Lending System
COMPUTERIZED LENDING SYSTEM
Chapter I
The Problem and its Setting
Introduction
As the world moves a global electronic place, lots of establishments are not upgrading their computers to the latest features just assures that their clients will be satisfied by the services that they give and create a friendly environment to each member.
The existing loan transaction processing system used by the RGT Lending Investor Incorporated is manually operated. The loan takes two (2) days to be processed. This can be obsolete because of the presence of the computers, which could facilitate any transaction at faster rate. They use computer merely for their documentations and not for their system. In fact, they only use word and excel which are the generally used Microsoft office works and not a specific task. That’s why; their use of computer does not help to make their process faster and accurate. Since loaning is primary service offered by the RGTLI , we should create a better way to facilitate processing of every member’s transaction and queries. Thus, the system will automatically check the status of each member/staff once they login making it not time consuming for both of them.
In that case of Computerized Lending System that will provide easier and faster of loan transaction processes for RGT Lending Investor Inc is proposed.
If this system will be successful, members and staff will reduce their works if we can do it, this can aid the problem of technicalities and can be more efficient and user friendly to them.
Background of the Study
We find that the existing loan transaction of RGT Lending Investor Inc . is manually use or operated and the process is taking too long to be processed. Its manually being processed by the staffs of RGTLI and decreasing their performance by taking too much time in one tasks. Our advance technology now can be used to make a more advance and efficient ways to improve the transaction with more
Chapter I
The Problem and its Setting
Introduction
As the world moves a global electronic place, lots of establishments are not upgrading their computers to the latest features just assures that their clients will be satisfied by the services that they give and create a friendly environment to each member.
The existing loan transaction processing system used by the RGT Lending Investor Incorporated is manually operated. The loan takes two (2) days to be processed. This can be obsolete because of the presence of the computers, which could facilitate any transaction at faster rate. They use computer merely for their documentations and not for their system. In fact, they only use word and excel which are the generally used Microsoft office works and not a specific task. That’s why; their use of computer does not help to make their process faster and accurate. Since loaning is primary service offered by the RGTLI , we should create a better way to facilitate processing of every member’s transaction and queries. Thus, the system will automatically check the status of each member/staff once they login making it not time consuming for both of them.
In that case of Computerized Lending System that will provide easier and faster of loan transaction processes for RGT Lending Investor Inc is proposed.
If this system will be successful, members and staff will reduce their works if we can do it, this can aid the problem of technicalities and can be more efficient and user friendly to them.
Background of the Study
We find that the existing loan transaction of RGT Lending Investor Inc . is manually use or operated and the process is taking too long to be processed. Its manually being processed by the staffs of RGTLI and decreasing their performance by taking too much time in one tasks. Our advance technology now can be used to make a more advance and efficient ways to improve the transaction with more