Microfinance Software Features

vERP provides new microfinance software which features a very high level automation. This helps Micro Finance Institutions to deliver excellent customer service and satisfaction with minimum number of stuff. Some of the features are mentioned below,

Branch Management: This includes New Regional Office, New Division Office, New Branch Office and Portfolio Backlog Transfer.

Product Management: Survey Field, Assign Service Tax,  Loan Product, Loan Gradation, Written-Off Master & Registration Fee.

PO Management: Group, Employee Registration & Assign Group to PO.

User Management: User,Change Password and User data entry status.

Insurance Management: Death Document from Branches, Claim Insurance, Claim Observed, Claim Received, Death Outstanding Settlement & Reclaim Rejected Claim.

Members Registration: Customer Survey, Survey Review By BM, Survey Review By RM, New Member Registration, Edit Member & Group To Group Transfer.

Loan Processing: Document Submit, Loan Processing & Loan Recycle.

Financial Accounting: Account Register, Opening Balance Register, Account Contra Entry & Journal Entry.

Fund Management for Head Office: Fund Type Master, Fund Master, Fund Received, Fund Payment & Fund Allocation.

Fund Management for Branch: Fund Received By Branch, Fund Payment By Branch, Fund Transfer & Branch to Branch Payment.

Loan Disbursement: User, Change Password & User Data Entry Status.

Loan Recovery: Loan Recovery, Sick Payment, Written-off & Bad Debt Analysis.

All the above mentioned features are completely based on web and latest technology.