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Finalysis has developed several software packages over the years to acclerate and improve its service to its customers. As result of approaches from smaller companies it was decided that a study or consultancy review was not warranted, as it would be too expensive an approach for these smaller companies. A new software package was developed with these companies in mind to enable them to do it themselves. The resulting product is the Overdraft Interest Calculator (OIC).
What is OIC?
What is OIC?
Why is OIC needed? How OIC works: How OIC benefits the customer: Who can use OIC? Where can I obtain OIC? The two versions of OIC available: OIC is a user friendly, windows-based PC program designed to analyse the overdraft interest charge of Irish banks. It reflects the special features of the Irish bank clearing system. It thereby facilitates better account management and interest cost savings. OIC is easy to use and is provided with a small helpful manual. No special training is required. ![]() OIC is easy to use with clear and concise instructions. Why is OIC needed? Media reports have highlighted the desirability and value of checking bank overdraft interest. However, bank customers currently find this almost impossible because of the lack of transparency in banking procedures. How OIC works: OIC analyses the overdraft interest charge into its various elements, viz, Basic Interest, Excess Penalties, Set-Off, 30-day Rule etc. It thereby identifies often avoidable elements of interest and any errors or misunderstandings between bank and client. How OIC benefits the Bank Customer:
![]() When using OIC you can see when and where your interest penalties are building up. Who can use OIC? All bank customers incurring significant bank interest charges can benefit from using OIC. Where can I obtain OIC? You can contact us directly by phone, fax or email: Finalysis Ltd. Phone: (01) 667 1971 / 667 1972 Fax: (01) 667 1823 E-mail: [email protected] The two versions of OIC available: OIC Personal For owner-managed businesses. OIC Personal handles up to 3 current accounts and costs �99 + VAT. OIC Corporate For larger organistaions. OIC Corporate handles up to 20 variously grouped current accounts and costs �295 + VAT. Payments can be made by cheque or credit card. Profile Services Software Franchise Offer Our Staff Articles Contact Us Web design by Shane Clifford |