INTRODUCTION

Thank you for using FINSERV. This is the page for documentation, support and user manual that will help you to get started and understand all the functionalities of FINSERV.

FinServ is a financial services management software with applications and functionatlities that covers banking operation, loan management, investment management and more.

Functionalities and modules to be discussed in this documentation include customer management, products management, account management, deposit and withdrawal transaction, transaction approval, account balance statament, bulk transaction posting, transaction summary, transaction nolification and alert (sms/email), charges and rates.

Other applications and modules of FinServ include credit and loan management, daily contribution management, digital banking for customers, financial accounting and reports. FinServ features also includes performance management, risk management, revenue management, customer relationship management, reporting and data analysis and much more.

If you already have a FINSERV account click here to login. If you are new to FINSERV click here to request a quotation or demonstration or request for account setup.


SUBSCRIPTION

Subscription module is where you can manage you subscription plan detail, update your subscription account, renew subscription, buy sms credit, make payment and others. The subscription contain the following modules.


Subscription page - The subscription is the page that show your account details and you can also update your details at the same time. On this page you will be able to see the following.
  • Account ID - This is the unique ID given to your business for identification
  • Account Name - This is the name of the business owner
  • Email - The company's active email address
  • Current plan - Your current subsctiption plan
  • Account Status - Your account status
  • Start Date - The starting date of your current subscription
  • Expiry Date - The expiry Date of your current subscription
  • Subscription - The type of subscription
  • You can also add or update the following for use on receipts and emails

  • Business name - The name of your business
  • Contact Address - Company active address
  • Contact Phone No - Company telephone number
  • Contact Email - Company email address
  • Website - Company website
  • Company logo - The company logo for SMS and Email
  • Account Password -For SMS and Email
  • Email SMTP -For SMS and Email
Billings - The billing page is the page to see all invoices created for your subscription. Here, you will also see the invoice status, amount paid, etc
  • View Invoice - View invoice button will help to see the details of the invoice
  • Make Payment - The make payment button will take you to our online payment page API provide from Paystack. It is a secured platform for sending payment to us online.
  • Pay to Bank - There is also an option to send payment directly to our bank account using bank transfer or bank deposit using any option convenient for you. The detail is available on the invoice.
Activate/Renew subscription - The renew subscription page is where you can activate/renew your subscription. All you need to do is choose the plan you want to use and the duration in years. Calculate your pricing and submit to generate the invoice. You can then proceed to payment using any of the option available on the invoice.
Buy SMS Credit - This option is available if you need to purchase sms credits. Follow the process by choosing the number of sms credits you need. Once your sms account is activated you will be able to send sms notifications to your customers.

SETTINGS

User setup

The user setup is where you can create user accounts and manage user accounts. To create a user account the following fields are required.

  • Full Name - The full name of the user
  • Email - The email address of the user
  • Mobile No - The telephone number of the user
  • Password - The default password to be set for the user
  • User Category - The category of access level to be given to the user
  • Branch - The operating branch of the user

Available user categories and their access levels of the system.

  • Account Officer -
  • Account Manager
  • Customer Service -
  • Teller -
  • Credit Officer -
  • Operating Manager -
  • Branch Manager -
  • Control
  • Marketing Officer

Branch Setup

This is the page to setup your operating branches. You can add as many branch as possible according to your subscription plan.

Territory Setup

This is the page to setup your operating territories. You can breakdown your coverage areas to territories to help your marketing and outfield officers. You can add as many territories as possible according to your subscription plan.

Bank Setup

This is the page to setup your operating commercial bank details. This will help to manage transaction across all banks for reconcillation. You can add as many banks as possible according to your subscription plan.

Saving Product Setup

This is the page to setup your saving account products. The following information is required to setup your retail products

  • Product Name
  • Saving Interest Rate Per Annum
  • Interest Frequency
  • COT - Cost on transaction or transaction charges
  • Minimum balance - You specify the minimum balance allowed for the account
  • Allow overdraft check box - To be check if product will allow overdraft

Loan Product Setup

This is the page to setup your loan products. The following information is required to setup your retail loan products

  • Product Name
  • Interest Rate - Per Annum
  • Minimum amount allowed
  • Maximum amoung allowed
  • Management fee
  • Processing fee

Investment Product Setup

This is the page to setup your investment products. The following information is required to setup your investment products

  • Product Name
  • Description
  • Interest rate per annum
  • Minimum deposit allowed
  • Maximum deposit allowed
  • Management fee
  • Processing fee

DASHBOARD

The dashboard on Finserv is the page you are redirected to once you successfully login. The page gives you summary of useful metrics to track key performance indicators. These are figures that speaks volume about the critical operation of your business.

Useful Metrics

At the top of the dashboard page, there are some key useful numbers that show the state of your business as a whole. The following key numbers are shown on the dashboard.

  • Branches - Shows the number of branches in operation
  • Territories - The number of territories covered by your business
  • Users - The number of officers actively registered on the system
  • Customers - The number of active customers
  • Accounts - The number of active accounts
  • Transactions - The number of all transactions, approved transactions, declined transactions and pending transactions
  • Loans - The number of loans/active loans
  • Daily Contribution - The number of active daily contributions
  • Investment - The number of investment products
  • Savings - The number of savings accounts
  • Customer Savings - The total amount in customers savings accounts
  • Credits and Loans - The amount of loans disbursed, repayments, and outstanding payments
  • Portfolios - The total amount in investment accounts

Graphical Data

There are pie charts and bar charts on the dashboard to represent some key performance metrics of your operation.

  • Transactions - Shows chat ro represent approved transactions and pending transactions
  • Loans - Show loan status chart in terms of completed, active loans and default loans
  • Consumer Products - Show performance chart by products in terms of number of customers

Daily Transactions By Product

This analysis show deposit and withdrwal transaction by product on daily basis

Monthly Savings

This is section of the dashboard shows saving transaction for the past three months. Its a cash flow trend that help to know the liquidity of the business.

Monthly Loan Dibursed and Repayments

The help to track the monthly loan disbursed and repayment recovered. Help to know the company assets and the rate of repayments


BRANCH DASHBOARD

The branch dashboard gives you summary of useful metrics to track key performance indicators for each branch.

Usefull Metrics

At the top of the dashboard page, there are some key useful numbers that show the state of your branches. The following key numbers are shown on the dashboard.

  • Territories - The number of territories covered by your business
  • Users - The number of officers actively registered on the system
  • Customers - The number of active customers
  • Accounts - The number of active accounts
  • Transactions - The number of all transactions, approved transactions, declined transactions and pending transactions
  • Loans - The number of loans/active loans
  • Daily Contribution - The number of active daily contributions
  • Investment - The number of investment products
  • Savings - The number of savings accounts

Graphical Data

There are pie charts and bar charts on the dashboard to represent some key performance metrics of your operation.

  • Transactions - Shows chat ro represent approved transactions and pending transactions
  • Loans - Show loan status chart in terms of completed, active loans and default loans
  • Consumer Products - Show performance chart by products in terms of number of customers

Daily Transactions By Product

This analysis show deposit and withdrwal transaction by product on daily basis

Monthly Savings

This is section of the dashboard shows saving transaction for the past three months. Its a cash flow trend that help to know the liquidity of the business.

Monthly Loan Dibursed and Repayments

The help to track the monthly loan disbursed and repayment recovered. Help to know the company assets and the rate of repayments


CUSTOMERS

The customer module is the part of the system that you can manage customers details, mandates, documents, customers savings accounts, loan accounts, investment accounts, account deposit, account withdrawal, account statement and much more.

Customer Registration

New new customer registration form allows you to enroll new customer and create a new account for the customer. The following information are compulsory data collected at point of customer registration

  • Branch - The branch location of the customer
  • Territory - The territory location of the customer
  • Account Officer - The officer managing the customer
  • Customer Type - The category of the customer
  • Title - That is the customer salutation
  • Customer ID - The customer ID the id unique identifier for the customer automatically generated by the system
  • First Name - The customer firstname
  • Last Name - The customer surname
  • Other Name - The customer other names
  • Alias - Customer's alias
  • Sex - Customer's sex
  • Mobile - Verified telephone number of the customer
  • Email - Valid email address of the customer
  • Date of Birth - Customer birth date
  • Mean of ID - Customer means of identification
  • ID Number - The identification number
  • State - State of the custer address
  • Country - Country of address of the customer
  • Contact Address - The contact address of the customer

New Account Creation at point of customer registration

  • Account Type - The saving account type (that is the saving product)
  • Account Name - The name of the account (same as the customer fullname)
  • Opening Date - The date the account was opened

Customer Manager

The customer manager page is where all the activitties and tasks on customer are carried out. The customer management module will allow you to do the following tasks

  • Edit Customer Detail - Editing and updating customer detail
  • Disable Customer - To disable customer acccount
  • Add Daily Contribution Account - To add daily contribution account to the customer
  • Add Savings Account - To add savings account product to the customer
  • Add Loan Account - To loan account to the customer
  • Add Investment Account - To add investment account to the customer
  • Customer Mandate - The madate page include uploading customer signature and passport photograph
  • Customer Document - This allowing uploading of customer document to the system
  • Approve Customer - This you will be able to approve new customer after verification processes
  • Account Deposit - To post deposit transaction to customer account
  • Account Withdrawal - To post withdrawal transaction to customer account
  • Statement of Account - To generate statement of account
  • Charge Account - To charge account for fees and other sundary charges

ACCOUNTS

The accounts module is the part of the system that you can view and manage all customers savings accounts. This is also where you can create new savings products and perform bulk account deposits. You can search for customers using their account no or filter them by account officer, product, and account status.

All customer accounts are listed here and you can either enable disable or print the account statement

Savings Products

This is the page where you create, edit and delete savings products. To create a new savings product, you'll need the following details:

  • Product Name - The name of the savings product
  • Interest rate - The interest rate on the customers savings
  • Interest frequency - The frequency of interest payment
  • COT - Cost on Transaction
  • Minimum balance - Minimum amount that can be saved

Bulk Account Deposit

This is the page where you can deposit into multiple savings accounts at once. You can filter the accounts by the type of savings product and the account officer. You can fill in the:

  • Deposit amount for each account
  • Transaction mode
  • Bank, if bank deposit was made

Once all the details are filled, you can post the deposits.


DAILY CONTRIBUTIONS

This module is the part of the system that you can view and manage all customers daily contribution accounts. This is also where you can post daily contribution for all accounts and manage all customers daily contribution. You can search for customers using their account no or filter them by account officer.

Post Daily Contribution/ Bulk Contribution Deposit

This is the page where you can deposit into multiple daily contribution accounts at once. You can filter the accounts by the type of product and the account officer. You can fill in the:

  • Deposit amount for each account
  • Transaction mode
  • Bank, if bank deposit was made

Daily Contribution Overview

This is the page where you manage a customers daily contribution account. Here, you can view the summary of customers daily contribution, you can renew the daily contribution account and you can view all daily contribution transactions performed on that account.


LOANS

The loan module is the part of the system that you can view and manage all customers loan accounts. This is also where you can create new loan products, check due loan repayments, post loan repayments and post defaulted loan repayments. You can search for customers using their account no or filter them by account officer, disburse date, and account status. Here, you can also print the statement for each loan account.

Loan Products

This is the page where you create, edit and delete loan products. To create a new loan product, you'll need the following details:

  • Product Name - The name of the loan product
  • Interest rate - The interest rate on the loan
  • Minimum amount - Minimum amount that can be borrowed
  • Maximum amount - Maximum amount that can be borrowed
  • Maintenance/Management Fee
  • Processing fee

Due Loan Repayments

This is the page where you view all loan repayments. You can filter the report by due date and account officer You can also export the report.

Post Loan Repayments

This is the page where you can post multiple loan repayments at once. You can filter by due date and the account officer. You can fill in the:

  • Deposit amount for each loan account
  • Payment mode
  • Bank, if bank deposit was made

Post Defaulted Loans

This is the page where you can post loan repayments for loans that are past the due date. You enter the deposited amount and confirm the payment.

Loan View

This is the page where you are directed to when you want to manage a customer's loan. Here, you can view the loan details, manage or delete the customer's loan records.

Loan Detail

This is where you can see all the details of the loan such as the loan product, loan amount. loan start date and more.

Loan Summary

This shows the summary of all the loans collected by the customer, including the total amount, total repayments and the outstanding amount.

Repayment Schedule

This shows the schedule for the repayment of the loan. From here, you can also post loan repayments by entering the amount paid and confirming it.

Restructure Loan

This is where you can change the structure of the loan repayment. You can update details such as the repayment start date, the fees to be payed, etc.

Guarantor's Detail

Here, you can add or update the details of the customers guarantors. To complete this, you'll need the guarantor's:

  • Full Name
  • Home Address
  • Phone No.
  • Email Address
  • Relationship with the customer
  • Occupation
  • Position
  • Place of work address
  • Work Telephone
  • Years of relationship with customer

INVESTMENTS

The investments module is the part of the system that you can view and manage all customers investment portfolios. This is also where you can manage a customer's portfolio and view the agreement on an investment portfolio. You can filter the portfolios by the investment product, status, and by name.

Portfolio Management

This is the page where you manage a customer's portfolio. It has the following sections:

Investment Overview

This page contains details about the investment, such as the investment product, the amount invested, etc

Finalizing Investment

This is where you can finalize an investment, i.e, close an investment portfolio and return the investment capital along with accrued interest. You input the closing date of the account and the fees and calculate the interest, then finalize the account in this section.


TRANSACTIONS

The transactions module is the part of the system that you can view all transactions performed with the application. You can filter the transactions by date, transaction type, teller, branch, account officer, status, and by account no.

Bulk Account Deposit

Manage Transactions

This is the page where you can manage all submitted and pending transactions. Here, you accept or decline all transactions submitted by tellers and account officers. You can filter all transactions by date, transaction type, status, teller, and account no.


TELLER TRANSACTIONS

This module is the part of the system that you can view all transactions performed by each teller/account officer with the application. You can filter the transactions by account officer and export the report.


EXPENSES

The espenses module is the part of the system that you can create and view all expenses accrued by your company. You can filter the expenses by date.

Create Expense

This is the page where you post new expense transactions. The details needed to be filled are:

  • Branch - The branch that incurred the expense
  • Transaction date - The date of the transaction
  • Voucher No
  • Expenses Category - The category of the expense
  • Description - The description of the expense
  • Amount - The amount incurred

REPORTS

The report moduce is the page to manage and view account transactions and reports, view sales orders and invoice and add payment recieved

Transaction Reports

This page is where you view the report for all transactions within a specified range or period of time. Filter the transactions by type, branch, charges or account officer. You can also export the report

Bank Transactions

This is the page to view the report of all bank transactions within a certain period of time, as well as export the report.

Loan Repayment Report

This is the page to search for and view the report for all loan repayments - total due, collected and missed - within a certain period of time, as well as, export the report. You can filter the search by due date or by account officer.

Daily Contribution Report

This is the page to see all daily contribution transactions. Filter the report by account officer or by branch or export the report.

Daily Account Summary

This page shows the summary and statistics of the company's operation on the application for the day.

Customers

This is the page to view all customers. Filter the customers by account officer, branch, territory, status or account type.

Accounts

This is the page to view all customers savings accounts. Filter the customers by the savings product and account officer.

Loan Report

This is the page to search and view all loans and a summary of all loans - total loan, repayments and outstanding - within a certain period of time, as well as, export the report. You can filter the search by disbursed date, account officer, branch, status, as well as view defaulted loans.

Loan Target Report

This is the page to view the loan target report for all loans within a certain period.

Savings Target Report

This is the page to view the savings target report for all accounts within a certain period.

Transaction Report by Product

This page shows the summary of all the transactions performed on each product, i.e, savings, loan, investment products etc

Audit Log

This is the page to see all users activities performed on the system. The report can be filtered by date and by user.

Chart of Account

This is the page where you can create new accounts for accounting and record keeping purposes

Journal Voucher

Use journal voucher to move value from one GL account to another. Enter voucher no, select the ledger account to credit, account to debit, enter the value to process the transaction

Balance Sheet

This page is used to view the balance sheet up to a certain date

Income Statement

This page is where you view the income statement report for a certain period.

Loan Income Report

This page is where you view the loan income report for a certain period. Filter the search by date, account officer, or branch.


END OF DAY, MONTH, AND YEAR PROCESSES

This module is where you run account reconcillation for the day, month and year


HUMAN RESOURCES

This module is the part of the system that you can manage all your employees and business locations. This page contains the following modules:

Job Locations

This page is where you add or delete locations where your company operates.

Employment Type

This page is where you add or delete the types of employment your company offers. You can create new types or select from the provided options.

Department

This page is where you add or delete the departments your company has. You can create new departments or select from the provided options.

Job Designation

This page is where you add or delete the designations of your company's employees. To do this,

  • First, you select the category of the employee's designation.
  • Then, you can either create new designations or select from the provided options for each category.

Job Level

This page is where you add or delete the job levels of your company's employees. You can either specify new job levels or select from the provided options.

Job Description

This page is where you add job descriptions to the different job designations you created.

  • Select the job designation from the ones created earlier.
  • Then, you enter the job description for each desifnation.

Leave Type

This is the page to add all leave types applicable to employee.

  • Create new leave types or select from the provided options
  • Then, input the number of days applicable to each leave type
  • Specify the employees each leave type is applicable to.

Public Holiday

This is the page to add or delete public holidays which the company observes.

  • Enter the date and the name of the holiday.
  • Input the number of days applicable to the public holiday
  • Specify the employees it is applicable to.

Create Employee

This is the page where you can create new employees by filling in their details:

  • First name
  • Last name
  • Other name
  • Marital status
  • Gender
  • Date of birth
  • Email address
  • Phone Number
  • Current Contact Address
  • Permanent Home Address
  • Date of joining - The date of employment
  • Job location - The employee's branch location
  • Employment type - Select one of the employment types previously created
  • Department - The employee's department
  • Designation - Employee's job designation
  • Job Level - Employee's job level
  • Status = Employee's status (current or exited)

Leave Setup

This is the page where you setup leave for all employees.

  • Select employee from the list
  • Select leave type from the ones previously created
  • Input leave credit

Leave

This is the page where you add leave requests and update leave used by employees, as well as, check leave balances for everyone in the current period

Travels

This is the page for viewing, approving and managing all travel requests. You can filter all requests by month.

Expenses

This page is for viewing and managing all employee expenses

Manage Requests

This is the page to manage all employee requests such as leave and travel requests as well as expenses.

HR Documents

Here, you can upload, view, manage and organize all your HR documents.

Company Directory

This section lets you view the company's directory and filter employees by type, status, level and location.

Employee Birthdays

Here, you can view all employee birthdays.


PAYROLL

This module is where you manage employee payroll.

Pay Periods

This is the page to create pay periods which you wish to run. The form contains:

  • The financial year
  • The period type
  • The period name
  • Period start date
  • Period end date

Salary Heads

This is the page to view the salary heads which can be used to structure an employee's salary.

Salary Structure

This is the page to view, assign & update employee salary stucture

  • Click on view, assign & update employee salary stucture
  • Select an employee from the dropdown
  • Select a salary head that applies to the employee
  • Enter the amount to be added or deducted for the salary head
  • Add all required salary heads and confirm

Run Payroll

Ths is where to run payroll for the selected employee. Ensure all employee salary heads are accurate and updated before initiating the processes. Follow the steps in order:

  • Calculate salary - This calculates the net salary from the employee's salary structure
  • Finalize salary - This finalizes the salary up to the current date
  • Disburse salary - Disburse the salary for the employee

Salaries

This shows all salaries and payslip reports for disbursed salaries for a specified year and month.

Payroll Reports

This page contains generated payslips, bank and earnings reports