Thursday, February 7, 2008

FinnOne Banking Software-Banking Management suite

Knowing enough about FinnOne Banking Software to make solid, informed choices cuts down on the fear factor. If you apply what you've just learned about FinnOne Banking Software, you should have nothing to worry about.

FinnOne Banking Software is a complete Banking Management suite which has been specifically designed to supply to the technological requirements needful for the banking and financial services industry. The FinnOne Banking Management suite is consisting of several applications. All these applications provide operational and decision-making support to the fast changing financial services sector. This very suite comprehends applications like spanning fund and fee based services.


In this context it must be mentioned that the FinnOne General Ledger module is the main module and with this all other modules are weaved integrally. Each module of FinnOne is an independent. Thus, the banking companies with limited services can also opt for select specific modules from this complete Banking Management suite.

Here we are providing you information about different modules of FinnOne suit:

# LOS or the Loan Origination System: The LOS module operates several major and minor activities. The most important of them are the basic data entry and the detailed data entry.


# FAS or the Finance Against Securities: The main objective of the FAS products and module is to value the Collateral Security. This widely used system helps the customer to determine their Credit Lines or Loans to be offered to the customer, depending on the collateral security provided by them.

# PDCMS or the Post Dated Cheque Management System: The major function of the FinnOne Post Dated Cheque Management System is to inventory, manage, track and present the cheques collected on due dates.


# Lending Solutions: FinnOne Lending Solutions supplies to the demand of the installment based loans system. The system module supports the requirements of the Leasing, Hire Purchase, Consumer Finance and Housing Finance business.


# Collection Software: The most impornat function of the FinnOne Collections Software is to track and organize the management of derelict customers. The system helps to serialize all the issues based on client risk profiles and then allocate the cases to collectors based on user-defined logic.

Knowing enough about FinnOne Banking Software to make solid, informed choices cuts down on the fear factor. If you apply what you've just learned about FinnOne Banking Software, you should have nothing to worry about.

Think about what you've read so far. Does it reinforce what you already know about FinnOne Banking Software? Or was there something completely new?

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