step toward the complete digital transformation of the company. The implementation of FinqTreasury is expected to support long-term sustainable growth and operational efficiency for Sema Real Estate.
[1] Regulated APIs [2] ERP Systems [3] CRM Systems
- The partnership between Sema Real Estate and Finqware marks a significant growth in technology adoption within the real estate industry, as the implementation of FinqTreasury will bring advanced business solutions such as real-time centralization of banking data, automation, and scalability to enhance financial operations.
- Embracing the FinqTreasury platform not only enables Sema Real Estate to streamline its financial operations but also strategically positions the company at the forefront of the digital era in business, continuing to focus on finance, technology, and the growth of its business in the real estate market.
