Credit Banking Online Loan Management
Credit Banking Software is a comprehensive end-to-end online loan management system in syndicated, commercial, consumer, and mortgage lending that allows lending businesses to manage their borrowers, loans, repayments, and collections with ease while being affordable at the same time. Our banking solution creates a consistent, seamless digital borrower experience for large multinational corporations, mid-sized and small business customers, and consumers. Our loan management solution gives you a 360-degree view of all relationships and facilities under management. Calculations, workflows, financial analysis, electronic compliance and servicing all work together on a single platform. By eliminating the associated manual processes, rekeying of data, duplication of efforts, printing and mailing of documents, our loan management software reduces costs and brings inevitable efficiency. This Co-Operative Credit Banking Online Software has a simple and clear user interface, with best-practice workflows taking you through all core processes, and relevant data always at your fingertips.
This Lending Solution enables the capture of personal information, unique identifiers, next of kin details, business information and much more. You can upload scanned photos or documents to a client’s account. You can also add your own custom fields. This system has a flexible loan and savings module which you can adjust or customize to suit your microfinance needs. Manageable fields include loan term, interest rate, repayment schedule, interest calculation method, charges and many other options. Loan approval process follows the best microfinance standard. You can configure your chart of accounts with GL codes and link them to loan or savings products and many other applicable areas. Some journal entries are automatic like loan disbursements while some can be added manually. You can find various accounting reports like trial balance, balance sheet and profit and loss accounts. View and export high quality reports. Reports include borrower numbers, loan portfolio, arrears reports, savings reports, expected vs actual payments, collection sheets, provisioning and many more.
Online Loan Management Software has following key features:
- Manage Loans – Create New Loan, Loan Report, Calculator
- Loan Parameters – Payment Methods, Route Report, Charge Report, Officers Report, Guarantor Report, Default Adjustment, Penalty Report, Loan Status, Office Report
- Collateral – Guarantees Report, Create New Guarantees, Types of Guarantees
- Repayments – Payment Report, Create New Payment
- Accounting – Chart Of Accounts, General Diary, Ledger, Manual Accounting Entry
- Online Payment Integrated
- Access Configuration – User Report, User Roles, Create New User
- Audit Tracking
- My Profile
- General Configuration
- Reports – Client Reports, Loan Report, Financial Reports, Administrative Reports