Enhanced Collateral and Loan Application Flexibility
Collateral Flexibility Loan Multiplier Simplified Focus
Collateral Flexibility Loan Multiplier Simplified Focus
This is now visible on the member’s loan dashboard. The Loan Details view now includes a detailed Arrears Breakdown with: In addition to the details, color code has also been added into the reports and system in general to make it easy and more exciting to interact with CAMS.
This can be achieved through the Teller functionality. The Teller can add and repay multiple fees in one transaction via the teller module hence streamlining the fee management processing.
This allows admins to adjust loan repayments or reversals without affecting ledgers. Loans can be re-closed after adjustments for finalization. 2. Click on “unclose” loan tab. 3. Confirm to unclose the loan the carry out the corrections needed on the loan. Once done, close the loan.
You can now download a report of all pending loan applications, regardless of their stage, in PDF, CSV or Excel format. This enhancement ensures easier tracking and processing of loan applications, streamlining your workflow and improving efficiency!
This feature allows members to pay for their loan charges before the loan is disbursed, the charges are automatically affected. This applies to CPP that requires charges to be paid upon loan application as indicated below. To effect this, upon approval, the admin effects the auto debit. Go to loan applications, open the loan to…
All reports can now be downloaded as PDFs. Unlike Excel or CSV, PDFs ensure reports remain finalized and secure from edits. The Sacco/ MFI can access several reports as indicated in the report’s menu. For instance, an admin would like to generate the savings report for a particular period, select the period, submit then download the report;…
Users can now combine self-guarantor (loan owner), member guarantors, and collateral during loan creation. This expanded flexibility simplifies loan guarantee management. This can be effected in two way;
Credit officers and loan approvers can now modify the loan product during the approval stage without deleting the application, improving flexibility and efficiency. This feature applies to pending loans. Select the loan then click on Edit. At the product, select the loan a member would wish to change to then submit.
New Implementation: Enhanced Access Control has been introduced with View and Read Permissions added to various reports. This ensures that only authorized users can generate and view the following reports: Saving Report, Saving Officer Portfolio Report, Account Transaction Report, Transaction Report, Product Balance Report, Saving Snapshot Report, and Saving Beyond Policy Limit Report. Purpose: The…