PRISMA SYSTEMS SAVCO 3.5 & 4.x. What is SAVCO? SAVCO® is a complete integrated software that has...
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Transcript of PRISMA SYSTEMS SAVCO 3.5 & 4.x. What is SAVCO? SAVCO® is a complete integrated software that has...
PRISMA SYSTEMS
SAVCO
3.5 & 4.x
What is SAVCO?
SAVCO® is a complete integrated software that has all essential components to manage and run a savings and credit organisation
SAVCO® is a complete integrated software that has all essential components to manage and run a savings and credit organisation
It is easily learned and operates on Microsoft Windows 2000, 2003 server, XP, VISTA, 2008 server and any newer versions.
User customizable and fully parameterized
It is easily learned and operates on Microsoft Windows 2000, 2003 server, XP, VISTA, 2008 server and any newer versions.
User customizable and fully parameterized
What Does SAVCO Contain?
Customer and Member Full DetailsLoan ManagementRemittances and StatementsFull Share Product ManagementBusiness/Saleable Products ActivitiesDividend ManagementCustomer Banking ServicesCustomer Utilities & ServicingSaving Interest ManagementFixed Deposits Management
Customer & Member Details
•Official Details•Identifications•Classifications•Beneficiaries
•Official Details•Identifications•Classifications•Beneficiaries
Loan Management - Application
•Loan Application•Guarantors•Commission Fees•Amortization
•Loan Application•Guarantors•Commission Fees•Amortization
Loan Processing Flow
Entered Into SAVCO
Printed Copy Sent
to Loan Committee
Loan Committee
Approves or Rejects
Loan Approved in SAVCO by
Loan Officer
Loan Applicant Advised
Loan Application
Enters Monthly Check off
Loan Appraisal
Loan Management - Activities
►Workbench for Creating &Approving loans►Appraisal & Approval Workbench►Changing Loan Repayment Values►Writing Off Loan Interest►Changing Repayment Due Dates►Enquiring on Guarantors►Generating Due Interest/Principal Payments►Penalizing Loan Defaulters►Mass Data - Journal Transactions Entry►Importing Loan Transactions►+ Miscellaneous Related Activities
Loan Management – You Can Control/1
Loan Products to be UsedMaximum & Minimum Loan AmountMaximum & Minimum No. of GuarantorsMaximum & Minimum Repay PeriodsLoan & Shares RatioLoan & Savings Ratio (4.x)Loan Full Guarantee SecurityNumber of Loans One can GuaranteeHow Loan is Written Off
Loan Management – You Can Control/2
Interest & Principal are SeparatedLoan AppraisalsHow Loan Penalty is CalculatedMinimum Shares for EligibilityMinimum Savings for Eligibility (4.x)Who to Approve LoansLoan Value a User Can ApproveCommissions ,Fees & PenaltiesMany More User Defined Parameters
Remittances and Statements
Pay Remittances:Loan & InterestShares , Deposits & Others
Pay Remittances:Loan & InterestShares , Deposits & Others
Transactions Entry for Each IndividualOne by One or Bulk Entry as Journals
Transactions Entry for Each IndividualOne by One or Bulk Entry as Journals
Share Product Management – Commercial Shares
Business/Saleable Products & Market Activities
Customer Banking Services
•Defining Accounts•Teller Activities•Unlimited Service Types•Unlimited A/C Types•Banking Controls
•Defining Accounts•Teller Activities•Unlimited Service Types•Unlimited A/C Types•Banking Controls
Customer Banking Services – You can Control /1
Minimum Operating BalanceOpening & Closing FeesInterest RateType of Services and Charged FeesMaximum BalanceDividend EarningsCredit Charge on Outstanding Payments -
e.g. for CardsOverdraft Processing, e.g. Maximum, daily
or Monthly Charge
Customer Banking Services – You can Control /2
Minimum Withdrawal in one TransactionMaximum Withdrawal in one TransactionWithdrawal ChargesDeposit ChargesWithdrawal Intervals in Days - From Last
TransactionMinimum Interest BalanceCashiers End of day ReconciliationsMany More User Defined Controls
Fixed Deposits Management
Ledger & Cash Book Menu
Fully Customizable Chart of AccountsFully Customizable Chart of Accounts
Ledger entries are entered in journal format Ledger entries are entered in journal format
Banking Tellers are controlled from their ledger accountsBanking Tellers are controlled from their ledger accounts
Transaction can be imported from ExcelTransaction can be imported from Excel
Real-time Update of all master filesReal-time Update of all master files
Ledger AccountingChart Of AccountsJournal TransactionRecurring JournalsAsset Register Import TransactionsApproval ControlsAsset Register
Budget PlanningInitialize BudgetsImport From ExcelOriginal BudgetsRevise BudgetsFinalize Budgets
Ledger AccountingChart Of AccountsJournal TransactionRecurring JournalsAsset Register Import TransactionsApproval ControlsAsset Register
Budget PlanningInitialize BudgetsImport From ExcelOriginal BudgetsRevise BudgetsFinalize Budgets
Automatic Accounting Reports:Trial Balance, Balance Sheet, Income & Expenditure Statements etc
Automatic Accounting Reports:Trial Balance, Balance Sheet, Income & Expenditure Statements etc
Reports – Standard, Members & Customers
Member Driven
Customer DrivenTeller Driven
Standard Reports
Reports – Summary
•No Limit on Supported Reports•Reports can be Exported to Word, Excel, PDF, etc•Over 265 Reports on a Single Installation•Reports Menus Customized to What You Want
•During Implementation•Own Reports Developed Without Charge•Fit Reports to Special Printers Without Charge•Train on How to Create/Modify Reports
•During Use•New Reports can be sent Via Mail.•Write Own Reports - Data Dictionary Available
Implementation
IMPLEMENTATION PLANIMPLEMENTATION PLAN
INSTALLATIONSINSTALLATIONS
DATA LOADDATA LOAD
TRAININGTRAINING
LIVE USELIVE USE
OWN SUPPORTOWN SUPPORT
SUPPORT AGREEMENTSUPPORT AGREEMENT
Implementation Tasks
•Data Loading for Big and Small Databases
•Import from Excel wherever Possible – Use Templates
•Training
•Own or Assisted Training on Own Data.
•Software Installation
•Client PCs and Database on Server
•Free Oracle 10g Express Server for members between 1000 and 3000
•Free IBM DB2 C9X for members over 3000 to 20000
•Can purchase licences for Oracle & DB2 Databases
•Maintenance & Support Agreement - Available
Cost Breakdown
Description Money
Installation/Setup & Initial Data Loading
Based on Size
Computers and Hardware (Network, Printers etc)
Customer Sourced
Software Products Base Price
Expenses & Miscellaneous Based on Location & Size
Totals $$$$$$$$
THE END
PRISMA SYSTEMS