Dynamic Data Collector – DDC

Generate valuable data input by optimizing and adapting data gathered

General Description

The solution is developed on a platform which has flexible approach of data collection, for control over gathered data types and data content, enabling different business objects to collect data dynamically. This approach is used so the data in the solution can be easily adapted to client requirements, during implementation and afterwards in the post-implementation period, authorized users can manage data gathering.

DDC is implemented on all objects within the solution, on application level, on product level, collateral definition etc. and it’s a very flexible model for adapting data collection to the specific position on the process flow.

This DDC object provides end users with a toll for increasing the efficiency in daily operations, and from management perspective automation of business processes and reducing the subjective decision factor and eliminating possibilities for making errors.

The dynamic collection of data allows high independency of the solution from ASPEKT and some of the benefits that offer are the following:

  • DDC on Credit Scoring Engine:
    • Dynamic specification of gathered data per process flow
    • Definition of dynamic parameters
    • Specification of answer’s format (number, text or predefined choice list)
    • Answer’s validations (mandatory fields, default values, list of values)
    • Integration of calculation procedures on parameters
  • DDC on Application Processing level:
    • Dynamic approach to defining approval schemas
    • Multi-user level approval based on predefined criteria
    • Dynamic definition of status flow, based on organizational needs and corporate business process flows
    • Report Export in various formats
    • Dynamic specification of additional data in the system
    • Simple integration with other systems, Credit Bureaus, etc.
  • DDC on Product Definition
    • Dynamic assignment of parameters directly on the Loan Product Definition
    • Dynamic specification of calculations and formulas per Loan Product

Key Features

  • Flexible Data ApproachGather only the data that your company needs, dynamically define data content and dictate the entire data approach in the solution, specifying mandatory fields, applying validation rules, and even add calculation procedures. With the ability to implement DDC on each business entity in the solution your everyday activities will be more effective and gathered data more valuable.

  • Increased Data ControlManage gathered content independently from the vendor and increase your corporate productivity by being able to implement new changes fast and on your own. With DDC implemented on all business objects, your employees are provided with a tool for self-increasing operational efficiency and from management perspective with a possibility for business process automation and elimination of the subjective decision factor.

What
clients say
  • "It's an outstanding system. Having a full overview and control over the branch operations in due time is a huge advantage when corrective actions should take place. Before ASPEKT, it was difficult and lot of effort was invested, to analyze the performance and make conclusions that will lead to improving business processes." - Credit Director
  • "Before ASPEKT, I had to remember all loan conditions, criteria and other rules and I was continuously under pressure not to make any errors. I felt a huge relief when ASPEKT system was introduced, everything is now predefined: amount limitations, interest rates, provisions, etc., even the loan contract templates are automatically generated so no additional double-checking is needed." - Loan Officer
  • "With Aspekt Microfinance Software, we have complete control over the corporate portfolio. Our active portfolio is monitored accurately and we are able to make future assumptions based on historic data, making precise risk assessment." - Risk Manager
  • "Aspekt Microfinance Software helped me better manage my time. When I start in the morning, I can make a quick review for: status of open loan applications, loan disbursements, clients with payments due for the day, new loan in arrears, portfolio outstanding, etc. Everything can be found from one location, so I can efficiently prioritize daily tasks and coordinate other activities with my colleagues." - Loan Officer
  • "Administering one system, from one central location saved time, improved the control and security mechanisms of our IT Department. I’m more than glad to recommend this highly flexible solution to other companies." - System Administrator
  • "With the integrated functionalities and controlling procedures in Aspekt Microfinance Software, we could easily locate a breach of procedures and prevent frauds. The solution is adjusted to detect errors and inappropriate transactions." - Risk Manager
  • "Before ASPEKT, I couldn't monitor neither review my performance. I waited for my Branch Manager to receive reports from head office, to find out about exact number and amount of outstanding loans, PAR and delinquency, drop-outs etc. Now with Aspekt Microfinance Software, I can even predict my performance in near future." - Loan Officer
  • "Before ASPEKT, the field audit in a single branch could last for 4-5 days. Now, with ASPEKT I can do most of the preparation work in my office and be more efficient on the field." - Internal Audit
  • "I can't imagine that all client's information and records are at one place. Before ASPEKT it was extremely difficult to check the credit history of returned clients, and we could make mistakes and approve loans even to rejected clients. With ASPEKT we can also review the repayment history of clients coming from other branches." - Loan Officer
  • "Before ASPEKT, we didn't have reliable information to assess performance. We were overburden with forms and excel spreadsheets and no information on how other branches perform." - Branch Manager
  • "With Aspekt Microfinance Software we can efficiently and accurately control all cash transactions. Borrower's cash receipts are printed from the system only when payment transactions are entered by Loan Officers. This prevents from handing over the cash outside of branches." - Internal Audit
  • "I'm happy now that Loan Officers I'm supervising can spend much more time on a field with clients. Before ASPEKT, the manual administrative work occupied so much of their time so that they were unable to recruit new borrowers and reach the projected growth." - Branch Manager
  • "Once ASPEKT was introduced, our efficiency increased, allowing our MFI to grow by 50% with current human resources. Aspekt Microfinance Software contributes on replacing the manual and routine tasks, so that staff can spent more time on innovations and development." - CEO
  • "ASPEKT is not just a simple loan tracking software. I used to travel in every branch once per month to monitor and appraise each branch performance. Now, I can monitor the progress and identify weaknesses from distance." - Credit Director
  • "With this vendor, we didn’t receive just a system sophisticated to be administered independently from the vendor, we also got entire team that supports us in any situation and is more than happy to help us continuously improve our operations." - System Administrator
  • "Aspekt Microfinance Software as one integrated solution offers full coverage of MFI's business process. It's an excellent management tool that improves decision-making processes. The flexibility and adoptability perfectly match the dynamic environment in which our MFI operates." - CEO
  • "With the centralization of the data we got smart system that streamlines all financial activities we perform on a daily basis. Payment transactions are automatically posted in general ledger and our department is able to perform complex financial analysis, using customized financial reports." - Accounting Officer
  • "Aspekt Microfinance Software is very flexible and managed to fully incorporate our internal risk management policies and procedures. I can generate customized reports on clients and loan portfolio and closely monitor and analyze the credit risk before and after disbursements. The information from the system is the baseline for any improvements on risk policies and procedures I have recommended." - Risk Manager