Solution Insight
Solution overview
Aspekt Microfinance Software is designed and structured to meet different MFIs needs, understanding that MFIs differs from banks and other financial institutions, in a way that social and impact data on their clients are as important as financial records.
Aspekt Microfinance Software is developed on the basis of 4 main objectives:
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Integrating all business processes into one system
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Advanced controlling mechanisms to minimize the risks of errors and frauds
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Excellence in responsiveness and post-implementation support to meet future client demands
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Flexible reporting and data collection platform to meet MFI requirements and quality support to the management decision-making processes
Solution technology
Aspekt Microfinance Software is built on a technology which has:
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Sophisticated Architecture
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High Performance
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Simple Deployment
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High Security Level
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Scalable Architecture
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Structured Database Design
Type of implementation
ASPEKT is providing two types of implementation (Standard and Enterprise) in order to respond to different scope of client’s operations, from startup MFIs with determined range of operations up to market leaders and large scale MFIs with requests for high-level flexibility, scalability and time-to-market orientation.
Solution Modules
Front office modules
Generate more revenue and serve borrowers faster by optimizing process steps …
Back office modules
Automate the processing of high volume transactions by completely integrating processes …
User interface
The solution is developed with user friendly and modern design, and User Interface (UI) which makes the user experience pleasant and the interaction with solution commands and forms easier and efficient. The design supports users to easily accept the transitions from old to new systems in optimal time.
Solution Benefits
Top management
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Improved efficiency and cost reduction
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Alignment of business segments into one integrated MIS (loan tracking, accounting and finance, internal control, HR, fixed assets, etc.)
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Producing quality reports and analysis for improved strategic/business planning and decision-making
Operations
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Improved Loan Officer’s productivity and efficiency. Single-entry of all client and loan data collected, minimization of manual work and hard copies
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Pre-defined loan conditions and enabled controls to minimize human errors and avoid false transactions
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Increased efficiency in introducing new products to market through flexible product definition
Finance & Accounting
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Improved financial and fund management
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Better structured reporting of financial data and ready-to-use analytic reports
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Automated transaction posting and matching
Risk
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Automated risk forecast process
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Detailed analysis of payments allocations, portfolio at risk and delinquency reports
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Streamlined decision-making process
IT
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Streamlined administration of privilege rights
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Increased data security and control complete log audit tracking process
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Definition of ad-hock dynamic reports, independently from ASPEKT