A system for supervising and managing loans and deposits. Enabling to gain full control on loans and deposits, receiving accurate data and making the work processes more efficient. Using unique characteristics:
· Automatic data management for full control, including an automatic e-mail alerts system.
· Creating an automatic amortization schedule for different interest rates.
· Evaluating feasibility and changing loan types accordingly, while keeping the original inputted data. Showing changes with the repayment plan.
· Full integration with the book keeping systems. Noting the journal vouchers, revaluation orders and more.
· Structured interfaces.
· Catering various loan types. Secured / unsecured loans, term, seasonal, lines of credit and any other type of loan given to the business.
· Including various types of rates like fixed and floating interest rates. Calculation of linkage, Consumer Price Index (CPI) according to different bases, and other types of linkage depending on country of origin.
· Dealing with a wide range of entities. The organization giving/ taking the loan, such as banks, financial organizations or loans between companies and many others.
· Issuing documents in various formats: letters for banks, invoices, receipts, e-mails and mobile phone text massages.
· Producing progressive reports: repayments forecast, loans revaluation, maturities, loans list, credit utilization reports and many more.
· Multi company system. Enabling work according to companies.