Banking software

Banking Software!

Websoftex Banking Software is one of the most popular and experienced Banking Software companies in with around 3+ years of experience in building websites.

Websoftex Banking Software Solutions Websoftex Banking software is a powerful online web based and windows based GUI based application integrated with core banking system designed to take care of all aspects of your societies business with utmost care. The highlight of this software is in its comprehensiveness and the simplicity with which it handles complex tasks with ease.

SAILENT FEATURES: • • • • •

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Multi-user Online web based with Multi Branch core Banking application.

Extremely Functional and user friendly with user drivers operation.

Attractive and well said reports format.

Report export facility to various useful formats such as Ms Word. Ms excels. Customized and user defined reports.

Ace reports can be viewed on the screen and can be printed on printer.

Created by a team of highly experience programmers using the latest software tools with domain knowledge of highly experienced banking professionals and with a feed back of over 30 Co-operative Societies.

Optimized for best performance on Pentium Pc's Reduces cumbersome and routine work Minimizes errors ,Better Control, Multi user version, Total satisfaction of customers

Websoftex Banking software has been developed to provide the following important features: • • • •

Modular design with proper integration to ensure trouble-free operations without undue complications.

Optimum security of operations which is very essential for financial transactions Comprehensiveness in coverage - a feature absolutely necessary to meet all requirements User-friendliness which ensures hassle free usage

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High flexibility with expandability and upgradeability. The software can be used by all societies and can be easily upgraded/expanded to cover more activities whenever required.

The software is capable of handling huge volumes of transactions without any difficulty.

State of the art technology has been used.

Control over operations with in-built checks and balances, authorization procedures, etc.

Elimination of scope for tampering of data The system is designed to work for network environment to access the information & update the data by different users simultaneously

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Software Coverage: - Each module has been designed to cover a wide range of activities. Apart from comprehensive master details each module covers all transactions chronologically and systematically. A bird's eye view of the coverage of the modules is presented below.

1. Membership Management: -

Enables customer to enroll as Member, Non-Member, Associate Member and Nominal Member and it consists of Enrollment, member assets and liability details o Member Profiles Queries (Share, Deposits, Loans of the member). o Photos & signatures of members are stores in data base are accessible when ever required o Closing of Membership o Member Address lists o Reports.

2. Share Accounting: - It enables issue of shares, withdrawal of shares, dividend calculation and posting, consolidate dividend report and share register, any time. o Issuing of shares. o Issuing of additional shares. o Dividend calculation and payment. o Withdrawal of shares. o Share Register. o Reports.

3. Operational Accounts: It consists of SB

Account opening. o Transactions (credit/Withdrawal by cash). o Transfers (transfer to/from S.B. Accounts). o Transaction maintenance taking care of minimum balance in account. o Interest calculation & posting. o Schedule. o Execution of standing instructions. o Photo & Signature of the member available and accessible at the time of each withdrawal transaction for verification. o Pass sheet printing. o Account closing. o Reports.

4. Term Deposits: Consists of FD, RD, RICC, Cash Certificate, Pigmy and Thrifts deposits o Account opening. o Deposit Receipt printing. o Interest calculation and posting. o Closing before maturity (Pre Closure). o Closing on maturity. o Transfer of Term Deposit Interest to SB,RD. o Deposits Renewals. o Reports. o Deposit Maturity Report. o Interest Provisions 5. Loans and Advances: Consists of Surety Loan (Unsecured), Crop Loan, Vehicle Loan, Gold Loan, Loan against Deposit (like, FD, RICC / CC) Loan Ledgers & various types of reports. o Loan sanctioning. o Loan disbursement. o Creation Loan Parameters by user. o Borrower and Surety Details. o Interest calculation and posting as per the loan schemes. o Interest Provisions for annual financial year. o Transfer entries from SB, Shares and Dividend are possible. o Loan repayment. o Loan Charges posting. o Loan closure. o

Penalty Interest. o Loan Ledger view. o Loan Schedule for Different Amount, ROI, Periods. o Reports. o Loan Balance pass sheet. o Monthly Demand collection Balance report. o Overdue report. o NPA report.

6. Standing Instructions: Carrying out of Standing Instruction on day-to-day basis and monitoring of Standing Instruction, cancellation, etc. o Define Standing Instruction. o Processing and posting. o Status of Standing Instruction. o Reports.

7. Cash Transaction : Internally updating daybook entries like Receipts, Payments, and Transfers between accounts can be updated internally through the respective modules, direct voucher entries to the G/L are possible o Receipts and Payments. o Cashier Scroll. o Cash Register. o Bank reconciliation.

8. Day book and Trial Balance: It includes subsidiary daybook; cash transfer in respect of each account head with abstract no. of vouchers o Day Book. o Trial Balance. o Subsidiary day book. o

See more @: www.websoftex.com Websoftex Software Solutions Pvt. Ltd. #240/A 3rd Cross Gokula 1st Stage 1st Phase Mathikere Bangalore - 560 054 Karnataka India.

Santhosh Kumar 9590355556 98806461360 Email id: info@websoftex.in