finPOWER
Personal Loan/Hire Purchase system suitable for 100 to 40,000 contracts. Entry level to Advanced. Includes wide range add-on modules.
Click on an image to view a larger version.
Supported Technologies
Windows XP/2000/NT
Click on a technology to view similar products within this category.
Pricing
Module
1000 to 50000
amtrax@amtrax.co.nz
+64-9-2634500
Reseller Network
Additional Product Information
Intersoft Systems Ltd is a software development company that has been operating since 1981. They have developed a wide range of accounting and specialist vertical market products.
One of those key vertical market products has been a system specifically designed for Finance Companies. Intersoft's Loan Finance system was first developed in 1982 and has since been through a number of transformations. Each transformation has been an improvement on the previous version, with new features and functionality being added.
The newest Windows(tm) based version, the finPOWER Series of software for Finance Companies, has been developed using the latest in technologies and greatly expands on the functionality of previous versions. Intersoft Systems has recognised the need for a comprehensive series of systems in the market that are reliable, easy to use and relevant to the industry.
The finPOWER Series is comprised of a base system and key functional areas that offer a wide number of different Loan and Deposit types. These may be enhanced by a number of optional add-ons that need only be purchased if required. This allows for changing requirements and system growth that can match that of your finance company.
Key functional areas of finPOWER are:
Easy to Use Windows Interface
finPOWER maximises the use of the Windows(tm) Graphical User Interface (GUI) to create a friendly environment that is easy to navigate and learn.
Client File
The Client file includes information regarding contact details, past addresses, notes with action dates, a photo of the client and Loans and Deposits the client is associated with, either as the main lendee / lender, a joint name or as a guarantor.
Microsoft Office Integration
finPOWER is closely integrated to MS OfficeXP, giving access to the functionality of Word, Excel and Access. Formatting features of Word can be fully incorporated, along with high-level VBA tools to enhance your documentation.
Loans
finPOWER can calculate the following Loan types:
Hire Purchase
Deferred First Payment
Interest Free Period
Flat Interest Rate
Interest Only Loans
Residual / Balloon Payments
Three Tier Interest Rate breaks
Uneven Cashflows via the Instalment Schedule.
More information
Depositors
Depositors tracks funds that have been deposited with the company. It handles funds that have been deposited for either a fixed term or "On Call", and at a fixed rate of interest or interest calculated on the daily balance. It can also handle a variety of automatic maturity options.
More information
Credit Control
finPOWER can produce Overdue Letters for early detection and actioning of arrears. Letters ranging from mild reminders through to pre-possession and repossession authorities can be generated. Agreement Forms, New Loan and Thank you letters can also be created. Additionally, Penalty Interest can be calculated on Overdue Loans, including "processing fees".
Payment Schedule
Each Loan has its own Payment Schedule allowing adjustments to be made to the payment stream where a client's financial situation changes. This enables you to record payment arrangements, and from then onwards all overdue balances are based on these adjustments.
Bank Interfaces
finPOWER provides an interface facility to all major NZ Trading Banks. The interface can be used for Direct Credits (i.e. paying out deposit Interest and maturing deposits), Direct Debits and importing Bank Statement information for easy payment processing.
Transaction Wizards
finPOWER uses Transaction Wizards to guide Users through many of the advanced transactions making transaction entry easy and simple.
Technical
Written in Visual Basic with either an SQl or MSAccess database.
Exposed Business (Comms) Layer allows 3rd party developers access to the database to customise the system.