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Microfinance Enterprise Resource Planning Software:
bilytica Great Microfinance ERP software in Saudi Arabia serving more than 60 Microfinance Institution around the word. The Microfinance ERP conveys Agility, Scalability, and Productivity to present day Microfinance institutions by nearly automating all parts and capacity within the institutions.
Microfinance ERP has been focal in assisting MFIs in enforcing administration sanctions in their tasks.
Some of key usefulness within Microfinance ERP include:
bilytica best Microfinance ERP Software and CRM Software in Saudi Arabia offering Special login certifications give access to the administration module. Administrative module permits setting of worldwide settings including Organization points of interest, creating parts, clients and assigning standards or authorizations to the parts.
KYC – Know Your Client Registration Module
Permit catch of Client bio information, territory of habitation, closest relative points of interest, and social financial matters information. Notwithstanding the information the module permits capturing of checked records like identification photographs, signature examples among others.
Module modularly intended to get installments against any customer account savings account, advance reimbursement account among others.
The module produces a receipt after the exchange; alternatively the module sends a SMS warning to the customer
Finance module enables institutions to perform other bookkeeping exercises that may not be caught through customers’ exchanges including:
- Bank Reconciliations
- Issue Cheques
- Clear Cheques
- Add Creditors/Debtors exchanges
- Fixed Assets and Depreciation Calculations
Anyhow the accounting exercises and its module additionally creates continuous financial reporting.
Financial Reporting include a portion of the following standard reports among others.
- Cashbook – all money and bank exchanges
- Journals – Listing of the considerable number of exchanges
- Income Statement-Receipts versus installments and net of the two.
- Trial Balance Report – Financial Balances for every one of the records
- Balance sheet – Financial Position of the Institution
bilytica providing Cloud Accounting Software in Saudi Arabia for Micro-Finance and Credit Organizations. As and when a Micro – Finance Institution/Credit Company would go into a (Full) Banking License, our exceedingly secured Microfinance ERP in Saudi Arabia conveys a jump frog advantage. With no much trouble, it can be exchanged to a Full Blown Core Banking Solution.