MFIs, large or small, need a strong back -office MIS without which any advanced front end application or delivery channel will not be able to create a significant impact.
Acting as a transaction backbone, Beacon provides timely and accurate transaction data that enable our clients in portfolio management, new product development, etc.
- Beacon is a comprehensive, integrated yet modular business solution that effectively addresses the strategic and day-to-day challenges faced by Microfinance Institutions.
- Highly configurable providing that much-needed flexibility to innovate and adapt to a dynamic environment
- Specifically adapted to microfinance banks, savings & credit unions, village banks, local and community banks, NGOs and microcredit projects
- Improves Operational efficiencies through rigorous workflow solutions
- Effective fund management practices enabling complete traceability of funds
- Proactive portfolio management – alerts and SMS enabled tracking mechanisms to highlight the portfolio at risk thereby minimizing delinquency risks.
- Flexible Engagement models for NBFC
- Intelligent member de-duping facility enabled through central processing
- Multi-lingual capabilities – available in English, Tamil, Hindi
- Graphical Reporting Solution with dashboards having drill downs and roll ups
- Quicker processing of collections using semi auto clearance mechanism
- 1.3+ Million Customers
- 3000+ user base
- 300+ installations pan India
- 10+ Billion Rupees Portfolio
- Product matured over 7 years
- Clients include Top 10 NBFC’s
Beacon Lite aptly fits Startup and Emerging MFIs. It comes with product & process maturity built over a period of 7 years. Beacon Lite can be implemented as a Centralized and De-Centralized model
Beacon Premium is a web based version built for Medium and Large MFIs with advanced technological implementations improving Operational efficiencies through rigorous workflow solutions with centralized database management.