Malaysian Finance board
Document management system Malaysian Finance board
Introduction
One of the great international standard-setting organizations that promotes and enhances the soundness and stability of the Islamic financial services industry by issuing global prudential standards and guiding principles for the industry, broadly defined to include banking, capital markets, and insurance sectors, was approaching a single screen solution to maintain their document management for the pre-approvals of loans and post closing loans, which includes each minor government related data and all those manual processes applied in loans, Malaysian Finance board with credit score integration and heirarchy of the incharge jury in the loan process.
Technology Used
Odoo
Python
Services Offered
ERP Implementation
Odoo Configuration & Development
Odoo Consultancy
Training & Support
Third-Party Applications
Jupical Loan Management
DMS
Other Applications (Integrations)
Malaysian localization public Information (MLPI)
Challenges faced by the client:
- Loan application and approval processes were heavily reliant on manual paperwork and approvals, leading to delays, errors, and compliance risks.
- Customer data was scattered across multiple systems, making it difficult to access and assess eligibility for loans.
- Limited visibility into the loan application and approval process hindered decision-making and process optimization.
- The need to adhere to Islamic finance principles and government regulations added complexity to document management and approvals.
Features
01
Online document management system
02
Finance ERP
03
e SIGNATURE
04
Project management system
Solution suggested by Jupical:
- User access rights aligned with IFSB’s hierarchy system
- Document approvals and back-office system for loan pre-approvals and post-disbursal government interactions
- Integration with government systems for data exchange and compliance
- Online document upload, storage, and digital signature capabilities
- Customized loan application process with integration of IFSB’s localization and customer data