How Microfinance Software Can Bring Benefit Your Microfinance Business?

Microfinance Companies are confronting numerous difficulties, among which effectiveness is an issue. Microfinance Software Companies are trying very hard to help these MFIs to get them out from those troubles. It is the area of the best Microfinance Software and nothing else.

The borrowers of Microfinance lack proper employment opportunity, accessible credit records and collaterals. Most of the applicants are uneducated; hence they cannot do requisite paper works to apply for loans to the Banks.

To consider all these aspects of Microfinance loans, it is the best to operate those procedures with the top online Microfinance Software. It is designed to ramp up the operations of MFIs in the most effective way.

Now we will look into the feature segments of Microfinance Software.

Using handheld Mobile device (TAB) a Field Officer or Credit Officer inserts Loan and Savings collection data during the association visit on the go. What's more, that is in support of Loan and Savings assortment! Your field-staff would be free and doesn't need to compose some other voucher or do paper works. This makes the application exceptionally easy to understand without requiring some other staff to embed branch exchange information.

Management of All Information and Data:

Microfinance Software causes you deals with all your customer information including deposits, loans, repayments, credentials, documents and many more. Also, it is having amazing condones to catch the recorded information and Apps based various Management Reports for your employees and agents.

Web Based facility:

This is an online Microfinance Software that enables web based transactions through desktops, laptops and mobile devices. The process is completely automatic. The data that you enter with your devices would be updated at the same time with the automated procedures.

Less Security Concerns:

As Microfinance Software operates mostly online mode, the base of all operations and data is stored on a secure cloud server that comes with a failsafe mode. Hence, if anything goes wrong, it automatically deploys standard security protocols.

It utilizes latest technologies that are enabled with top security measurements. The Software Engineers ensures maximum security for your MFI. There are encoding and encryption procedures that run with default customization. If anyone breaches the system, it shuts down itself and only can be started with proper procedures.

Human Resource Management:

Management of Human Resources is crucial for organization’s success. Advanced Microfinance Software assist you to manage your employee details, positions, responsibilities, compensations and perks, commission and rewards and this way you can manage the whole workforce.

Top Feature based Modules and Sections of Microfinance Software:

• Information Migration, Backup, Security

• Exchange, Data Entry

• Credit and Debit procedures

• Investment funds

• Analysis Reports

• HR and Payroll

• ID based User Access

• Job based User creation

• Authoritative Access

• Simple revision measure for wrong passages and auto-voucher age

• Joining with Mobile Banking stage

• Dissemination of various notifications (occasions, gatherings, other)

• Faster reports download and print facility

• The two choices for 'day-end' execution: Automatic/Manual

• Module based admittance: Branch, Area, Zone, Region, Head office, Consolidated Challenges faced by the Microfinance Institutions.

Microfinance Institutions need these features to operate their financial business smoothly. All these features are available in our online Microfinance Software. Call us to book a free demo.

Our services area for Microfinance Software in Tamil Nadu, karnataka, Kerala, West Bengal and many more.