SignonPro UMS
Universal Microfinance Solution is a new age banking solution featuring high level of automation. Its intuitive user interface reduces the accessibility issues thereby simplifying the sophisticated loan process. It is a user friendly dynamic solution and aims at delivering complete functional coverage. It helps to ensure quick access to easy finance in an inclusive way.
Through its diverse feature and flexibility, SignonPro UMS aims at enhancing profitability and business coverage along with better automation and security. It helps bank in ease of operations and deliver excellent customer service in the modern technological era. It provides the customer a smart banking functionality encompassing a wide range of services.
SignonPro UMFS Framework
Product & Business configurator
- Configure Scheme details and Parameterization for Interest rate structure, fees & commission
- Business rules configuration
Customer Cube
- 360 degree view of a borrower
- KYC norms made easy
Transaction Process
- User friendly browser based interface
- Online posting
- Multi level approvals
- Audit trials
- Periodical processing
Reports
- Standard operational reports for Loan Accounting
- Statutory reports for regulatory requirements
- Reconciliation reports across all modules
- General Ledger, P&L and Balance sheet for Financial Accounting
- Export to PDF & Excel Format
Integration
- Data Extraction from Lending Automation
- Integration with Credit Management System
- Online up-dation of Financial Accounting System
- Extended interface with SignonPro Mobile Branch for Microfinance, SHG & NGO operations
SignonPro UMFS
Lending Activities performed using UMFS
- Group Registration Fee Collection
- Individual Customer Creation, Group Creation
- Loan application Entry and Processing
- Loan Account Creation
- Loan Contract Creation with Schedules at Individual Level
- Disbursement
- Loan Contract Authorization and Fund Transfer
- Issue of Smart Card to the Trust Bank’s Individual Customer