Who We Are
Functional Inc. is engaged in cash management solutions, check processing systems and wide format printing systems. Functional primarily provides and services the cash handling and check processing requirements of banking institutions as well as a range of other businesses such as cash-in-transit (CIT) companies, forex dealers, casinos and varied retail establishments.
Functional also provides and services the wide format printing systems of companies in the technical, engineering and construction fields. The company is structured and organized with a dedicated support staff for each product line from sales to technical service. This specialization allows Functional to ensure competent and timely attention to every customer’s needs.
Functional has a total manpower complement of 110 of which 2/3 are involved in technical and software systems support. Sales and support services are accessible throughout the Philippines, with the main office in Manila and branch offices in Cebu and Davao.
Historical Background
Functional Inc. started out in 1976 selling typewriters and mailing systems. In the same year, it introduced Glory currency handling equipment from Japan and Oce wide-format printing equipment from the Netherlands. The example of the Central bank in using mechanized banknote counting machines encouraged commercial banks to employ mechanized bank note counting as well. Today, Glory machines are widely used throughout the banking system as well as retail establishments, casinos and forex dealers.
Functional also succeeded in the wide-format printing market with the introduction of Oce’s non-ammonia printing machines. The Oce line expanded into document printing generating 12.5 million prints per month until 2005. With acquisition of Oce by Canon, Functional assumed distributorship of Rowe wide-format printing systems from Germany, with installations in major engineering and construction companies, government infrastructure projects and job printers.
In 1989, Functional represented Fuji Systems to sell check encoding machines, subsequently superseded by check reader/sorters when the Philippine Clearing House shifted to electronic check clearing. In 2017, the clearing house introduced check image, clearing system (CICS) which led to sales of check reader/scanners coupled with CICS
software for central check clearing operations. Functional is partnered with InsiteMy/Systems of Malaysia in installing CICS.
Functional continues to lead in introducing new technologies in cash and check processing as well as in engineering printing systems.
Our Team
Officers and Managers
Sales and IT Support
Back Office
Service Group
