Microfin360 is a Micro Credit Management Software specially developed for the Microfinance Institutes, NGO’s, Cooperative Societies or any financial organizations works on equal monthly installment business. This platform automates their regular business work-flow that supports employee management, beneficiary admission, account opening, loan/savings/insurance schedule management, batch collection, automated back office voucher entry, more than 150 parameterized reports and business intelligence dashboard.
Microfin360 is the most widely used microfinance business automation software. Originated from the home of microfinance – Bangladesh, currently 120+ Microfinance Institutes and Cooperative Societies all over the world consist of in total 5200+ branch locations. Having a vast experience in implementing Microfin360 in different geo-locations in the world, Microfin360 embeds with a rich set of good practiced features and reports that improves the operational excellence for any organizations.
Organizations using Microfin360 enjoy all the benefits of storing their data online that is automatically back up in multiple physical locations, protected with SSL encryption and secured from intruders with multi-factor authentication. Microfin360 provides the latest full technology stack to prevent and deal with hardware failures & security threats. Being online also prevents the main cause of data loss: physical theft of hardware, office break-ins or unexpected disasters.
In Microfinance industry there is no room for downtime, technical or any other application related issues that could lead to major losses and/or distractions to regular core business. Thus it is absolutely necessary to have 24 hour support service to keep the business running. We make sure that clients get support on anything they need, whenever they need.
1. Well trained Business Support Specialists with vast knowledge in business domain monitor real time
client side activities.
2. Each client is dealt by a dedicated Specialist to provide application, technical or even business related supports for our entire portfolio of solutions.
3. Our professional Support Specialist Team is dedicated to address the challenges to implement automation in business, find ways to mitigate business or IT operation risk.
4. On/off-site training is offered to educate our clients on solution with standard training materials.
5. FAQ, Online training manual embedded with application to help our clients a way out whenever they stuck.
Alert Service for Management
1. Organization’s Overall Status Savings Deposit & Refund, Current Savings Balance, Today's Loan Collection, Current Out standing, Cash in Hand, Cash at Bank, Today's Due, Total Due etc.
2. Branch Performance Status Highest Recovery Branch (%), Highest Disbursement Branch, Highest Due Branch, Highest Cash in Hand Branch, Highest Cash at Bank Branch etc.
Alert Services for Beneficiary
1. Loan Proposal Confirmation/Approval to Members Loan Product, Approved Loan Amount, Disbursement Date, etc.
2. Loan Disburse Notification to Members Product, Loan Cycle, Loan Amount, Installment Amount, First Repay Date, etc.
3. Loan Installment Confirmation to Members Product, Loan Cycle, Date, Paid Amount, Outstanding, Due, etc.
4. Savings Deposit Confirmation to Members Product, Date, Savings Deposit Amount, Current Balance, etc.
5. Due Notification Alert to Members Product, Loan Cycle, Last Payment Date, Total Due, Number of Due Days, etc.
6. Loan Installment Reminder to Members Product, Loan Cycle, Next Payment Date, Next Repayment Amount, etc.