This module is used to classify accounts under various groups to enable efficient management of all customers’ accounts. Creation of new customer account and account editing as well as account signatories (mandate module) are managed suing this module. Other functionalities such as blocking an account, closing and re-activation of accounts are done using this module.
TEB3 financials is a robust and stable financial accounting system. All other modules in TEB3 are seamlessly integrated in to TEB3 financial (GL) module. This module is design to process ledger transactions, accounts payables, account receivables and all other back office transactions. As a result of tight integration of TEB3 Financials into the entire TEB3 platform, every financial transaction that occur in each modules updates the GL in real time thereby reducing errors in the general ledger and the final accounts.
TEB3 Financials generates daily, monthly, annual as well as periodic financial statements according to the International Financial reporting Standards. Regulatory reports such as Bank of Ghana prudential reports are also generated automatically.
The investment module manages clients’ investment portfolio. The investment module is capable of processing customer’s initial investment and accrues interest on daily basis. Payment of accrued interest is possible anytime during the investment period. Liquidation of both matured and pre-matured investment as well as termination of running investment portfolio are handled using this module. Generation of customers’ statement of account and other management reports are all included in the investment module.
Deposits and Withdrawals Management
This module is for processing of customers deposit and withdrawals and for other banking hall operations. There are sub modules under this module to manage mobile banking and commissions as well as automated system for fund transfer from mobile savings accounts to loan and other savings and current accounts. Features:
This module is used to manage entire loan portfolio. Management of loan portfolio from application to approval, risk assessment and disbursement are done using this module. There are three sub modules to manage the repayments: cash loan repayment, cheque loan repayment and offset from clients current or savings account; are these all available in the loan module. Features: