MERO MICROFINANCE has fully automate its MIS and reporting for all branches and corporate office. MERO MICROFINANCE MIS is a software developed by Info Developers Pvt. Ltd. namely EMPOWER which is highly automated microfinance banking solution. Followings are major features of EMPOWER.
It is browser based user friendly centralized fully fledged application that allows to conduct its business with customers. It records day to day financial activities in electronic format and then produces management monitoring reports at required frequencies. It is flexible enough to cater the needs of any MERO MICROFINANCE model yet produces standardized MIS and reports for each level of users. Its unique feature is customizable micro-finance program parameters (e.g. interest rate, amortization, duration etc), which allows MFI’s to offer products without any additional development work. It can be integrated with Third Party Application for SMS and Mobile banking and POS.