SYSTEM ANALYSIS AND DESIGN PROPOSAL
SYSTEM ANALYSIS AND DESIGN PROPOSAL
Ramos, Jaren Mae IT233 - SAD
Tataro, Shayne Marie
Vigo, Sebastian
Proposed Title:
“Automated Loan Computation of SESFA”
Area of investigation and Programming Language to be used:
Client/Member Login and Finance Management with the use of VB.Net
Reasons for choice of project:
SESFA’s existing system is all about manual process. Upon registration of client and members, they manually register through different forms; copies of different ID for validation go along with this process. This is the first reason for choice of subject, we want to propose a system where we can limit the redundancy of filling up forms and ID numbers can be used for the validation process.
SESFA is a loan cooperative business where members can invest their money and with the help of client applications, their funds can grow through client’s loan interests. As members of SESFA, they can also loan money and pay 3% interest, unlike clients who pay 10% interest. This is another reason for choice of subject, we want to introduce an automated system where client and members can view their existing loan status on SESFA. A hassle-free process that limits the activity of admin such as looking through files, manually computing of loan records and date of payment for every client or member’s status.
Importance of the study: This study will be a significant endeavor in promoting effectiveness of loan management for small companies. With the promotion of a user friendly interface for beneficiaries, they can easily register, view status and will have an immediate idea of the amount of loan they can get and can adjust with payments as they can also view their payment dates. The study will also benefit the future researcher and IT education, they will have an overview on how a loan management system works, they can explore even more on the system and make adjustments as other programming languages grows.
Target User/Beneficiaries:
Client and
Ramos, Jaren Mae IT233 - SAD
Tataro, Shayne Marie
Vigo, Sebastian
Proposed Title:
“Automated Loan Computation of SESFA”
Area of investigation and Programming Language to be used:
Client/Member Login and Finance Management with the use of VB.Net
Reasons for choice of project:
SESFA’s existing system is all about manual process. Upon registration of client and members, they manually register through different forms; copies of different ID for validation go along with this process. This is the first reason for choice of subject, we want to propose a system where we can limit the redundancy of filling up forms and ID numbers can be used for the validation process.
SESFA is a loan cooperative business where members can invest their money and with the help of client applications, their funds can grow through client’s loan interests. As members of SESFA, they can also loan money and pay 3% interest, unlike clients who pay 10% interest. This is another reason for choice of subject, we want to introduce an automated system where client and members can view their existing loan status on SESFA. A hassle-free process that limits the activity of admin such as looking through files, manually computing of loan records and date of payment for every client or member’s status.
Importance of the study: This study will be a significant endeavor in promoting effectiveness of loan management for small companies. With the promotion of a user friendly interface for beneficiaries, they can easily register, view status and will have an immediate idea of the amount of loan they can get and can adjust with payments as they can also view their payment dates. The study will also benefit the future researcher and IT education, they will have an overview on how a loan management system works, they can explore even more on the system and make adjustments as other programming languages grows.
Target User/Beneficiaries:
Client and