Loan Manager System - Corporate

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• multi user
• capable of handling a large account base
• affordable and very cost effective
• real-time balances
• data is stored in reliable MS-SQL database at your site, not at a 3rd party remote internet location. You do not want your mission critical data stored elsewhere.
• system control with multiple access levels
• definable account types
• all interest is calculated on the daily balances in accordance with CCC regulations.
• flexible interest charge options:  weekly, fortnightly, or monthly 
• automatic or manual interest calculations
• issue of client statements of account (View a Statement) meeting CCC Guidelines.
• comprehensive reporting options 
• supports flexible interest rate management
• powerful definable "trancodes" to segment transactions.
• generation of Direct Entry .ABA files for collection of repayments via Direct Entry electronic banking in Australia
• aids in delinquent and in arrears account control
• selective export of client names and addresses for mail-merge
• selective export of account details able to be imported into a spreadsheet 
• export transaction data for any selected date range. Data exported can then be imported to other accounting packeges, based on your Chart-of-Accounts data
• additional licenses available to manage portfolios for more than one company. Volume discounts apply
• in-built database backup to .ZIP file
• ability to charge a monthly account keeping fee
• apply a penalty rate of interest on in-default loans
• free optional over-night interest processing when you set an included  process to be started by your scheduling system. Requires some on-site configuration. Schedule, for say, 03:00AM
• comprehensive "detective" tools to find client accounts
• ability to pay credit interest on deposit accounts
• incorporates a wizard process to streamline and simplify the opening new accounts (both Loans and Deposits) 
• in use around Australia
• easy to use