Generic Chit Fund Software is a unique solution for small and medium size business. The features perfectly match the business requirements of any Chits Service providers or Chit Fund businesses. Generic chit fund software is also helpful for windows,web,mobile based software application . Windows application called offline software, it is used for single branch only. We take pride in rendering good and protective services to small, medium industries for more than 10 years. Generic Software Solutions Pvt Ltd is constantly evolving and our developers constantly upgrade their skills to provide our customers proper software solutions in tune with the latest trends and technologies available.
Some chit funds may be conducted as a savings scheme for specific purpose. An example is the Deepavali sweets fund, which has a specific end date - about a week before Deepavali. Neighbourhood ladies will get together to pool their savings each week.
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This fund will be used to prepare sweets in bulk just before the Deepavali festival, and the sweets will be distributed to all members.
Preparation of Deepavali sweets may be a time consuming and costly activity for individuals. Such a chit will reduce the cost, and relieve the members from excess work from an already tense festival season.
Now a days, such special purpose chits are conducted by jewellery shops, kitchenware shops, etc. to promote their products.
Chit Fund Management software
Software are support open chit fund (Monthly Auction), Fixed chit fund, Deepavali, Pongal festival based chit funds,
Open Chit Fund
This type chits are working GroupWise like (20,25,30,40,50,60,100) Members, Company conducting the monthly auction each group members asking their own bid amount, At the end who is asking maximum bid, that customer are the winner of that month, he is auctioned person (Prized Customer), the type of methods are following each month till group completion.
Fixed Chit Fund
Fixed chit is Before starting group Monthly payment Chart are given from company, That chart Details have the due amount, dividend amount, total monthly amount, total discount amount of group, based on this chart customer are paying due amount , Customers can get prized amount as per wish any month. depends upon the month will be varying prized amount, That is earlier month prized amount must be less, bid amount is must be high, later on prized amount will be increase, dividend amount must be less, At the end of the month are given full prized amount.
Deepavali, Pongal Festival Chits
This chits methods are like (10,11,12 ) Months, customer are paying due amount monthly basis. That due amount are varying depends upon the groups. At the end of the month company will provide like (Product, Maligai (Grocery) Item, Gold, Vessels ), This Items are given based on the business environment.
Software have three types ( Windows Software, Web Software, Mobile Software)
Windows Software are working local environment , the Software are support within organization (only single branch), Software are working Server and client basis, Server System are support lot of client system based server system configuration.
Web Application Software
Web Application are working Online, Internet is must need for running this software, Software are hosting in server location. you can access anywhere in the world, Software are support multiple branches',
Mobile software are working in Android Operating Systems. Apps are working from server, Apps can do it all the chits related work, like (Master entries, Receipt, Payments, Repots, Printouts ) Mobile Apps are working as a client System, It will be convenient for working any location.
Software Have More Than 150 Reports, That's Reports are showing you like (Outstanding Amount, Customers Paid, Pending, Auction, Prized Amount) Details .
You can send sms like (Receipt Sms, Arrear Sms, Auction Sms, Sms to all)
Terminal (VisionTek, SoftLand, Balaji) Can Support to make bill in customer Location.
Accounts can Manage (Receipt, Payment, contra, Journal entries) , Account Report are like (Day book, Cash book, Bank Book, Ledger, Trial Balance, Profit and loss, Balance sheet, ) details This Details are showing like (Yearly then monthly then Individual Account Basis), this Statement are the Getting Clear Report of any Information from chit company.
Rich User Interfacee
Our expertised fully loaded Chit Fund Application helps you to run a paper less office with high performance and reduces your running cost to a good extent. Generic's Software is a cutting edge Chit Fund Management Software, specially designed for Chit Fund Companies by the experts with more than 10 years of Chit Funds experience. Generic chit software is a fully loaded application which integrates all your Chit Fund Activities.Generic's Software is integrated with Digital Collection Assistant which simplifies the collection process and easily integrates with the main core application.
Features: Easy to Use:
Generic is so simple and easy to understand. It is not at all necessary to be computer literate. A person having Typing Knowledge and some Accounts Knowledge can master this ware within No time. The ware is made more flexible with the provision to use mouse.
With a couple of clicks, complete information about any subscriber including Due Status, Self Chits information, Agent and Guarantors’ details etc. can be obtained in no time. That means the complete details can be given to the customer even while talking on phone.
Just with a couple of clicks, Generic shows Self-Chits of the Guarantor in one window and the list of Subscribers to whom the same Guarantor has signed as Guarantor including financial details in the other window.
Town-wise / Zone-wise Outstanding Analysis:
To improve collections at a faster rate, Generic is provided with a set of exhaustive Outstanding Analysis Reports like Town-wise, Zone-wise, Collection boy-wise, Group-wise, Agent-wise Outstanding Statements. These will be very much useful in improving collections and in increasing efficiency of the collection staff.
Generic helps in generating Intimation Cards automatically. Apart from Intimation Cards, all Subscriber Documents including Receipt, Notice, NPS Removal Letter etc., can be generated, which helps in providing clarity to Subscriber and in turn enhances the image of the Organization.
On-line Financial Accounting:
Generic comes with built-in Financial Accounting module, which provides On-line Financial Accounting Reports and Analysis Reports. With this, generation of Cash & Bank Books, General Ledger, Petty Cash Handling, Trial Balance, Profit & Loss Account, Balance Sheet and so on becomes easier. Within minutes, Bank Reconciliation Statement (BRS) for any selected bank with full details can also be generated.
Generic is provided with intuitive on-line help so that at the press of a key, required help can be obtained which makes the work very user friendly. Zooming: Generic comes with powerful zooming facility in almost all reports. From Outstanding Reports, one can zoom into the receipts list of any subscriber and subsequently into the receipts itself.
In Use by Many Companies:
Generic is being used by all most all leading and reputed Companies in India like Manappuram Chits, Nagashivachits, Senthur chits, Sree Aswakrish Chits, Jmr Chits, Amman Arul Chits and many more chits.
Access to Generic is restricted by passwords. Besides sensitive information can be viewed, printed or charged only by using a special password
Backed By Expertise:
Generic comes to you from, a pioneer in developing and marketing premium quality software. Generic is backed by soft's comprehensive support and hands- on training
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