Advance Loan Management System with Savings System and SMS Notification

Posted by: Nyirenda Shadreck on 4/11/2021 10:02 AM

LMS – Make your Bank Loan Management easy LMS is a Modern and Responsive Loan management system. It is developed by PHP and HTML 5. It is design and develop for companies, bank etc that require streamlined loan control, savings account and SMS notification system.

LMS – Make your Bank Loan Management easy LMS is a Modern and Responsive Loan management system. It is developed by PHP and HTML 5. It is design and develop for companies, bank etc that require streamlined loan control, savings account and SMS notification system. The system also automates the savings, borrowing and payment processes. This software is a web based application used by most cooperative, mini – bank, micro-finance bank etc. to handle loan and savings transaction.

Key Features of LMS - Account Dashboard - Payment Management - Employee Management - My Wallet Module - Borrower - Bank Loan System - Module Permission - Savings Account - Email Notification System - Inbox Message - Automatic deduction of sms charges on monthly basis across all customers account. - Global Configuration and the likes.

FEATURES
INTUITIVE & USER-FRIENDLY

Most functions can be done in one or two clicks. The system has a simple and clear user interface, with best-practice workflows taking you through all core processes, and relevant data always at your fingertips.
BORROWERS MANAGEMENT

The system enables the capture of personal information, unique identifiers, next of kin details, business information and much more. You can upload scanned photos or documents to a client’s account. You can also add your own custom fields.
LOANS & SAVINGS

This system has flexible loan and savings module which you can adjust or customize to suit your microfinance needs. Manageable fields include loan term, interest rate, repayment schedule, interest calculation method, charges and many other options. Loan approval process follows best microfinance standards
ACCOUNTING

You can configure your chart of accounts with GL codes and link them to loan or savings products and many other applicable areas. Some journal entries are automatic like loan disbursements while some can be added manually. You can find various accounting reports like trial balance, balance sheet and profit and loss accounts.
REPORTS

View and export high quality reports. Reports include borrower numbers, loan portfolio, arrears reports, savings reports, expected vs actual payments, collection sheets, provisioning and many more
STAFF MANAGEMENT

Manage users with ease. Set permissions for each staff role and control what pages they can see. You can also set payroll for your staff. See audit trail to check what your staff has been doing.