CRICAS - Credit Risk Intelligent Compliance Accountability System
Vcidex NBFC’S Fin Tracking system can be an effective tool for banks and Non-Banking Financial Companies.
- Audit Management System
- CAD -(Credit Administration Department)
- DMS -(Document Management System )
- Legal Management System
- Risk Monitoring System
BENEFITS OF DOCUMENT MANAGEMENT SYSTEM
- It allows you to store a variety of document types (PDF, Word, Excel, images, etc.) in one place, making it easier to manage and access your files.
- Similar to a file manager on your mobile device, you can create multiple folders to organize documents effectively.
- For customers who provide numerous documents, you can create multiple subfolders under each customer’s profile for better organization and categorization.
- By uploading documents to the DMS, you avoid the limitations of local storage on your computer, freeing up space and reducing the risk of data loss.
- We can upload physical (physically verified) and as well as soft copy documents.
- Create folders specific to individual customers. For example, you could create a folder for each customer and store relevant documents inside it, streamlining document management.
BENEFITS OF RISK MANAGEMENT SYSTEM
- Efficient Case Allocation and Approval Process.
- Systematic Monitoring with Real-Time Access.
- Flexible Communication and Coordination.
- Comprehensive Reporting.
- Efficient Zone Transfer Management.
- Streamlined Approval and Advice Workflow.
BENEFITS OF AUDIT MANAGEMENT SYSTEM
- Ensure Compliance with Rules & Regulations.
- Transparency, reduce risks, and make informed decisions.
- Strengthening Control Systems.
- Operational Efficiency and Process Optimization.
- Aligning with Business Goals.
- Improved Governance and Internal Controls.
BENEFITS OF LEGAL MANAGEMENT SYSTEM
- Workflow for Drafting, Reviewing of Loan Agreements and Contracts.
- Separate Portals for Lawyer with Security & Compliance.
- Track and manage Lawyer invoices associated with legal services.
- Automatic Tracking and Issuing Demand notices for overdue Repayments and Monitor.
- Integrating other system APIs to create a unified workflow.
- Real-Time Notifications & Audit Trails.
