Mifos Capabilities
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Transcript of Mifos Capabilities
MIFOS CAPABILITIESOVERVIEW OF FUNCTIONALITY WITHIN MIFOS
MIFOS 2.0.1
Keep track of client activity, details, and loan performance.
Status & Key
Details
Account Activity
Account Details
Performance Tracking
Question Groups
Track many of the same details as a client, but at the group level.
Manage and track all currently active loans.
Next Payment
Account Status
Transactional Record
Account History
Search and browsing capabilities
Search Browse
Returns results found among clients, groups and loans.
Client
Loan
Create multiple loan accounts with similar parameters in a center.
Change Loan
Amount
Select Loan
Purpose
Approve multiple loans pending approval across your center.
Select Multiple Loan
Accounts
Automatically finds and displays all loans with “Pending Approval”
state.
Rapidly enter collection sheet data for each center.
Pre-populated with amounts currently due
Fields that are changed (missed payments, absences, etc) are highlighted in red
A snapshot of transaction data that can be exported into your accounting system
GL Code associated with your
transaction
Double – entry log of transaction
How to make Mifos operate like your organization
Fit Mifos to your operations
Model your Office
hierarchy
Configure for your
organization
Define what data to collect
Create Loan Products
Fix errors after loan disbursal
Manage your custom reports
Create your own
Question Groups
Dynamically configure new loan products in your portfolio
Set Organizationa
l Details
Track in Loan Cycle
Counter
Assign Question Groups
Waive interest on early repayment
Flexible parameters to create various loan products
Define loan amounts
Configure variable
installments
Track against cash flows and monitor
repayment capacity
Specify interest rate (4 methodologies)
Rollout new loan products across branches with ease.
Define Fees
Define Payment Schedule Options
Set Grace Period
Select Source of
Funds Map to your GL
Define which loan products can be offered together
Push out your loan schedules on a per branch basis for holidays and/or natural disasters
Select individual branches to apply
to
Create editable loan schedules to configure customized repayment cycles (agricultural loans, etc.)
Change dates of upcoming installments
Change amounts of upcoming installments
Monitor cash flows and limit loan amount based on indebtedness ratio and repayment capacity.
Monitor monthly cash flows
Validate loan against client capacity to repay
Calculate indebtedness ratio
Change field labels and data, indicate required fields, remove extraneous fields, etc.
Customize Labels to your organization
Populate drop downs with your
data
Create your own
custom fields
Remove or make fields mandatory
Managing Information
Question Groups Dynamic data collection tool allows you to capture information at any record or stage of your workflow
Replaces Surveys & Additional Fields (automatic Migration)
Track data at any stage of your workflow
Define sections
Six different question types including smart select
Numerical Values
Multiple Choice
Answers
Single Choice Answers
Free Text
Dates
Smart Select – Dynamically Populated Dropdown with nested
categories
Verify poverty levels of their customers & monitor progress over time. Monitor the performance of organization by poverty level. Develop new products to respond to clients at different levels of poverty.
Support for versioning
PPI Scorecards for 33 countries
Embed at any stage of your workflow
Full Support for PPI
System AdministrationFlexible tools to help you smoothly run and manage Mifos
Batch Jobs Management
Manually select & run individual batch jobs from
the UI
Activate or suspend scheduled batch jobs
Manage Shutdown of MifosAllows for easy management and notification across all of your branches when bringing system down for maintenance
Monitor which users are logged in across all your
branches
Schedule shutdown and notify users so they can log off
AAA Protocol
Who are you?
Granular control over roles and assigned tasks
Role
Permission
Define Roles & allocate permissions
User is limited to only viewing data within the Branch
Office #1As a Loan Officer, the user can only
view his or her clients
What have you been doing?
Data In and Data OutMifos integrates nicely with other systems and platforms to ensure efficiency, accuracy, and the integrity of data going in and out of Mifos
M-PESA Integration
Clear error messages and exportable error
logs
Currently supports import of loan repayments and
savings deposits via .xls
Precise validation to ensure accuracy and validity of
imports
Tally Accounting Integration (India)Mifos integrates well with Tally, the leading accounting package in India
Generate export of accounting data to import into Tally from Mifos UI
View history of past imports
Tally Accounting Integration (India)Easily generate your Tally XML import file from Mifos.
View your data for accuracy before you export
it
Shows whether or not export has already been generated
Generate export file
Manual Accounting IntegrationFor other accounting systems you can manually generate a .csv export or input values from our summarized general ledger report.
PDF Report shows daily summary of accounting data from each general
ledger account
Business Intelligence
Business Intelligence Overview
Reporting Server - reports in HTML, PDF, CSV, XML
Data Integration - allows us to take in data from other applications (Tally, etc.)
Dashboards - see business health using charts and graphs, drill down into reports
Ad Hoc Queries - allows building queries on the fly when you don't need a full report
OLAP - full analytics that allows you to quickly see multiple views on your data, for instance PPI score by Loan Product, PAR by Loan Officer, etc.
Mifos Business Intelligence Suite
PentahoEnterprise-level business intelligence platform built into Mifos with data warehouse capabilities
Catalog of available reports
Flexible parameters and ranges for each report
Ability to export to PDF, HMTL, or Excel
Wide Collection of Standard Reports
Management MFI Progress Report Branch Progress Report Detailed Loans in Arrears Loan Officer Performance
Detailed Summary
Funds Movement Report PPI Data Export
Operational: General Ledger Report Branch Cash Flow Confirmation Branch Expected Cash Flow Loan Classification by Product Collection Sheet
India East Africa
Transactions Detailed Summary
Due vs. Collected By Branch By Loan Officer By Center
Loans to be Disbursed Loans Pending Approval Outstanding Balances Client Exit
Sample Standard ReportLoan officer performance summary report
Sample Standard Report (2)PPI Data Dump (.csv)
Leverage Pentaho and Mifos’ detailed database to meet your own reporting needs.
Any data Mifos collects Clients, Groups or Loan details Question Groups & PPI Custom Fields Payments and Transactions What users have or have not done
Limit by Roles Branches Users Dates
Advanced Reporting CapabilitiesDashboards, ad hoc reporting, longitudinal analysis is now under development.