25

Virmati Banking Solutions Booklet

Embed Size (px)

Citation preview

» Pay Roll

» Inward Outward

» Knowledge Bank

» Investment Portfolio

TM

TM

TM

TM

» Membership : Winshare

» Reconciliation

» Stationery

» Human Resource Management

HRMS.NET

TM

TM

TM

statstat

stationarystationary

TM

HEAD OFFICE SUITE (BANK)

SEI - CMM LEVEL 3 Certified & ISO 9001:2000

T h i s m a i n t a i n s database of members in various categories i n c l u d i n g t h e i r shareholding. It handles the transactions of issue, transfer and buyback of shares.

Functionality:

Membership

Alphabetic Member Register

Share Register in various Sorting Orders

Ledger Print

Form I, Form J (Maharashtra specific)

Transfer Register

Mailing Slips/ Voting lists

Control Summary

Dividend Register

Constitution wise Reports

Fall Back Reports

Dividend Supplementary

Dividend Paid / Unpaid List

It enables inter-branch and inter-bank or such other reconciliation at HO.

Functionality:

All types of reconciliation covered

Inter Branch

Inter Bank

Drafts Reconciliation

Responding On-line matching at the time of Responding Transaction Entry

Data Availability Status Display

Reconciliation Process Report at the end of the process

Reconciliation By Parameters Set Up on matching Keys

Reports (partial list)

Reconciliation

The system can be maintained by Member Number or by Ledger/Folio Number

User Defined Member Types e.g. Ordinary, Nominal, Associate…

Signatures & Photographs Capture & View

User Defined Share Types with Multiple Face Value

Covers all three Share Transaction Types (1) Issue, (2) Transfer, (3) Buy Back

Paramterized methods of dividend calculations

PRT based Share Certificates & Dividend Warrants printing - bilingual (optional)

Accounting of dividend payments & outstanding

Member's outstanding & overdue view

Nomination features

Supports direct credit of dividend through ASCII migration

Comprehensive Query Options Reports (partial list)

TM

Splitting of entry

Listing of closely matched entries

Follow-up letter/advices

Reports (partial list)

ReconciliationFunctionality:

Daily Reports: Date wise - for Credit/Debit/All transactions

Reconciliation Report: Matched Records, Carried Forward Debit and/or Credit Entries, Summary of all Transactions

Transaction Type wise Report for Cash, DD, Clearing etc.

Reconciled/Un-reconciled Entries Report for the date range specified

Bank/Branch wise Un-reconciled Entries Report for follow-up

Aging Analysis in Day wise/Amount wise slabs, especially helpful for old entries

Forced Matching Upon Corrections

Relaxed Matching Reports for a few keys not matching

Stationery

There are WAN clients (for authorized users) who can access it from anywhere on bank's network. Since this is a web-enabled system, even users in branches not connected to the Network can be allowed to access it through Internet/communication lines.

The software maintains inventory of both Numbered and Non-numbered Stationery.

Stationery items can be categorized in three levels giving a TREE Structure

Stationery Issuance to Branches & Loss or Damage of Items can be duly recorded

Actual Item Inward Transactions Entry

Exhaustive Reports Available

Functionality:

TM

statstat

stationarystationary

TM

Human Resource Management

Appointment Related Reports

Qualification wise, Category wise,

Zone wise…

Disc ip l inary Act ion Reports

P u n i s h m e n t P r o c e e d i n g s ,

Civil/Criminal Suit File, Suspension/

Reinstate…

Promot ion Re lated Reports

Seniority List, Eligibility-Roaster-

Direct, Acceptance/Rejection of

Promotion, Overseas/Contractual

Deputation…

Salary Section Reports Scale wise,

PF-Pension, Terminal Benefits

Reports…

Work History Reports Annual

Performance Appraisal, Specialized

Courses, Extra Curricular Activities,

Overseas Projects…

Other Reports Perquisites, LTC,

Medical Aid, Nomination, Health,

Union Association Membership

Details…

This system maintains database of emp loyees ( other than sa l a ry preparation). It covers their personal details, pre recruitment details as well as all important landmark details during their tenure. At macro level, the system helps in decision making about transfers, promotions, increments, training & so on…

Complete Personnel Information including:

Details & Reports for Industrial Relationship Department

Processes for Recruitment & Promotion Department

Processes for Annual Performance and Appraisals

Processes for Transfers & Promotion Division

Processes for Staff Administration Division:

Personnel Data of Family

Dependents' Data

Educational Details

Experience Details

Tests/Exams Passed or Competencies

Training Undergone

Transfers, Deputations

Promotion

Retirement, Union Membership etc.

Disciplinary Actions

L.T.C.

Medical Leaves

Other Leaves

Leave Encasement etc…

Processes for Training / HRD

Maintenance of Library (Circulars, Forms, Case Laws)

Provident Fund Processes

Details & Procedures for terminal benefits department (Pension, PF & Gratuity…)

Reports (partial list)

HRMS.NET

TM

Fully parameterized Salary Calculation Process

All Allowances

Arrears, Bonus and Proposed Income Tax Calculation

All Deductions

Records of Leaves and their financial effects parameterized - designation wise.

Supports Salary Updation through ASCII Files

Register & Other Print Outs (partial list)

Pay Roll

Functionality:

Pay Slip

Salary Register, Loan Register

Income Tax, Prof. Tax Register

Net Salary With Account

Income Tax Forms - Form 12BA, Form 16, Form 24

Provided Fund Register Salary

LTC Register, LIC Register

Increment Check List

Yearly Salary Report

This software works out salary and other related calculations and maintains all records thereof and generates reports thereof.

Inward-Outward

This software package is created to help banks/branches maintain records of their Correspondence Details. This package is helpful in searching for such records.

All the letters, circulars, agreements, memos, notices etc can be indexed

Quick and easy parameterized search for entered records

Provision of Pop Up pick lists

Different reports available

Functionality:

TM

TM

Knowledge bankIn this system, you can create a Ready-Reference Library of all Circulars & Forms under user-defined Directory in Tree form. This saves the precious time of the bankers and allows them to:

Prevent Loss of Business Opportunity

Prevent Lapse of Compliance

Prevent any Inconvenience to the Customers

Preserve Forms and Circulars by saving them Digitally.

There are WAN clients (for authorized

users) who can access it from anywhere

on bank's network. Since this is a web-

enabled system, even users in branches

not connected to the Network can be

a l l owed to access i t through

Internet/communication lines.

Functionality:

Storage of Internal (Departmental) or External (Government, Nabard etc.) Circulars

All circulars/forms arranged in a Multi-branch Tree of Subject Directory.

Forms in .jpg or .bmp format under appropriate categories

Locate the required circular by Subject/Publication Date/Publishing Authority

Functionality:

Locate the required form by Form Numbers, Form Type

Select and v iew the required circular/form.

Download or Print the Circular or Forms, whenever required.

Sharing of entire pool of Circulars and Forms amongst all of bank's branches / employees.

No Unauthorized Access: Users and User Rights Validations

Investment Portfolio

This module covers the following types of investments by the banks:

Call Money

Primary Market Investments

Government Securities, PSU Bonds & Treasury Bills

Deposits in Other Banks

Add-on for Distributed Networking Solution

TM

Source wise, Period wise, Rate wise analysis of Investments, Income and Profit/Loss

Tracking of interest, Bonus, Rights and Buy-back

Purchase ex-interest or cum-interest

Tracking Interest on Security/Bank Deposit Transactions (incl. TDS details)

Bank Deposits with Premature Withdrawal duly accounted

Reports (partial list)

Investment PortfolioFunctionality:

Month wise, Date wise, Bank wise Reports of call money transactions

Govt. Security wise, PSU Bond wise, Share Script wise Purchase and Sales

Govt. Sec. Accrued / Proposed Interest Income

Purchase v/s Sales Reports

Average Pricing, Profit & Loss Analysis

Proposed yield, actual yield and comparison between the two.

Bank Deposit Reports - Premature Withdrawals, Bankwise, Periodwise

Deposits, Bank Deposit Interest Details, Accrued Interest on Bank Deposits…

G-Sec / PSU Bonds Security wise Annualized Income

Net Position Reports for all types of Investments

Company Profile

History

We are leading Software Consultancy Organization having 25 years of experience in the implementation of Software Solutions projects in Banking, Healthcare & e-Governance domains.

Clients

We command respect of leading banking institutions from all sectors of banking in India. We have worked for 12 out of 26 public sector banks in India. Our clients range from large government & private sector. Many of our clients are industry-recognized names.