Introducing Abacus IBMS for Cooperatives


          Welcome to AbacusIBMS. The AbacusIBMS is designed exclusively for cooperatives. It is ideal for small and medium cooperatives that look for financial insights behind those numbers. AbacusIBMS provides also not only essential financial information, but also valuable knowledge to help cooperatives make better decisions for their future growth and success.

          Likewise, AbacusIBMS is ideal for cooperatives who are switching to an automated software solution from a manual or personal financial system. Therefore you first start-up to automation is vital to your success. 

          Abacus Integrated Banking and Management System can be used on Lending, Financing, Microfinance or Cooperative type of organizations.

          The software is designed based on the most commonly used methodologies here in the Philippines and abroad.

          It has a good user interface and functionalities at a very affordable price.

         Abacus IBMS is composed of the following integrated modules and salient features:

Accounts (Borrowers Information)

• General Information
• Address
• Personal Information
• Identification
• Other Information

Deactivate/Reactivate Accounts

• System can deactivate and/or reactivate used/unused accounts

Loan Application

• Assign personal for loan application can monitor and input loan applications for loan approval.

Loan Approval

• Assign personnel can approved/disapproved loans applications.

Alterations (Loans/Savings)

• If some alterations occurs on both loans and/or savings receipt/withdrawal/loan issuing

Transactions

1. Cash Receipts and Fees - This is the most commonly used function in the whole system - particularly for community based credit unions.  This is a well-designed input screen to allow the user to deal with the variety of events and options that happen at the counter.  It caters for part payment of interest, scheduled loan repayment and if required can record cheque payments by members visavis cash transactions.
2. Share Withdrawals

Voucher / Voucher Explorer

Cash Collection Report

Loan Inquiry

Savings Inquiry

Customized Account Types, Fee Types, Loan Reasons, Mode of Payment

Others More Features....



Pricing Structure and Services
     
Software Package

-     Lending Software version is PHP 25,000.00 (PHP 45,000.00 for SQL Server Express version)

•       Client Registration
•       Loans

-     Microfinance Software version is PHP 40,000.00 (PHP 75,000.00 for SQL Server Express version)

•       Client Registration
•       Savings
•       Loans

-     Accounting module is  PHP 10,000.00 (PHP 20,000.00 for SQL Server Express version)

-     Additional 20% of the Software Package as Annual License Fee for the following:

•       Free software training
•       Free minor software requests
•       Free software updates
•       Free technical support through phone or email or remote access through internet

-     Additional 50% of the Total Software Package for each branch


Consultancy Fees

-     Extra onsite training or support fees after the software is fully implemented are the following:

•       PHP 1,500.00 for Metro Manila clients
•       PHP 4,000.00 for outside Metro Manila clients   

-     Transportation and accommodations shall be provided by client

Other Services

-     Accepts customization of the existing modules to fit to the needs of the organization
-     Accepts system analysis, design and fast development of a new system at a very affordable price

For more information:

• Email Address: p.velante@gmail.com

Screenshots:

last update: April 2021