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What is Lyncs?

A uniquely crafted contract data management system specifically designed for the financial services industry. Users can seamlessly upload files through drag-and-drop functionality, bulk uploads, or a dedicated API that securely integrates scans into the Lyncs platform. Moreover, entity reference data can be loaded to guarantee the accurate organization of scans throughout the system. The platform features automated duplicate detection, which combines machine learning with a rule-based hybrid auto-classification method to improve accuracy. Scans are organized by entity, type, and date, allowing for precise extraction of terms while taking amendment chains into account. To maximize precision and effectiveness, various techniques are utilized to automatically extract data from documents, merging machine learning, predefined rules, and user-assisted data capture. Each stage of the document processing is enhanced by a role-based workflow, enabling documents to be locked to prevent unauthorized changes, assigned to particular users, and moved through different workflow states via promotion or rejection. The system also boasts robust version tracking, auditing functionalities, and a data 'time-machine' feature that provides improved oversight and management. This comprehensive suite of features guarantees an exceptional level of control, accuracy, and efficiency in the realm of contract data management, supporting users in navigating complex regulatory environments.

What is FinLync?

FinLync applications prioritize user-friendliness, enabling effortless access to all your banking APIs, which ultimately saves time while ensuring data is consistently synchronized for prompt retrieval and analysis. The rapid real-time connectivity allows you to obtain the information you need at your convenience, independent of your banks' schedules. Functioning as an ERP-native solution, FinLync makes use of your existing authorizations and permissions, boosting security while relieving your IT department of additional stress. With its comprehensive multi-bank APIs, FinLync acts as a consolidated solution for various banks, providing you with instant, real-time access to all your banking data whenever necessary. Eliminate the cumbersome task of manual data entry; FinLync seamlessly integrates your banking information into your ERP system, enhancing the efficiency of data analysis and significantly cutting down the time dedicated to data preparation. The implementation process is quick, requiring just a few weeks, as FinLync applications are designed to effortlessly integrate into your existing record-keeping systems, automatically adopting all previously established permissions and user structures. This seamless level of integration not only simplifies operations but also greatly improves data management efficiency throughout your organization while enabling better decision-making capabilities.

Media

Media

Integrations Supported

SAP Cloud Platform

Integrations Supported

SAP Cloud Platform

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Logical Construct

Date Founded

2014

Company Location

United Kingdom

Company Website

www.logicalconstruct.com/lyncs-product-overview/

Company Facts

Organization Name

FinLync

Company Location

United States

Company Website

www.finlync.com

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Categories and Features

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

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