MFIFlex offers a complete, low cost and feature rich IT solution to help them scale and operate efficiently.
The existing MFIs are expected to scale and innovative and new technology models have a greater role to play than ever before. Most MFIs implement an on-premise MIS that requires ...
Read moreMFIFlex offers a complete, low cost and feature rich IT solution to help them scale and operate efficiently.
The existing MFIs are expected to scale and innovative and new technology models have a greater role to play than ever before. Most MFIs implement an on-premise MIS that requires heavy upfront cost and monthly maintenance expense. They also hire Information Technology (IT) staff to manage this technology infrastructure. They spend sufficient time, energy and money in managing something that is neither their core competency nor their business.
MFIFlex is a cloud based, low cost and feature rich IT solution for Microfinance Institutes to help them scale and operate efficiently. It provides a complete SaaS business architecture to an MFI as opposed to traditional services that merely provide hosting. It is a complete SaaS solution that includes services, products, technology and tools to build and scale MFI’s business.
MFIFlex’s early design decisions were driven by on some of the most compelling problems MFIs experience. We identified and built MFIFlex around following four major requirements that an MFI looks for in a MIS solution: Low cost of ownership and quality support
Reliable MIS with integrated financial accounting that gives real time picture of financial and operational health of the organization
Easily customizable given the high degree of change this industry experiences
Ability to reduce transaction cost, errors and frauds using better technology MFIFlex will manage MFI’s IT infrastructure – hardware as well as software, so that they can concentrate more on their primary function i.e. to provide financial services to the poor without having to worry about the MIS system and its maintenance.
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