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Servisys |
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An effective tool to efficiently handle the Service Branch functions of a Bank, namely, Instruments clearing operations and payment & reconciliation of Demand drafts. |
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The pertinent functional areas covered
include : |
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Payment and reconciliation of Drafts
& Agency Drafts
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Outstation
Branch instruments
Clearing.
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MICR / Non-MICR clearing
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Home
(Inter-branch) clearing
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ECS/EFT/NCC
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Pay-order
issue / management
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Dividend/Interest Warrant
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Voucher generation, Accounts and
Generation of follow up
correspondence.
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The application generates over 500 reports and is fully compliant to statutory and regulatory requirements. |
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Top ranking Indian Banks are users of the Servisys application, who reap huge benefits embedded to the application, some of which are listed out
below :
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Complete control on Drafts/ Agency Drafts payment & reconciliation avoiding payment
duplication, Forgery etc.,
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Efficient handling of huge volume of transactions with regards to Drafts and clearing
instruments,
there by saving considerable time. |
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Can be easily integrated to the emerging hi-tech environments like RTGS and CTS. |
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Large number of utility reports like clearing slips & schedules, follow up letters, and very useful
MIS reports. |
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Accurate and timely reporting. |
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Low operational costs. |
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Higher employee-productivity. |
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