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TiMCore-Koperasi

TiMCore-Koperasi

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:

  • Management of the list of members with possibilities to:
    • Search by member code, name and combination of other parameters.
    • Inclusion of member’s photograph.
    • Print member’s details for individual member and all members.
    • Display/print member’s account balances for share contribution, loans and savings.
  • Maintain records of loan applications with facilities including:
    • Calculation of interest and monthly repayment.
    • Report on loan applications.
    • Each application can be status marked as pending, rejected, granted and you can report as such.
  • A ledger is included with facilities including:
    • Entries of receipt, payments and journal transactions.
    • Double entry principle is maintained.
    • You are guided through the steps.
  • Reports include:
    • Transaction entries with options to filter the output;
    • Account inquiry to check details of any ledger account;
    • Statement of individual member accounts for loans, savings, shares;
    • Account listing – a list of all ledger account balances as at a given date;
    • Account analysis for the analysis of any account balance into individual member balances.
    • Interest calculations are done on savings account and Journal entry is generated automatically.
    • Dividend calculations are done on all share contributions of members and Journal entry is generated automatically.

Other features:

  • Easy to use with tool tips, online help user manual. All in simple English.
  • Access to the modules of the software is controlled by flexible password system.
  • Able to define parameters for interest rate on loans/savings, thrift/credit type.

TiMCore-BPR/BPSRS

TiMCore-BPR/BPSRS

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.

TiMCore

TiMCore

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 solution aspires to create a movement wherein individuals or households in lowly and almost-lowly States will be given access to a broad range of financial services.
  • TiMCore solution makes it a point to view microfinancing as a means to promote economic growth, increased employment, protected assets, and business flourish.
  • TiMCore helps cushion small businesses from external shocks such as economic fluctuations or financial issues.

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.

ILP Loan Management System (ILP-LMS)

ILP Loan Management System (ILP-LMS)

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.

Benefits:

  • Cost reduction and faster loan approval using cutting edge technology/services.
  • Secure and scalable solution.
  • Deep dive into profitability analysis.
  • Compliance to regulatory reporting through comprehensive reporting module.

Enhanced operations and service levels with optimal cost.

ILP Loan Collection System (ILP-LCS)

ILP Loan Collection System (ILP-LCS)

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.

Benefits:

  • Reduced cost and increased productivity.
  • Agents can handle the complete end to end process of collections on the field considerably reducing the time and cost for the operation.
  • Real-time, transparent process results in increased trust on collection agents and instant query resolution through information available in the solution.
  • To decide the best strategy for classification, allocation and follow-up Actions.

ILP Credit Risk Tools (ILP-CRT)

ILP Credit Risk Tools (ILP-CRT)

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.

Benefits:

  • Maximize Efficiency
    Access to ILP-CRT reports, coupled with the best public customer data in one platform.
  • Increase Productivity
    Instant and actionable alerts when financials, ratings and business credit reports change.
  • Rapid Deployment
    Go live in a matter of hours with no IT resources needed.

ILP Loan Origination System (ILP-LOS)

ILP Loan Origination System (ILP-LOS)

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:

  • Automation and end-to-end support – considerably decreases the time needed to go through credit application processing, starting from pre-screen activities such as simulation to agreement completion and complemented by process monitoring and after-sales support.
  • System connectivity – enable direct data exchange between various components and thus the platform can be the orchestrator of requests to external and legacy systems.
  • Wide range of business customization – no technical knowledge is needed to make modifications in the system, which thus enables business employees to quickly respond to changing market and legal conditions, significantly reducing time-to-market.
  • Full management of loan documentation – all printouts are based on templates to automate the preparation of loan documentation; there are modules to generate applications, contracts, schedules, etc., as well as to collect income certificates and financial statements needed in a loan process.
  • Cost savings – the platform consists of modules which provide a wide range of tools essential for sales of loan products; the modular structure implies that the financial institution is charged only for the functions they actually use.
  • Technology – ILP-LOS is based on well-tested, reliable solutions, that allow to work in a variety of client and server environments, and also provide scalability, high performance and availability.

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.

 

Benefits:

  • Faster processing of the loan origination cycle right from targeted market to closing.
  • Real time monitoring of loan process.
  • Greater transparency within the organization.
  • Improved flexibility to introduce new loan products (multi line of business) compliant with regulator guidelines.

Greatly reduced defaults ensuring optimum returns.

ILP (Integrated Loan Processing)

ILP (Integrated Loan Processing)

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).

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