Start managing your bank..
BMS core banking solution offers an unlimited palette of features for banks to design and deploy products for varying market segments. The product bundling capabilities of the solution offer a wide range of possibilities for banks to create products with innovative features.
BMS supports business event automation and process orchestration, thus eliminating manual tasks and reducing process time. The elimination of error and data redundancies also results in increased branch productivity. Straight through processing abilities enhance reduction in turnaround and processing time, increasing output and enabling speedy completion of tasks.
The General Ledger module is the financial centerpiece of BMS. General Ledger module has features such as date-based accounting periods, bank account reconciliation and recurring entries promise time savings. This module allows you to maintain compliance with latest Standards.
The Scheme master module is core part of BMS. Scheme Master Module features creating or editing of new or existing schemes that can be implemented for account holders as per the Bank requirement.
Interest Rate module dynamically adds/update the interest rates of selected accounts or on multiple accounts as per requirements of Bank.
The Bank module captures the general information regarding the Bank and its Branches, as well as gives a view of consolidated and branch wise financial status. Address of the Bank and its Branches can be given in this module for generating reports.
Voucher Approval module is a voucher based approval module. Only user with administrative privileges can access and has rights to approve the vouchers like loan applications, share purchase, account transfer etc.
This module is useful where new loan account is to be created or data on the existing portfolio of loans is required. Loan repayment terms (interest rate and interest base, repayment profile, first amortization date etc.), debt stock and disbursed amounts are entered by the user in the Loan Modules for loans account holder.
BMS Deposit Module delivers added convenience to bank customers for deposit transactions. Deposit module is easy to use, intuitive, reliable and secure to use.
BMS locker module is an innovative module that allow bank to create lockers for account holder. It features allows to dynamically update details like interest rate, period of the existing account holders.
Share Modules for handling the bank shares in BMS. In this module members of bank can sell/purchase shares, even transfers shares between members of bank.
Agent Module enables bank to handle agents, agent commissions, and specialized user interface for agents account to deposits money.
The module captures all the vital employee details that will be used for employee related transactions, with add-on provisions to store photograph and signature of the employee.
Save time and free your staff to focus on more critical business functions by letting BMS-Payroll module manage all of your payroll needs.
The opening, closing or changing of bank accounts is usually done fast, however, keeping track of and administering an increasing number of accounts can be tiresome and time consuming. For this an Accounts module is integrated into BMS.