Universal Lending
The Loan Management System is intended for debt recording and servicing, loan receipts, and monitoring of local loans. It comprises of the following modules:
The Application System provides an efficient processing of local and external borrowings. The system allows the user to monitor the processing of documents in general, with a view to identifying any bottlenecks that may exist, and rectifying them promptly. The system also allows processing of the repayment and monitoring of arrears.
The Benefits Include:
- Integrated with Oracle Applications
- Real time access to information
- Better monitoring of arrears
- Fast generation of analysis and statistical reports to help for decision making
- Reconciliation of individual accounts with general ledger will be less time-consuming
- Transactions processed are posted to accounts on an on-line basis
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