Mifos X Implementation

Mifos X is a platform for delivering the complete range of financial services needed for an effective financial inclusion solution. Mifos X is the industry’s only open platform for financial inclusion, it provides affordable, adaptable and accessible solutions for any segment of the market, new and small financial institutions can easily start with the community app in a hosted environment, medium and large institutions that are evolving into full-service providers of financial inclusion can use partner services to configure a Mifos X solution. It is widely used by Microfinance Institutions, Non-Banking Financial Institutions, Credit Institutions. Mifos X is the cloud-based platform, which is available on the web as well as a mobile app.

Advantages of Mifos X:

• Used by Grameen Bank
• Globally recognized robust software
• 2.8 million Account Holders on this platform
• Cutting edge technology – On the core platform, developers can build their own apps as per their needs
• Modular Architecture, Highly customizable and scalable
• Deployable in any platform – Cloud or on-premise, online/offline, on a mobile or PC
• Client Data Management, Loan and Savings Portfolio, Integrated real-time accounting, Social and Financial Reporting
• Award Winning – Best Java Technology for Open Source Community

Features of Mifos X:

• Rapid product creation
• Multiple lending methodologies
• Full range of deposit products
• Charges, fees and penalties
• Responsible client management
• Robust accounting
• Business rules, workflow & risk management
• Social and business insight - reports
• Security - Authorization: Customizable by job and by user

Features of Mifos X:

• Rapid product creation
• Multiple lending methodologies
• Full range of deposit products
• Charges, fees and penalties
• Responsible client management
• Robust accounting
• Business rules, workflow & risk management
• Social and business insight - reports
• Security - Authorization: Customizable by job and by user

Ideoholic Services Offered
Implementations

We provide implementation services for Micro financial institutions with digital solutions in order to empower them and enhance their impact. Innovate not only in terms of technologies but affordability and simplicity too. This would include:

• Requirements analysis and address the gaps
• Organizational and Product Configurations
• Customization and configurations as per Clients requirements
• Standard reporting and custom reports
• Data migration – from existing MIS or Excel sheets
• Hosting services
• Schedule

Mifos Customizations

We provide functional and technical customizations on Mifos X. The customizations can include core-functionality changes like implementing custom products, adding new entities, including new business flows or smaller changes like user interface customizations.

• Core feature enhancements
• Custom financial products
• Custom business entities or business flows
• Front-end customizations
• Interfacing Mifos with other applications
• Data extracts/imports from/into Mifos
• Custom Reporting and Dashboards development

Hosting and Service Management

• Installation and deployment on cloud server
• Inhouse deployments
• Daily monitoring and backups