CERQUIT LoansLoans management made easy
Cerquit Loans Management System is a holistic web application that is technically designed to support wide range of industry - from micro-financing companies to large -scale real estate developers; Cerquit Loans is a solution to the complex requirements of any loans system; it covers managing of extensive tasks - application of loans, managing receivables , financial assistance, collections, and creating reports. It aims to promote productivity, efficiency and convenience to not just collection officers, but to the managers , executives and business owners as well.
For any financing company, the Cerquit Loans can be a hub that is a combination of simplicity, power and intelligence - a simple and sleek interface, powerful functionalities and intelligent reports.
Cerquit Loans is 100% developed and maintained by Cerquit Solutions Inc. And can be integrated to Cerquit Accounting System.
- An application Dashboard which shows summary of all closely monitored
information such as:
a. No. of active clients by loan types.
b. List of Loan Applicants.
c. List of Checks for deposit.
d. List of Checks for pullout.
e. Amortizations Due for the week.
- Embedded Property Management System that allows the company to add several real estate projects, units under these projects; specific details for each unit; monitor status of the properties real time.
- Supports In-House and Pagibig – HDMF Loans.
- Supports amortization for Equity and Down payment loans, with automatic generation of amortization schedule based on defined parameters.
- Automatic computation of penalties as defined.
- Supports PDC (Post-Dated Check) management, with automatic generation of PDCs from a given check series.
- Provides a facility to easily monitor Collections.
- Supports custom-defined loan aging and grace period.
- Can also be applied to leased properties.
- The use of Apply Loan Wizard to easily create loans in a few very easy steps.
- With a calendar of holidays with option to automatically wave penalties on these defined dates.
- Supports several user levels and restrictions.
- A holistic Client Loan Profile which provides a summarized data of a client’s
loan – consisting of:
a. List of Amortization Schedule
b. Client’s Loan Ledger
c. Client’s personal information
d. Details of the Property borrowed
- Provides a Calculator tool that helps in computing monthly amortization cost given specific parameters (e.g. terms, interest rate) – which can be helpful for clients in assessing their finances.
- A facility that helps collectors to efficiently monitor their borrowers’ activities with the use of Loan Notes and Loan Documents.
- Loan Restructuring
- Pre-Termination of Loan
- Viewable Loan Archive
- Can be integrated to your present accounting system.
- Availability of audit trail.
- With integrated reports.
- Reports are readily available and can easily be delivered; A few examples
a. These system-generated reports provide intelligently grouped data which
can help with analysing the current status of the business.
b. A report that can identify past due/defaulting clients.
c. One that can clearly show aging of loans.
d. A report to show collections.
e. With embedded templates of notices that are usually sent to clients.
- It’s a web application, thus, can be accessed via internet, anytime, anywhere, with applied restrictions, therefore, without compromising security.
- Eliminates tedious manual processes, prevents inevitable human errors, redundancy of tasks, delay in reports, conflicts in managing of accounts amongst collection officers. Promotes productivity, efficiency and accuracy in collections department.
- Management of loans becomes very easy - the CLMS application can help with stress-free income monitoring and decision making.