SYS-MICRO Savings is a mobile enabled solution that greatly enhances operations efficiency of collection agents of a Bank. Collections for micro & small savings products happen on-thefield and therefore require technology support that is light-weight and easy to use.
SYS-MICRO Collection solution works on mobile in a secured manner and in an integrated way with core back-office / accounting systems.
Extract or real-time update from core back-office / accounting system, selection of Accounts
Last x transactions, x period, Due amount, Late fees
Balance Inquiry, Mini Statement
through Cash / Cheque
2FA, Data Encryption for storage as well as transit, Agent and Customer authentication
Savings discipline since the financial institutions do not have to wait for the Customers to come to branch for repayments. The agents / field officers can go the field and record collections using SYS-MICRO Savings solution.
A mobile enabled solution removes the drawbacks of manual record keeping such as delayed reporting, oversight & errors, poor risk management
No misuse, mismanagement or fraud since the transactions are recorded & updated in real-time; and, additionally receipts are issued.