Asl Credit goes live with Mfi Expert and core banking platform to reduce paperwork

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ASL Credit Ltd
imsguru - July 12, 2022 - 0 Comments

ASL Credit is a microfinance institution that helps in managing assets and offering financial advice. They deal in Commercial Vehicle financing, Construction machinery financing, Personal car financing, Asset financing and Refinancing.

ASL Credit has partnered with MFI Expert which is the leading ERP system in kenya to experience a world class service that improves their business agility and operational effectiveness .

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High Quality Accounting Solutions

MFI Expert enables companies to setup and manage Savings and Loan accounts for customers, process Loans, Repayments, Deposits, Transfers, Refunds, Forfeitures, Write-offs and Adjustments. The system has an inbuilt industry-standard accounting tool that automates your data processing making work easier. The system is highly customizable to generate all the fields of operation.

Integrated with M-Pesa Collections and provides a mobile app for field staff that supports online & offline registration to Onboard customers, groups & new loans with ease.

Make Your Reporting fast and simple

MFI Expert automates your data into a General ledger consisting of; Profit & Loss, Accounting ledger, bank reconciliation, Trial balance and Balance Sheet for easier internal and external auditing to improve business agility and increase operational effectiveness.

The system can report in various entries such as regions, branches, savings accounts, customers, transactions, products or loan officers giving better risk insights and reporting capabilities which enables the institution to make informed decisions or interventions necessary.

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