Andica Property Finance Software

Andica Property Finance Software is a Customer Relationship Management (CRM) and finance management solution suitable for small to medium sized mortgage andbridging loan finance lenders.

Andica Property Finance Software

Andica Property Finance Software Overview

Andica Property Finance Software is a Customer Relationship Management (CRM) and finance management solution suitable for small to medium sized mortgage and bridging loan finance lenders.

The software provides a solution for management of funds accounts with banks, clients and their property records. Administration of loan provided against properties, calculations and billing of interest charges and recording of financial transactions, tracking communications with banks, solicitors, property valuation agents. Management of funds accounts.

Starting from the standard software features, if required we can customise and add more features as required (quoted separately).

Andica Property Finance Software is a Customer Relationship Management (CRM) and Accounting software suitable for use by small to medium sized mortgage and bridging loan finance lenders to manage borrowers, properties and funds.

Andica Property Finance Software Benefits

Andica Property Finance Software Features

Company information:

  • Maintains Company details
  • Maintains software settings for document management
  • List of securities and Condition precedent (Documentations required from borrowers)
  • Link to User defined Microsoft Word document templates used for various type of contact

Funds Accounts:

  • Manager Bank funding accounts for current, deposit and revolving funds
  • View transactions for Loans drawdown and repaid
  • Manage documents and notes

Client information:

  • Manage Client (borrower/customers) account details (Contact details, Additional borrowers, Introducers)
  • View details of properties funded within each client record - Description, purchase price, current value, outstanding balance and maturity date
  • Record preferred Solicitor and Valuer
  • Record dates of searched and verifications and background information
  • View transactions
  • Manage documents and notes

Property details:

  • Manage property records for which funding is applied for or drawn by client
  • Record values of property - purchase price, current value, refurb cost and value expected
  • View details of loans and interest charges
  • View details of Solicitor and Valuer handling the property
  • Record dates of last meeting, visit, insurance renewal and charge registered
  • Details of any comparable property values
  • Checks carried out (Security and Conditions precedent)
  • Link documents, images and create documents from standard templates
  • View transactions
  • Record notes and Recommendations

Solicitor's and Valuer's:

  • Maintain Solicitors and Valuer's records, contact details
  • Link documents
  • Record notes and Recommendations

Record Transactions:

  • Loan drawdowns
  • Create Invoicing for interest (automatic calculations), approve and post to account
  • Post manual interest invoices (created outside the system)
  • Record interest payment received from Clients
  • Record other payments and receipts
  • Record Loan repayments
  • Record inter account transfers between fund accounts

Reports:

  • Statements
  • Loan portfolio monitoring
  • Daily update report showing Funds position and expected 'money going out' and 'coming in'
  • Loan movement summary (Quarterly)
  • Transaction history
  • Loans drawdown
  • Pending loans
  • Loans repaid
  • Facilities maturing with 14-days
  • Redemption calculation
  • Plus a range of other standard reports are included

Andica Property Finance Software Requirements

Operating systems supported:

Client Windows PC:

  • Microsoft Windows OS (Install with Administrative user rights)
  • Microsoft .NET Framework version 1.1, Microsoft .NET framework version 2.0, Microsoft .NET framework version 3.5 and Microsoft .NET framework version 4.0 must be present.
  • Crystal Reports
  • Microsoft Office (Word and Excel)

Windows Server:

  • Microsoft Windows Server 2003 or Microsoft Windows Server 2008 (Install with Administrative user rights)
  • Microsoft .NET Framework version 1.1, Microsoft .NET framework version 2.0, Microsoft .NET framework version 3.5 and Microsoft .NET framework version 4.0 must be present.
  • Crystal Reports
  • Microsoft SQL Server

Minimum hardware specifications:

Client PC and Server:

  • A PC with at least 2 GHz speed processor.
  • Minimum 2 GB of RAM (memory) for Andica software
  • Hard disk drive with at least 200MB of free disk space for Andica software and data files.
  • A CD-ROM drive (only required for software purchased on CD. This is not necessary for software purchased as download).
  • Minimum screen resolution of 1024x768 or higher
  • Windows Display default text size of 100% or DPI settings of Normal Size 96 DPI. Screen resolution and text settings will ensure the software user interface is displayed correctly. Screen resolution and Display settings can be modified in Windows Control Panel.
  • An unrestricted broadband internet connection is required for product licensing and submission of returns online.
  • Internet Explorer 10 or higher, Internet Explorer 8 on Windows XP SP3 or other compatible browsers.