Loan Management System (LMS)
The LMS that Seamlessly Manages Services Analyzes Your Point-of-Sale Loans
The lightweight, flexible, modular LMS Add-On that manages and services your point-of-sale financial products in the most streamlined, cost-effective way.
Can be supplementary or standalone
Lightweight to implement
Modular & flexible
Sub-ledger feeds into lender's General Ledger
End-to-end loan lifecycle management
Seamless embedding
Who Uses Our LMS Add-On?
Banks and lenders that want to manage and service their point-of-sale loans without a heavy integration
Merchant financial services arms that need a lightweight LMS to manage & service their POS financial products
Why Banks Use Our LMS Add-On
Not every Loan Management System is equipped to seamlessly manage and service the unique nature of a point-of-sale financial product.
While banks can choose to leverage their existing LMS, they could also integrate with ours.
– You don’t need a full core banking system, just a light-touch LMS without a heavy integration.
– You want to offer a financial product that’s not supported by your existing LMS and would require heavy dev work to implement.
Jifiti’s LMS Add-On is a sub-ledger that feeds into the lender’s General Ledger. It encompasses every component required for loan management of B2C and B2B financial products provided at the point of sale, including loan servicing, debt management and reporting.
Why Merchants Use Our LMS Add-On
Are you a merchant financial services arm that lacks loan management capabilities for your point-of-sale financial products?
When you don’t require a full-blown LMS, our lightweight LMS Add-On is all you need to manage, service and provide reporting on your POS loans.
What are the LMS Add-On Main Components?
LMS components may vary depending on the scope required by the lender
Loan Servicing
Account & Loan Management
Payment Management
Customer Communication & Support
User Activities
Debt Management
Delinquency Management
Collections Workflow
Payment Arrangements
Collections Reporting
Reporting
Customizable Reports
Regulatory Reporting
Audit Trail
Fully Configurable for Your Needs
Loan Products
Choose from available loan products and repayment methods.
Accounting Policies & Schedules
Implement a variety of interest calculations and payment schedules, including merchant subsidies, where available.
Communication & Reports
Designate required regulatory reports and craft communications to fit brand and tone.
