Structure Small loans and Financial services in MFIs with Micro-Finance ERP Software in Saudi Arabia
Micro-Finance is the special services that provides by most
of micro-finance institutions. Giving financial services such as small loans,
savings and insurance for small business owners. Commercial banks do not
provide these services, the MFIs and microfinance banks are developed for this
purpose. MFIs such as non-profit organizations helps to setting up accounts,
money transfers and loans for small business owners, it also fulfill the
variety of needs like death, illness , loss or property. The MFIs and
Microfinance Banks come up with large number of clients and they need an
organized set of workflows or tools to manage their services, that make their
services more productive. A Micro-Finance ERP Software in Saudi Arabia is a complete set of solutions that has all
micro-finance functionalities in it. Micro-Finance ERP Software delivers Scalability,
productivity and agility for Modern MFIs. It integrate all functions and roles
run in MFIs.
The implementation of Micro-Finance ERP in MFIs can help to achieve the company goals such as:
- · To improve the quality of life of poor people
- · Maintain Communities for financial institution
- · To mobilize different resources for ease of access of poor people
- · Learn people how to move out of poverty faster
- · Create opportunities for self employment
Functions
of Micro-Finance ERP:
Micro- Finance ERP in Saudi Arabia covers all modern technological aspects that MFIs needs to
stand out. The power of Cloud computing increase the productivity and
efficiency of business. The use of new technology and BI in Micro-finance industry
streamline daily MFIs operations. The useful functions of Micro-Finance ERP are
described below:
·
Provides Flexibility in amount and collection of
processing fees
- Generates alerts
when data derived from the database
- Utilization of Loan
checks are conduct and recorded at time of capturing loans.
- Maintain the
history of each data item
- Initialize the
audits of different branches and record audit processes and accounts
- Improves the management
of giving insurance to clients and spouse all captured in the system
- The ERP
structure is designed to monitor all activities through use of cloud.
Contact Details:
Mobile#: +966547315697
Phone: +966 138454267
Web: www.alrasmyat.com.sa
Address: Alrasmyat, 4th floor-City Tower,
Custodian of The Two Holy
Mosques Road,
Al Khobar, Saudi Arabia
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