PrimeSoft Solutions (K) Ltd

SAVCO

All Versions

What is SAVCO?

SAVCO® is a complete integrated software that has all essential components to manage and run a savings and credit organisation

SAVCO® is a complete integrated software that has all essential components to manage and run a savings and credit organisation

It is easily learned and operates on Microsoft Windows 2000, 2003 server, XP, VISTA, Windows 7, 2008 server and any newer versions. It is User Customizable and Fully Parameterized

It is easily learned and operates on Microsoft Windows 2000, 2003 server, XP, VISTA, Windows 7, 2008 server and any newer versions. It is User Customizable and Fully Parameterized

What Does SAVCO Contain?

Customer & Member Full RegistersLoans, Deposits & Shares ManagementRemittances & StatementsBanking Services (FOSA)ATM & SMS Banking ServicesFixed Deposits AccountsCommercial Shares ManagementCustomer Products ManagementDividends &Saving InterestGeneral Ledger Accounting &

Reporting

Customer & Member Details

•Official Details•Identifications•Classifications•Beneficiaries

•Official Details•Identifications•Classifications•Beneficiaries

Loan Management - Application

•Loan Application•Guarantors•Commission Fees•Amortization

•Loan Application•Guarantors•Commission Fees•Amortization

Loan Processing Flow

Entered Into SAVCO

Printed Copy Sent

to Loan Committee

Loan Committee

Approves or Rejects

Loan Approved in SAVCO by

Loan Officer

Loan Applicant Advised

Loan Application

Enters Monthly Check off

Loan Appraisal

Loan Management - Activities

►Workbench for Creating &Approving loans►Appraisal & Approval Workbench►Changing Loan Repayment Values►Writing Off Loan Interest►Changing Repayment Due Dates►Enquiring on Guarantors►Generating Due Interest/Principal Payments►Penalizing Loan Defaulters►Mass Data - Journal Transactions Entry►Importing Loan Transactions►+ Miscellaneous Related Activities

Loan Management – You Can Control/1

Loan Products to be UsedMaximum & Minimum Loan AmountMaximum & Minimum No. of GuarantorsMaximum & Minimum Repay PeriodsLoan & Shares RatioLoan & Savings Ratio (4.x)Loan Full Guarantee SecurityNumber of Loans One can GuaranteeHow Loan is Written Off

Loan Management – You Can Control/2

Interest & Principal are SeparatedLoan AppraisalsHow Loan Penalty is CalculatedMinimum Shares for EligibilityMinimum Savings for Eligibility (4.x)Who to Approve LoansLoan Value a User Can ApproveCommissions ,Fees & PenaltiesMany More User Defined Parameters

Remittances and Statements

Pay Remittances:Loan & InterestShares , Deposits & Others

Pay Remittances:Loan & InterestShares , Deposits & Others

Transactions Entry for Each IndividualOne by One or Bulk Entry as Journals

Transactions Entry for Each IndividualOne by One or Bulk Entry as Journals

Share Product Management – Commercial Shares

Business/Saleable Products & Market Activities

Business/Saleable Products & Valuations

You can (re)value what to pay the customers for their products by either

•Between certain periods•For only certain products

Then post money to customer accounts

Customer Banking Services

•Defining Accounts•Teller Activities•Unlimited Service Types•Unlimited A/C Types•Banking Controls

•Defining Accounts•Teller Activities•Unlimited Service Types•Unlimited A/C Types•Banking Controls

Customer Banking Services – You can Control /1

Minimum Operating BalanceOpening & Closing FeesInterest RateType of Services and Charged FeesMaximum BalanceDividend EarningsCredit Charge on Outstanding Payments -

e.g. for CardsOverdraft Processing, e.g. Maximum, daily

or Monthly Charge

Customer Banking Services – You can Control /2

Minimum Withdrawal in one TransactionMaximum Withdrawal in one TransactionWithdrawal ChargesDeposit ChargesWithdrawal Intervals in Days - From Last

TransactionMinimum Interest BalanceCashiers End of day ReconciliationsMany More User Defined Controls

Fixed Deposits Management

Ledger & Cash Book Menu

Fully Customizable Chart of AccountsFully Customizable Chart of Accounts

Ledger entries are entered in journal format Ledger entries are entered in journal format

Banking Tellers are controlled from their ledger accountsBanking Tellers are controlled from their ledger accounts

Transaction can be imported from ExcelTransaction can be imported from Excel

Real-time Update of all master filesReal-time Update of all master files

Ledger AccountingChart Of AccountsJournal TransactionRecurring JournalsAsset Register Import TransactionsApproval ControlsAsset Register

Budget PlanningInitialize BudgetsImport From ExcelOriginal BudgetsRevise BudgetsFinalize Budgets

Ledger AccountingChart Of AccountsJournal TransactionRecurring JournalsAsset Register Import TransactionsApproval ControlsAsset Register

Budget PlanningInitialize BudgetsImport From ExcelOriginal BudgetsRevise BudgetsFinalize Budgets

Automatic Accounting Reports:Trial Balance, Balance Sheet, Income & Expenditure Statements etc

Automatic Accounting Reports:Trial Balance, Balance Sheet, Income & Expenditure Statements etc

User Management

Controlled by User IDs and PasswordsUser ID Can Be Define to Expire After a Certain PeriodCan Control Whether they can Work Over WeekendsCan Control Whether they Should Sign After 5 PM

Users are Restricted to Windows and Activities They Perform.They can be Allocated a Initial Default WindowThey can be Allocated a set of Favourite Windows & Tasks

Cashiers can be Allocated an Account for Daily Balancing.Cashiers can be Forced to Have Cash Before Operating.Non Cashiers can be Denied Access to Teller Functions

User can be Restricted to Own JournalsMore Restrictions and Controls are Available

Reports – Standard, Members & Customers

Member Driven

Customer DrivenTeller Driven

Standard Reports

Reports – Summary

•No Limit on Supported Reports•Reports can be Exported to Word, Excel, PDF, etc•Average of 280 Reports on a Single Installation•Reports Menus Customized to What You Want

•During Implementation•Own Reports Developed Without Charge•Fit Reports to Special Printers Without Charge•Train on How to Create/Modify Reports

•During Use•New Reports can be sent Via Mail.•Write Own Reports - Data Dictionary Available

Implementation

IMPLEMENTATION PLANIMPLEMENTATION PLAN

INSTALLATIONSINSTALLATIONS

DATA LOADDATA LOAD

TRAININGTRAINING

LIVE USELIVE USE

OWN SUPPORTOWN SUPPORT

SUPPORT AGREEMENTSUPPORT AGREEMENT

Implementation Tasks

•Data Loading for Big and Small Databases

•Import from Excel wherever Possible – Use Templates

•Training

•Own or Assisted Training on Own Data.

•Software Installation

•Client PCs and Database on Server

•Free Oracle 10g Express Server for members between 1000 and 3000

•Free IBM DB2 C9X for members over 3000 to 20000

•Can purchase licences for Oracle & DB2 Databases

•Maintenance & Support Agreement - Available

Cost Breakdown

Description Money

Installation/Setup & Initial Data Loading

Based on Size

Computers and Hardware (Network, Printers etc)

Customer Sourced

Software Products Base Price

Expenses & Miscellaneous Based on Location & Size

Totals $$$$$$$$

THE END

PrimeSoft Solutions (K) Ltd