TiMCore-Koperasi offers a robust foundation for a Dynamic, Transcending Growth
Traditionally, cooperative societies maintain the records of members, their accounts for each member just as the banks were doing in those days. However, today, banks have shifted from manual book keeping to the use of Information Technology to enhance their efficiency in performing their accounting functions have become history.
Key Features of TiMCore-Koperasi:
TiMCore-Koperasi offers a robust foundation for a Dynamic, Transcending Growth
The microfinance movement is transforming the way that banking services are delivered to people and organisations that may not normally have access to such services. This new phenomenon can be a significant force for good, fostering the creation of businesses and wealth where it was not possible before. Most of the focus is on lending but many microfinance institutions also offer a range of other banking services. The microfinance institutions may be smaller and the market niche new but they still need to access the very best in core banking system. TiMCore-BPR/BPRS solution allow them to do just that.
TiMCore-BPR/BPRS solution innovative design is flexible, user friendly and features a very high level automation. This gives the TiMCore-BPR/BPRS flexibility and capability to deliver excellent customer service and operate very efficiently with a minimum number of staff.
TiMCore-BPR/BPRS solution portfolio is comprehensive, leveraging the considerable investment made in the TiM. It allows the microfinance institution to quickly build profitability by being productive from day one. It also has a full suite of reporting and monitoring tools and provides clarity and accuracy of information. The use of a parameterisation model makes the solution endlessly flexible and able to be quickly tailored to any microfinance institution’s specific requirements.
It is a web-based and module-driven system design specifically for Microfinance (BPR/BPRS). It is powered by modules and reports which facilitate and monitor group transactions, but also take considerations of transactions by individual customers.
Microfinance (BPR – Bank Perkreditan Rakyat & BPRS – Bank Perkreditan Rakyat Syariah) and Thrift (Koperasi) is a broad network of financial services that help low-income businesses or individuals raise income and integrate themselves into the conventional financial system by aiming to improve their standards.
TiMCore is microfinance/thrift solution that assists with lending loans for them to protect their assets while improving their businesses. Through the help of microfinancing, these companies will be able to support others in their community using employment and growing their businesses, while at the same time, protecting their assets.
Why TiMCore solution?
TiMCore will be able to help small entrepreneurs grow their companies and involve themselves within a high-quality financial system sans the need for profuse funds.
Modernize and Streamline Profitable Lending Growth Without Disruption
In today’s transforming financial landscape, the financial institutions are looking for modern, technologically superior loan management system that automates key processes. The need of the hour is for systems which are scalable, fast, flexible and agile, while being cost efficient. ILP-LMS can integrate with many systems and a superior credit rating process.
ILP-LMS supports multiple facets of loan portfolio starting from prospecting to closure and monitoring. The comprehensive loan management solution facilitates financial institutions to automate the procedures for achieving cost savings and better customer experience. We deliver tech enabled lending processes that improve productivity and customer service through the entire loan lifecycle.
ILP-LMS is designed to enable robust and seamless interface with each financial institution’s core systems. In addition, through ILP-LMS’ effective user management configuration, loan portfolios are only accessible by responsible loan officers and lending staff, which greatly reduces exposure of sensitive customer information. There are numerous benefits of implementing ILP-LMS to automate loan management processes. ILP-LMS solution can immediately increase efficiency and effectiveness of the loan monitoring processes and follow through steps needed by each loan officers and lending staff and protect financial institutions against possible losses.
Enhanced operations and service levels with optimal cost.
End-to-end debt collection system with Business Process Management (BPM).
ILP-LCS is a collection module that helps customers to implement different collection strategies for different customers to achieve the most efficient use of your scarce resources via precision targeting of customer groups.
The financial institution can no longer rely on time-consuming, error-prone and expensive manual processes, especially when resources are inadequate and time is short. ILP-LCS provides solutions to drive automation and workflow, lower days sales outstanding, mitigate credit risk, reduce dispute cycle time and improve visibility into likelihood to pay.
Automated risk assessment and credit risk on a flexible and scalable software platform
Whether dealing with consumer loans or commercial credits, the financial institutions need to assess credit risks associated. In the retail segment, this is done through scoring models (e.g. application and behavioural scoring) and in the corporate banking segment through risk rating models that typically involve, both quantitative and qualitative risk factors.
Automate the credit process from application to approval with seamless integration into Credit Risk Tools (ILP-CRT). ILP-CRT platform empowers you to pull credit reports, nalyse, measure and take action on a customer’s credit worthiness faster and more consistently.
Decrease application turnaround time, launch new products quickly and proactively manage risk through ILP-LOS
ILP-LOS is a rule and workflow-driven web-based platform and tightly integrated single point of credit assessment, which allows financial institution lenders to streamline and holistically improve their standard pre-screen, underwriting and settlement process for all loan products (multi line of business).
ILP-LOS marries a mature set of features with a flexible approach. The system stands out from other solutions available on the market due to its high flexibility, which allows the adjustment of processes to the actual needs of the financial institution. The key features of the platform include:
Last but not least, ILP-LOS has a unique combination of skills under a single roof: business, technical (design and development), UX, implementation, integration, and maintenance. During the project implementation and also after the roll-out, ILP-LOS’s goal is to accompany the client in employing new ideas and processes in order to create the optimal model adjusted to their specific needs and business context.
The modular structure of ILP-LOS implies that its implementations may be performed in stages. The system modules cover the entire area of credit processes, from initial calculations and submission of the application, customer link by analysing the creditworthiness, scoring and rating assessment, up to making an automatic or manual credit decisions, signing a credit agreement and releasing the funds in the core system of the financial institution.
Greatly reduced defaults ensuring optimum returns.
ILP (Integrated Loan Processing) is a modern platform dedicated to financial institutions that offer credit products for all types of customers via any sales channel. The design of our loan platform is based-on the proprietary solution, ILP Business Process Management. Thanks to this, all the parameters of a loan product, the process itself and the associated screens and printouts can be tailored according to the client’s needs. Moreover, the solution can be used to design and configure any kind of business processes.
Our ILP (Integrated Loan Processing) provides a comprehensive service of loan processes and enables business administrators in the financial institution to independently manage all of the elements of the processes, including a process itself, user screens, printouts, business parameters and logic (algorithms). The configurability and flexibility of ILP (Integrated Loan Processing) decrease the time of implementing changes or new products to the minimum. Its testing functions allow to implement correct and verified products. Thus, all functions that are necessary to sell banking products for individual or business clients are now available on a single loan platform.
Our ILP (Integrated Loan Processing) process covers 5 (five) part of banking credit process as regulation of central bank (Bank Indonesia).
We solve business problems
We understand that the loan side of the house can get complex fast. Our loan consulting team has years of experience working directly for national banking. We specialize in getting the core system working for customers by designing the system specifically for your financial institutions. Our customers typically start with our Loan Origination System (LOS), but we love taking on specific projects like Credit Risk Tools, Scoring Model and many business process refer to loan processing.
Today, we live in an “I want it NOW” world where business demands personalized products and services that are customer focused and proactively anticipate customer needs.
We stands for Enabling Technology. But it’s not just about the technology, it’s about solving business problems. That’s what we do here at TiM. Our mission is to provide the enabling technology and expertise to deliver real business value to our customers, and move them towards today’s customer engagement model where continuous innovation leads to amplified opportunities.
Our SaaS solution helps customers capture, automate and manage all system –all hosted and managed in a virtual private cloud. Supported by secure hosting and robust disaster recovery, our SaaS solution reduces the expense of managing an in-house IT system, while ensuring your data is protected and easily accessible. It removes the complexity and cost associated with the running and upkeep of an in-house IT system. As a result, there is no need to purchase and maintain servers, computer rooms, implement back-up tasks or expensive data security systems. With our SaaS solution, this is all managed for customers in a virtual private cloud.
With the help of SaaS solution, organizations are able to instantly deploy newly built rules, decisions and applications on their scalable SaaS solution environments. Moreover, SaaS solution provides integration capabilities regarding diverse systems with the help of web services.
Robust disaster recovery and backup services ensure your information is protected against the threat of unforeseen events and ready to restore to working order in the event of an emergency. Accessing the SaaS solution in the cloud allows organizations to benefit from a secure and accessible platform that integrates with existing enterprise systems to support effective resource management.
With our SaaS solution, all hosting, infrastructure and system management tasks are managed by PT. Teknologi Inovasi Mandiri. This includes activities around:
Our SaaS solution benefits:
We provide the SaaS solution for: