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Complete Centralised Solutions - Banking Service

Autor:   •  March 13, 2018  •  738 Words (3 Pages)  •  769 Views

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18. It provides user configurable Trial balance and Profit & Loss Account with multiple formats.

19. Auto log off when no key pressed.

20. CCS banking facilitates auto import of inward clearing.

21. Customer photo and sign can be directly captured.

22. It ensures auto service tax transactions.

23. While transacting a loan account, status regarding overdue/overdraft, insurance dues, renewal, stock statement will automatically appear on the screen.

24. NPA calculations.

25. TDS enquiry, TDS applicability for individual customer and TDS intimation letter to customer can be provided through CCS banking.

ADVANTAGES OF CCS BANKING

- Limited professional manpower to be used more efficiently and effectively through CCS banking.

- CCS banking allows anywhere, more convenient and easier banking to customer.

- The facilities of ATM, internet banking, mobile banking, payment gateways and referral business can be offered through CCS banking.

- CCS banking provides a more strong and economical method of management information system.

- CCS banking helps to reduce the branch manpower.

- It ensures additional manpower available for other activities such as marketing, recovery and personalized banking.

- CCS banking provides quick information availability for decision support.

- It ensures instant and accurate implementation of bank policies.

- CCS banking helps to improve the recovery process causing reduction in recovery costs and NPA provisions.

- Innovative, redefined or improved processes causing reduction in manpower requirements at Head office, reduction in software maintenance at Branch and Head office.

- CCS banking facilitates in centralized printing and back up. It results in reduction in capital and revenue expenditure on printing and back up devices.

- CCS banking ensures increased speeds in working resulting in enlarge business opportunities and reduction in penalties, legal expenses etc. due to delay.

BIBLIOGRAPHY

BOOK: Bank Management

AUTHOR: Dr. Priyanka Khanna and Jagroop Singh

PUBLISHER: Kalyani Publishers

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