G-Banker
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The following are brief descriptions of the general functions of the software. Customization is available on specific system requirements. Software Architecture For better performance and faster operation, the applications have been designed according to Relational Database Management System (RDBMS) using multi-tier architecture mode. MF Master Information Applications keep records of general information separately of each level of operation (Branch, staff, Center) including individual/group recognition, prospective member's general information with member’s family, income, assets, economic and household condition etc, loan product, savings product, micro-insurance product. User Defined Week Calendar Having Postponed and Suspended Week Option Automatically calculated calendar information is maintained to track each center's collection dates. This allows the center to postpone or suspend weeks because the software will automatically update repayment schedules. Loan Information The system keeps track of information of different categories of loans along with general loan and center loan. The software supports processes ranging from loan disbursement to loan recovery and collection. It uses an automatic payment and interest installment calculation (Both Break and Flat interest rate is applicable) tailored according to the user’s needs. It also provides with arrears amount, repayment week etc. On the basis of this information, weekly loan collection sheets are produced. The software also supports loan rescheduling. Past Due Information Loans that become past due are tracked exclusively and weekly Past Due Collection Sheets are produced accordingly. The system has auto validation during a new loan contract depending on the past due information. Aging Calculation The system calculates automatic weekly aging of repayment schedule, prints them on collection sheet, and therefore facilitates the recovery process. Savings Information The system has Group Savings option along with other common savings like personal savings, children's savings, center savings etc. Interest rate is flexible and user can define its' own interest rate. Insurance Information The system supports different types of micro finance insurance savings' contracts. Attendance Rate and Repayment Rate The savings collection sheet prints weekly attendance rate and repayment rate of an individual member, group and center. Credit Rating On the basis of the attendance, repayment and project rate (calculated by the weekly supervision score of a member's household), credit rating reports are generated by the software. Portfolio Risk System can calculate portfolio at risk. Monthly Monitoring Members' social and economic changes are monitored and reports (Means Test) are produced accordingly at the end of every month. Monthly/Yearly Projection Yearly or monthly forecast of the business is possible in the system. To have a future vision the system has the option to project monthly or yearly loan projections; center projections are also included in the packages. Auto Data Transfer to Accounting Module All the received cash information is transferred from the loan & savings module to the accounting module just by one click to reduce the work load on accounting module. Only authorized persons would have the permission to perform this action. Data Transfer to Head Office for Consolidation Using a modem and a telephone line data can be transferred to the head office from the branches. This option allows head office to have a strong control and monitoring system over the branches scattered around the remote part. There is also an option to transfer reports to other files like Microsoft Excel to produce different types of reports required by other credit rating agencies. Reporting System Weekly Loan, Savings and Past Due Collection sheet, Daily Remittance Report, Loan proposal, Means Test, Center Projection, Branch Projection Daily Summary, Monthly Center Summary, Monthly Branch Summary (Member Statistics, Loan comparisons along with other information), Member Exit, Credit Officer Performance Report. Flexible Account Codes The software has a flexible account code entry system that can be accessed from the General Option menu. According to the seven basic heads of accounting, users can choose any single number code. Automatic Voucher, Receipt, Voucher Number The system provides auto receipt, journal and voucher number. To calculate the number, the user has to enter an initial number from the option Menu-code Settings; the number can be of any length. Single Screen to Enter all Data The user can perform the transactions from a single screen. The software is designed according to the Duel Entry System. It has the option of data input for voucher, receipt and journal. Once the user enters the code from the account code form, it can be chosen from this screen by pressing up or down arrow button of the keyboard or by typing it directly. Auto Data Transaction of Loan and Savings The software contains the function of making an auto transaction of the transferred data from the loan tracking software. The user has to choose receipt number (Auto number) and click the save button. All the data from the loan tracking system will be transacted. Easy Reconciliation The software performs the reconciliation function easily. When the bank confirms the check transactions, the user has to click just one button to confirm it in his/her account book. Budgeting The accounting system can track detailed budget information of Department/Branch/Head Office level, data year/month wise. Quick View and Printing of Vouchers and Journal The software has the option to view and print vouchers/receipts, including blank voucher, voucher number range, voucher from one number to another, and journal from one date to another from the input screen. Single Dialog Box to Print Reports From a single dialog box, all the reports can be printed. The options are - Journal Subsidiary ledger Voucher/Receipt |
