MICROFIN360

presents

MICROFIN360

CLOUD HOSTING

reliability, physical security, scalability

MOBILE APPS

easy to access, remarkable speed

SMS SERVICE

real time notifications speed

24/7 CLIENT SUPPORT

online 24/7 support

&

Reliability, Security, Scalability

much more!

.....to facilitate

with no compromises!

Cloud Hosting

&

ALL THESE FEATURES

and much more

VERSION

3

THE BEST PRODUCT

........to provide

with no compromises

8x
performance

many new
features

to ensure...

SMS Service

with real time notification

to satisfied...

an expert support team!

FAST, RELIABLE ACCESS TO

Home

Welcome to MicroFin360 !

The MicroFin360 is a web-based, dash-board driven Micro-Finance Management software specially developed for the Microfinance Institutes to automate their work-flow. The solution comes with an immense capability of synchronizing real time data, management level monitoring and centralized financial report consolidation. By means of adopting the solution, every aspect of microfinance business would readily be performed with secured transactional data entry which needs less effort and human touch. The solution also runs in compliance with Regulatory Authorities, Patrons, Partners, Donors and Funding Organizations. Microfinance organizations can avail this solution integrated with Management Information System (MIS), Financial Information System (FIS) and Human Resource (HR) modules.

Throughout the last decade of MicroFin360’s successful journey it has already facilitated hundreds of Microfinance Institutions upon ensuring them a successful automation both from home and abroad.

Our Services

Cloud Hosted Services

A world class cloud infrastructure has been introduce to meet the growing computing demand.

Safer in the Cloud

Ensures end user can access MicroFin360 via only web browser where software and associated data are hosted remotely.

Mobile Apps

Frequently serve to provide users with similar services to those accessed on PCs.

Anytime, Anywhere

With remote clients, an organization's information about them shouldn’t be isolated

SMS Services

SMS real time notification system that facilitates your business communications with members.

Real time notifications

Ensure instant SMS service with real time notification.

24 X 7 Support

The 24x7 Support Center is designed to provide you with support for issues encountered in your daily operation.

Scalable Infrastructure

MicroFin360 enables institutions to forget the challenges of purchasing hardware

Major Features

  • Fully real time web based solution. No separate data synchronization is needed
  • Well implemented cashless branch system with better security and electronic transactions
  • Availability of Microfin360 inspired smart card for unique borrower identification and flawless transaction
  • Users are able to process and manage data at the institutional level, both at central offices and in remote locations
  • No need to invest on costly data centers. The entire application is hosted in our lightening fast and secure data center
  • Integrated push-pull SMS notification service enabled both for management and borrowers
  • Completely paperless collection is enabled through android app
  • Reduce processing time by 200%
  • Improve overall organizational efficiency and profitability
  • Easy and faster migration process with fail-over mechanism
  • Remote access to get information anytime anywhere
  • Mobile/Tab friendly application
  • Dash-board driven information of MFI and all its branches
  • Easy and centralized administration
  • Auto ID configuration for Branch, group/center, member/borrower, loan and savings/deposits, employee, vouchers
  • Funding Organization & Regulatory Authority compliant reports
  • Track financial transactions and create reports for management, donors, and regulators
  • Become more systematic in their operating procedures in order to handle a much larger volume of information
  • Establish transparency and good governess
  • More than 200 parameterized daily, weekly, monthly and date range wise reports and registers
  • Low bandwidth friendly – suitable for remote places using cellular networks
  • Integrated core modules:

  • Management Information System (MIS)

  • Accounting Information System (AIS)

  • Human Resource Management (HRM)
  • Define unlimited number of loan product types with customizable repayment behavior
  • Instant SMS notification on Loan disbursement and Loan Transaction
  • Identification of good and bad loanee
  • Interest calculations:

  • Flat

  • Declining balance – equal monthly installments (EMI)

  • Declining balance – equal principal installments

  • Declining balance – Index Based
  • Loan-wise predefined schedule preparing
  • Target set and achievement analysis based on loan activity
  • Ability to schedule loan disbursals and repayments independent of meeting schedules
  • Loan defaults based on previous loan amounts or cycle
  • Define grace periods for loan repayments
  • Support for periodic fees, fees deducted at disbursement, one-time fees, and penalty charges
  • Support for early & partial loan repayments with rebate facility
  • Display of loan repayment schedules and detail loan account activity pages
  • Automatic update of repayment schedule if client/group’s meeting day changes
  • Variable loan installments and Support for adjustments
  • Support for adjustments
  • Allows loan write off
  • Automatically change loan account state
  • Repay total loan at any point in loan cycle
  • Add notes to loan records
  • Support for loan rescheduling
  • Support for back-dated payments with automatic voucher update
  • Ability to generate voucher and receipts directly from loan account page
  • Allows loan waiver for death member
  • Allows loan write off
  • Dashboard driven module that provides information of MFI/individual branches
  • Auto voucher code configuration
  • Search voucher by prefix/suffix/transaction date etc.
  • All MIS financial transactions triggers auto accounting vouchers
  • System allows manual vouchers for regular expenditures and other operations
  • Fund transfer among branches
  • Supports budget/budget variance
  • Dashboard driven module that provides information of MFI/individual branches
  • Auto voucher code configuration
  • Search voucher by prefix/suffix/transaction date etc.
  • All MIS financial transactions triggers auto accounting vouchers
  • System allows manual vouchers for regular expenditures and other operations
  • Fund transfer among branches
  • Supports budget/budget variance
  • Supports dig down report to get track of transactions
  • Prevents unauthorized back dated data entry
  • Supports up to unlimited depth level in chart of accounts
  • Supports donor loan management and scheduling
  • Supports all the major financial reports like:

  • Trial Balance

  • Receipt-Payment Statement

  • Income Statement

  • Balance Sheet

  • Cash flow statement

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