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Kapil Chit Funds Pvt Ltd (KCF) is a major player in
the non-banking financial services industry in Southern India. KCF
operates through a hundred offices in more than 80 towns and cities and
serves a customer base of 500,000. With revenue of Rs 3 billion it is
one of the largest financial companies in southern India. The company
was maintaining manual records since its inception in 1981. With growth
in business, offices and service centers the company decided to
computerize its operations in order to gain the benefits of up to date
information, efficient monitoring, decision-making and the consequent
reduction in administration costs.
We delivered an integrated solution
consisting of several modules and components mimicking the existing
manual system along with simple and robust administration and security
features.
These features and modules are detailed below:
The general
accounting enables users to record and maintain daily transactions such
as receipts, payments, journal entries etc. It also has facilities for
managing transactions pertaining to receivables and payables. Since the
nature of the business of the client is financial services modules relating to stocks, debtors
and creditors are not included. This module follows the Double Entry
System of book keeping. |
