AcuLoan is your complete Loan Management system built within the Acumatica framework and using the power of Acumatica to manage interest bearing debtor or creditor loans. Aculoan will track the loan origination and approval workflow and manage the loan transactions from the initial advance to repayments, service fees, interest rate changes, settlements, restructures, and documentation. AcuLoan makes these processes simple and easy to manage in a one-stop all-inclusive Loan Management system.
Are you managing interest bearing loans?
Interest on loans can be fixed, linked or scale as the loan amount increases or decreases. With multiple loan types, repayments, interest scenarios, and regulatory requirements, there are many possible scenarios that need to be accommodated. AcuLoan will manage each loan individually – calculate interest on the daily balance based on a 360 or 365-day year, facilitate bulk changes when the base rate changes and capitalise interest monthly thereby providing accurate loan principal and interest allocations directly in your accounting system.
Interest calculations and adjustments over-extending your Excel sheets?
Tracking loans on spreadsheets is useful to a point, however when the number of loans, adjustments and other transactions increase, spreadsheets can become time-consuming and error prone. AcuLoan offers a single, integrated loan management system that will accommodate all the common loan transactions accurately, efficiently and without the need for spreadsheets or manual interest calculations.
Is the managing of collections difficult, and after the fact?
Repayments and collections are processed through the banking system and a simple way is required to allocate these to the loan accounts. AcuLoan provides automated payment allocation functionality and can compile a list of payments due, which may then be submitted to the bank as debit orders. This provides a single-entry point for payments, eliminates duplication and makes payment processing simple.
Do you know who is in arrears at any point in time?
AcuLoan will determine what payments have been missed on a day-to-day basis. No need to wait until month-end to find-out through a monthly age analysis. Dynamic dashboards are live and accurate and assist in providing information to follow-up immediately if a payment has been missed. Timing is critical when it comes to debt management and AcuLoan provides the live and accurate picture all of the time.
You have come to
the right place to manage it all !
Aculoan will take the hassle out of managing interest bearing loans in a single, integrated application.
Making Loan Management Simple, Better, Faster.
Use the power of Acumatica CRM to acquire, route and approve new loans.
Set of management and transactional functions to accurately manage your loan book.
Payments & Collections
Automated processes assist in efficient payments and identify overdue payments.