Microfinance & Loan Tracking

For lending and microfinance institutions a system managing the loan workflow as well as multiple loan calculations options, our end-to-end software solution enables managers, loan officers, credit analysts, and loan committees at all levels to efficiently manage and track all loans information and provide stakeholders with financial and statistical data in addition to other reports and indicators for performance measurements and evaluation. The Loan management system is fully integrated with the Bisan Enterprise Financial and Payroll Systems in addition to flexibility in customizing and implementing each system according to the workflow and requirements of each institution.

Financial Management Module:

    • General Ledger
    • Accounts Receivable & Accounts Payable
    • Full Banking & Checks
    • Check Printing & Bank Transfer Forms
    • Automatic Depreciation Calculations
    • Asset Management
    • Financial Statements (Income Statement, Balance Sheet & Cash Flow Reports)
    • Projects Management/Multiple Segments/Cost Centers/Branches
    • Multi Level File Structure
    • Prepaid & Accrued Expenses
    • Multi Currency Management

General Features

  • Drill Down Functionality
  • Filtering Capabilities
  • Advanced Search Functionality
  • Multi Lingual System
  • Export To HTML, Excel, Word, & XML
  • Data Import from XML Documents
  • User Friendly
  • Record Cloning
  • Document Attachment
  • Full Audit Trail
  • Multiple Year Reporting
  • Integration
  • Segmented Accounts

Loan Specifications

  • Loan Products:
  • Loan Methodologies
  • Loan Amount Methods
  • Amortization Table
  • Loan Approvals and Controls:
  • Interest calculation methods
  • Interest Calculation based on
  • Interest Handling Methods
  • Commission calculation methods
  • Commission Handling Methods
  • Fees calculation methods
  • On payment saving calculation methods
  • Loan Insurance
  • Insurance calculation methods
  • Loan Collateral handling
  • Guarantors
  • Branch Management
  • Field Employee Management
  • Client Information
  • Loan Transactions and Functionalities
  • Writing off Loans
  • Refinancing
  • Rescheduling
  • Penalty handling

Loan Management Reports

  • A whole range of reports covering day-to-day transactions to comprehensive managerial reports and performance indicators are available in the system with different levels of details:

Sample of generated reports in addition to the general and financial reports

    • Detailed Reports
      • Active loans
      • Loans Issued In Range
      • Loans Actual Payment Delinquency at a certain point of time
      • Loans Delinquency Report “historical”
      • Rejected loans in range
      • Loans pending status in range
      • Payments in range. ”Detailed by transaction type”
      • Detailed Loans transactions by Type
      • Amount due in Range by type
      • Payments Late at least X days
      • Written of loans and amounts
      • Payments on written of loans
      • Detailed Repayment Rate
    •  Summary reports
      • Summary of The Total Transactions by Type in Range
      • Aging Report. “Where preference days late ranges and percentage of reserves are set By Product”
      • Outstanding Portfolio
      • Portfolio in arrears “1 and 30 days late”
      • Portfolio At Risk. “1 and 30 days late”
      • Amount of Loans disbursed in range “Taking in account approved amounts”
      • Number of active clients
      • Number of loans Awarded
      • Interest paid in range
      • Payment quality aggregated percentage, “where the days late range to be used are specified at report time”
      • Comprehensive Indicator Report
        • Definitions of  Income statement, Balance Sheet and most Important financial Ratios
        • Outreach indicators: number of active loans, number of loans issued, amount of loans issued in range, … etc.
        • Portfolio Quality indicators
        • Productivity and efficiency indicators
    • Miscellaneous Reports
      • Client/Guarantor History Report
        • Client personal Information
        • Client Loan and repayment history
        • Client Activity and sector history threw the different loan history
        • Client Black list history
        • Client Loan Guarantee history
      • Loan Payments schedule
      • Loan Payments Receipt book
      • Loan statement of account
      • Loan Transactions
      • Detailed Loan Days Late and Penalty Report
      • Detailed loan payments, delinquency and penalty report
      • Detailed loan collaterals and guarantors information. “Include detailed information about the collaterals status”
      • Client Income statement
      • Client Balance sheet

Business Intelligence & Reporting

    • Workflow & Electronic Transaction Approval

Configuration & Security:

    • Access Rights & Security
    • Advanced Security
    • Station Login Security
    • Document Printing & Signature Setup
    • Control Dates
    • Internet Enabled