Loan Management system enables to manage the complete lending cycle from origination through maturity. It gives you a complete and accurate view of your portfolio. Supports in changing repayment frequency of principal and interest.
Loan Billing program sends invoices directly to AR module
Separate invoices for principal and interest
Amortization schedules created automatically based upon entered loan data
Extended Repayment Schedule (ERS) can be used to convert AR invoices to a loan
In order for an entity to obtain this service, it must have Receivables.