subject: Loan Management Software - A Tool to Keep Your Finances Organized [print this page] Whether you are in business needing software to track your customers' respective loans and / or a dynamic individual interested in complete LMS to track your customers/your mortgages, ours is a perfect tool with an inbuilt calculator.
The software can help to generate amortization schedules to help you plan your accounts payable and receivables. It comes with following features to manage your hard-earned penny,
1. Compatibility: The software is compatible with mortgages, rules (Simple Interest) for different types of loans like car, business, debt-consolidation, student and more for US and Canadian countries.
2. Tracker: The LMS comes with an intelligent tracker to maintain actual loans with fixed and variable interests and corresponding payment logs. The inbuilt financial manager tracks your payments and projections including taxes, interests, insurance, late charges, penalties, overheads and other liabilities, etc
3. Scalability: It also comes with a scalable intelligent calculator driven by a programmable business rule engine that can be configured to meet any countries legal rules and regulations with respective formulae. Business Rule Engine can be a simple, user-friendly entry form with text and numerical boxes to enter appropriate variables.
4. Flexibility: The LMS allows flexi-plans for your amortization schedules and also displays corresponding effects upon altering payment methods. Thus, it can give a complete report of your weekly, fortnightly, monthly and annual payments.
5. It can also help you in planning early foreclosures or enhance your payment cycles to get rid of your loan quickly.
6. Profile: Users or admin may create unique profile that matches to an individual account in the system housing corresponding loan and mortgage details.
7. Reports: Standard reports in line with the logs maintained for each profile can be generated for analysis or for a specified interval.
Loan Management Software - A Tool to Keep Your Finances Organized