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Micro-Finance industry has been built to support poverty and people who are doing small business. MFIs provides helping to them and gives then small loans and other resources to beat poverty. Microfinance industries are playing a big role in rural development. A well organized MFI can provide better care and services to poor people. The MFI need a well established structure to manage its internal or external operations. The Micro–Finance ERP in Saudi Arabia is integrated solution to manage financial services and helps to manage risks. It is high standard fully cloud based solution that handles Core Banking and Loan Departments, HR Payroll, Employee Management and lots of branch operations from various locations. It is developed by modules and crystal reports.
In the present era Micro-Finance Industry is updating and grooming in such an extent that there are large number of MFIs that are working on it. The complexity of managing process become higher as the number of MFI branches increases. The ERP in MFIs controls the complexities of micro-finance operations that fulfill market demands. The simplification of processes improves the productivity and accelerates growth. To solve complex problems MFIs an ERP product has been developed this product to help you improve effectiveness.
Features of Micro-Finance ERP:
- All the MFI operations from loan origination to loan closing are automated that you can completely integrate manual processes.
- The whole system works like an ERP system in your business.
- It helps to keep eye on your expenses by a single click so that you can take optimal decisions in cost reduction.
- With the help of cloud based collection of money you can save 90% of your time.
- It provides automated report generation tool by collecting essential data automatically.
- You can get track all your financial statements in a secure and clean way.
- The use of Micro-Finance ERP in Saudi Arabia enhances the competitive advantage.
- Improves efficiency of business processes.
- The use of modern technologies in MFIs will let your future business growth.