PACS Solution Features
PACS Automation Solution
With competition intensifying in the sector, VSoft’s offering provides a powerful and flexible platform to transform daily operations at PACS. The user-friendly software automates processes thereby improving efficiency and increasing profitability.Simply put, the solution enables credit societies to focus more on the business of finance and less on managing the IT.
Compliant with NABARD's CAS
Roots provides a wealth of information on various aspects of business, operations, day to day functions, finances and compliance. The reports are NABARD CAS and MIS compliant and ensure that there is standardization across all PACS using Roots.
360 Degree View
360 Degree View enables PACS users to quickly and easily search for members and to easily enter the operations modules. The PACS user gets an immediate view of the member’s credit history along with the transactions of the member.
Easy to Use
The application is flexible for the PACS users to easily navigate and is driven by easy to understand picture-icons, obviating the need for even minimal
computer literacy among users. Additionally, Roots can be used in any Indian language.
Interfaces with DCCB's Systems
Roots helps PACS maintain the farmer-member’s loan account and interface to the Savings Bank account of the member at the DCC Bank Branch. The operations on the KCC account are processed through the Savings Bank account.
More Than a CBS
In addition to member on-boarding and regular banking services, the PACS Solution also supports loan processing, trading activities, warehousing, PMFBY file extracts, public distribution systems, and the handling of member shares.
The solution is optimally parameterized to cover the various nuances in the operational and policy environment. It first maps the geographies involved and yields precise operational data on loans, deposits, and trading activities.
NABARD CAS and MIS Compliant
A CBS and More
Explore more of VSoft’s PRODUCTS
VSoft’s Roots is a technology-based solution for the Cooperative Credit & Banking structure that aims to assist in their outreach to the rural hinterlands through a two dimensional multi-layered software solution. It handles the entire lifecycle of all types of agriculture loans with farmers at one end and Primary Agriculture Credit Cooperative Society (PACS) and the DCC Bank at the other.
Wings is VSoft’s state-of-the-art, comprehensive Core Banking Solutions (CBS) product suite, created in a leap of faith, using web technologies and open source systems right from the very inception in order to meet the requirements of the constantly changing, and often disruptive, techno-financial environment.
VSoft’s OnView Cheque Tracking Portal (CTP) enables Bank Operators to view item details and images of the items captured during the prime pass on the sorter as well as archived items. Operators can use the browser-based interface to quickly research customer data, transaction data, and item images from remote locations.
Cheque Image Capturing
VSoft’s OnView Branch Deposit increases efficiency for your staff by simplifying back-office operations. Disparate back-office systems can cause a negative ripple effect across your financial institution, absorbing time and labor that could be allocated to other impactful tasks.
VSoft is one of the largest cheque truncation service providers in the country, with a client portfolio that includes major public sector, private sector, and co-operative banks. Fully compliant with RBI’s cheque truncation guidelines, VSoft’s BPO infrastructure for cheque processing is capable of processing over 15 lakh cheques a day.
The OnView Remote Deposit Capture (RDC) product suite brings convenience and cost savings right to your palms. You save by depending less on data entry and more on automated operations which process more cheques in less time. You enjoy convenience by creating a paperless environment where all data can be accessed at the tap of a finger.
National Automated Clearing House (NACH) payments are known to be a cheaper and more convenient alternative to cheques. Banks can process a higher volume of transactions at a lower cost because there is no physical movement of instruments.
Vantage is our single, unified platform designed to consolidate fragmented channels to give your financial institution full administrative control over payment processing, core banking, and digital banking solutions. A consolidated platform also provides granular insight for an enterprise-wide view of all account holders and transactions, which enables staff to resolve account holder inquiries quickly and analyze the user experience across devices and banking services.