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Credit Management System 1

Published on February 2017 | Categories: Documents | Downloads: 3 | Comments: 0
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Credit Management System V2.0

T

here are many peculiarities involved in the processing of loan. Credit Management System enables
an organization to manage concerns that are involved in loan processing from loan request to its
maturity. Many phases are covered in between, for instance loan request, approval, documentation,
schedule, disbursement and maturity. The Credit Management System is an efficiently designed software,
which enables a user to pass through all segments.
It is an undeniable fact that there is no RDBMS even near to Oracle and as this system has been designed
using the same data base, so it is definite that Credit Management System will be functional even if the
complexity of the problem increases. Credit Management System is an application, which simplifies the
procedures associated with Credit Management. It does not only benefit users but also presents many

Loan Processing
This feature allows users to define the individual loan, policy
& deduction details, along with a complete guarantor’s
information with each loan. It also includes maximum solutions
for all the operational issues associated with loan processing.
It facilitates users to gather detailed information associated
with any client.

KEY FEATURES
Loan Processing
Syndicate Information

Syndicate Information

Multiple Types of Loan

Every processed and under-process application maintains
complete syndicate information. It also allows multiple
syndicate information with customized interest rates. System
possesses attributes to define installment payable by client
according to the nature of syndicate (either collective or
individual). In case of collective syndicate, system helps
users to manage all the respective information separately
along with customized rates of interest.

Multiple Modes of Loan
Security & Its Insurance
Document Management
Multiple Disbursements
Link Disbursement with Floater
Loan Rescheduling
Risk Analysis & Management

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Credit Management System V2.0

Support Multiple Loan Types
The system can manage different types of facilities depending
on organizational needs, for instance Long Term, Short Term
Loans, Project Financing, Modarba and Non-funded
Transactions. Different available facilities allow multiple options
to be offered to client.
Support Multiple Mode of Loan
This feature manages different modes of loan. It contains
two basic modes, staggered and constant. The staggered
payment option allows user to update information as required
after application process. The constant mode will not allow
a ny u p d a t e s a n d a l t e ra t i o n s a f t e r s u p e r v i s i o n .
This feature supports processing of any loan application in
a better way and it lets the user split the application into two
modes depending on client needs.
Security & Insurance of Security
This feature enables users to record all the information
associated
with the security against each loan disbursement; it also
allows users to record the information regarding insurance
of a security.
It manages and maintains information regarding security
separately, which allows holding details. System facilitates
user to enter multiple securities like, fixed assets or shares,
it also allows inserting the force sale value, in case the client
fails to repay.

4th floor, Plot # B/9-C, Estate Avenue, SITE, Karachi,
Tel: 2555212-3, www.plexuspk.com

Credit Management System V2.0

Credit Management System V2.0

KEY FEATURES
Document Management
System can maintain a checklist of required documents. This
features helps users identify the status of essential documents
needed for any loan application.

Repayment Schedule
LPC Management

Management of Multiple Disbursements

Loan Maturity

Usually, loan of huge amounts consist of multiple
disbursements, and this system manages them in an organized
way. For instance, it maintains a detailed receipt record of
each disbursement. System also offers option to allow principal
grace period or interest grace period or both; some other
options allow user to distribute the grace period amount in
all remaining installment or a specific number of installments.
System has an advantage to merge multiple disbursements.
It supports the scenario when more than one disbursement
are merged into one. This feature gives liberation to be
offered to the entity applying for loan.

Inclusive Reports
Integration with Financial
Module
Financial Calculator
Loan Customization
Recovery Management

Link Disbursement with Floater [KIBOR, SBP Discount
Rate]
This attribute allows users to link disbursement with all
current floaters. Its comprehensive floating policy tool provides
exceptional choices to user. For instance, user needs to
mention floor and cap rate along with the exposure rate of
floater. System also generates repayment schedules according
to the defined values. Another extensive tool allows users to
define any new floater as per market requirement.

4th floor, Plot # B/9-C, Estate Avenue, SITE, Karachi,
Tel: 2555212-3, www.plexuspk.com

Facility of Rescheduling Loans
In the scenario of rescheduling of loan,
multiple parameters can be addressed
like markup/principal frequency or
increase/decrease grace periods. Users
can reschedule loan by altering multiple
or single parameter depending on the
circumstances of client agreement. This
capability lets you offer attractive
suggestions to clients and also helps you
in meeting their satisfaction level in a
better way.

Credit Management System V2.0

Risk Management and Analysis
Using this feature, user can maintain information about the bounced
cheques for future aspects associated with applicant. It supports
users to analyze risk factor involved with any applicant. It also
helps management in making decision on the basis of risk analysis.

Automated Repayment Schedule Generation
The system automatically generates repayment schedule in terms
of principal and markup amount separately, which guards user from
loads of calculation.
System automatically maintains information of received payments
according to repayment schedule.
Late Payment Charges (LPC) Management
Usually, a customer does not pay installment on time. This system
allows users to define late payment policy for each customer
separately. System also calculates the LPC according to the set of
instructions defined to it by users. Moreover, system also facilitates
user to enable “not to charge Late Payment Charges”, by using this
option system will not charge LPC in order to give ease any specific
customer.

4th floor, Plot # B/9-C, Estate Avenue, SITE, Karachi,
Tel: 2555212-3, www.plexuspk.com

Credit Management System V2.0

Risk Management and Analysis
Using this feature, user can maintain information about the bounced
cheques for future aspects associated with applicant. It supports
users to analyze risk factor involved with any applicant. It also
helps management in making decision on the basis of risk analysis.

KEY FEATURES

Automated Repayment Schedule Generation
The system automatically generates repayment schedule in terms
of principal and markup amount separately, which guards user from
loads of calculation.
System automatically maintains information of received payments
according to repayment schedule.
Late Payment Charges (LPC) Management
Usually, a customer does not pay installment on time. This system
allows users to define late payment policy for each customer
separately. System also calculates the LPC according to the set of
instructions defined to it by users. Moreover, system also facilitates
user to enable “not to charge Late Payment Charges”, by using this
option system will not charge LPC in order to give ease any specific
customer.

4th floor, Plot # B/9-C, Estate Avenue, SITE, Karachi,
Tel: 2555212-3, www.plexuspk.com

Credit Management System V2.0

Loan Maturity Management
At the time of loan maturity, system does a complete
verification of the entire deal accordingly. This system has
been designed to signal an alert in the condition of prematurity; system also shows the maintained summary status
of each disbursement. Using this system, users also have
the capability to mature respective disbursement.
In the scenario of pre-maturity, it allows users to manage
the pre-mature loan procedure. When users need to premature the loan, the system automatically applies pre-mature
penalty, which is defined during loan disbursement or
declaration process.
The system also facilitates user to set pre-payment penalty,
which supports the circumstances if customer pre-pays the
installment.
Comprehensive Reporting
Reporting is the most vital component of decision making.
System generates significant reports, which are not only
functional for credit administration department but also for
the divisions supporting it, for instance accounts department,
risk management department, auditors, Clients, Statutory
Bodies and other related organizations. List of some imperative
reports contains:
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Accrual of markup report
Current Client Status Report
Late payment charges report (Customer/Disbursement
wise)
Computerized Financial Statement request
Insurance policy expiry letter
Reminder repayment of loan – letter
Monthly Payment Summary
Detail of pledge of shares (In case of shares as a
security of loan)
Loan and other facilities sanction details
SBP – Analysis of Interest & Markup
SBP – CIB Report
SBP – LMM Report
SBP – Moderate Growth Report (Sector Wise)
SBP – Quarterly Performance Indicator Report

4th floor, Plot # B/9-C, Estate Avenue, SITE, Karachi,
Tel: 2555212-3, www.plexuspk.com

KEY
KEY FEATURES
FEATURES

Credit Management System V2.0

OTHERS FEATURES
Credit Management System provides exclusive
reporting to Credit Administration Department,
which enables them
to monitor any specific entity and figure out the
i nvo l ve m e n t o f r i s k a s s o c i a t e d w i t h i t .

Scalability

KEY
KEY FEATURES
FEATURES

Flexibility

User Friendly

Fully Integrated with Financial module

Data Portability

System has been designed to get integrated with
account module completely. It functions with the
following accounting operations:
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Payment Voucher for payment of loans.
Receipt Voucher for receipt of installment,
other dues and maturity.
Journal Voucher for adjustment of any loans.
Scalability

In addition the system is designed to be functional
even if it is integrated with third party financial
modules.
Financial Calculator
This system is also geared with another very useful
tool named as Financial Calculator. Using this
feature, users can easily figure out repayment
scheduling along with all the details, such as its
description, due amount, due date. It also guards
users from loads of work and saves time eventually.
Customization of Loan
Credit Management System contains different loan
categories, which enable an organization to offer
different facilities to clients that meet their specific
requirements. This segment helps the system to
mold itself as per client needs and guarantees
customer satisfaction.
Loan Recovery Management

Regardless of the extent of your business, whether
there are trillion transactions a day or a few
thousand. Credit Management System has been
designed to support it. The quality of the system
has been assured to manage extremely huge set
of transactions.
Extremely User Friendly
Easy navigation, well-defined user messages and
easy-to -use toolbar make it extremely friendly
and accessible application. Comprehensive report
parameter screen has been designed to filter
undesired information and generate precise reports.
Flexibility
Credit Management System possesses the attributes
to mold itself according to the operational changes
in business processes and policies. Furthermore,
Credit Management System also facilitates its user
to define new business policies, which sculpt this
system to the business requirements.

This system maintains a complete record of
transaction associated with loan procedures. This
complete record helps the credit administration
department to manage the recovery procedure in
case the client fails to repay the due amount.

4th floor, Plot # B/9-C, Estate Avenue, SITE, Karachi,
Tel: 2555212-3, www.plexuspk.com

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