Beacon^TM Core Features

Supports different models & Custom Definable Products

Works for both individual and group lending models with member modules Supports Loan, Deposits & Insurance products Custom definable products with configurable fees, schedules for Interest & principal. Customizable business logics for Loan sizes, days after first loan etc.

Integrated Accounts

Products automatically assign to a ledger code and no separate accounts entries for operationsSupports Loan, Deposits & Insurance products Flexible GL codes, Assignable ledgers that delivers a consolidated trial balance at HO, region / Branch levels

Data integrity & Security

Very secure with high levels of integrity including daily day end and maker-checker concepts. Member profiles including KYC norms captured. De-duping facility for eliminating duplicate membership based on KYC data

On-line / Off-line flexibility

Designed on core banking principles with centralized data for online process Flexibility of independent branch banking for rural areas with low connectivity. 2-way Data Sync for off line mode