Having trouble integrating different banking software?

Our risk management software runs in almost real time so you know exactly what is happening, as it happens. It automates business processes through validations, checks and workflows. Which makes sure procedures and processes are followed. So that staff cannot by-pass procedures.

Risk monitoring and compliance are monitored through our flexible reporting module. There are built-in reports such as branch-wise loan aging.

Our risk management reporting is run on Force.com. Force.com is the most comprehensive and widely used cloud-based reporting system there is. It allows you to run standard out-of-the-box financial and MIS reports. Or you can build unlimited custom or ad-hoc reports which can all be viewed using customized dashboards.

Some of the key risk management features include:
• Strong De-duplication engine.
• Full KYC (Know Your Customer) Support.
• Complex Work-flow support.
• Automation of Credit Policies.
• Maker / Checker concepts.
• Collateral / Guarantor Management.
• Delinquency Management.
• Risk Management Dashboards, Reports and much more…

Salesforce’s cloud computing infrastructure provides
Unmatched Reliability
• Three mirrored production data centers plus a production-class lab facility.
• Near real time replication.
• between facilities.
• Validated disaster recovery.
Trusted Security.
• World-class security specs
• SAS 70 Type II and SysTrust Certified.
• ISO 27001 Certified.
• Secure point-to-point data replication.
• Secure custody of customer data and backups.

We at MFiFlex realize that every financial enterprise is different when it comes to your software. Be it core business logic, reporting or the look and feel. That is why we chose the Salesforce.com platform. Salesforce.com lets us customize every part to the smallest detail. Plus, we have designed our modules so that they can be easily customized the way you want.

An example of a customization

“We have 14 funding lines and each investor comes back with a different reporting requirement every two months. Each time we have to tweak our MIS.” Quoting a CEO of a large Indian MFI demonstrates a common problem for MFIs.

There are solutions to these problems, but so far they have not been affordable for the microfinance industry. Until now! Adding new fields on forms, adding business rules, creating complex approval workflows, building complex business validations or creating custom reports. It can all be done easily and quickly thanks to MFiFlex and Salesforce.com.

MFiFlex provides
• 24*7 access to the real-time snapshot of your financial status and performance.
• Includes an impressive range of canned and ad-hoc reports and user specific dashboards.
• Takes advantage of the powerful and intuitive Salesforce report building and analysis tools.

Salesforce.com’s brilliant and patented multi-tenant architecture allows our MFI customers to share the same physical instance and version of the application. This reduces the cost for MFiFlex which we are then able to pass onto our customers.

Salesforce.com is a Microfinance friendly company. They are known to grant their licenses for a highly discounted price – it goes as high as an 80% discount. This is great for our MFI customers because we pass on those savings. So it not only reduces your upfront cost, but it also lets MFIs use the latest technology. It becomes cheap MFI software!