LMS

About the product: 

     LMS is an add-on package to Cash Management System of Pentasoft. CMS provides a unique business solution to the Commercial Banks for managing the Collection and Payment Process. It is designed to enable the banks to provide a new service to its clients - mainly corporate entities - to access funds in pipeline and to provide instant information to the customer thereby increasing the velocity of fund transfer. LMS enhances the transactional capabilities and service levels of the Bank for their customers by enabling the customers to gain a better yield on their funds. LMS provides a solution to corporate enterprises to deploy idle funds in income earning financial assets or for cost reduction in overdraft accounts. LMS enables banks to offer pooling of funds of corporate entities in one account facilitating better funds management and control.

Need for the product:

      In the world of business, banks play a vital role. Banks provide the necessary infrastructure, funds for the corporates to achieve their business objectives and manage their funds. Funds management in corporate entities is normally a centralized function and it will be advantageous for corporates if the banks could offer a service for instant pooling, in a single designated account, of surplus funds in various accounts in different locations.

Environment:

             Client / Server Architecture
             Pentium II Processor
             Windows NT
             Oracle 7.3 or above