Leasing & Investment System

TeLIS: Increase Productivity & Enhance Customer Service
Technohaven believes control over scarce resources, delegation of authority to line managers and customer responsiveness are the key factors of success in service business. TeLIS serves these concerns in an integrated manner for leasing and investment organizations.

It has multiple applications & business tools set atop a core engine. An accounting & financial management system conforming to leasing and investment practices at the heart of the system. Business applications such as leasing operation, term finance, fund management, merchant banking, promissory notes, documentary credit, asset management, payroll system, cheque leaf management etc. have real-time link with the financial module.

TeLIS assists professionals carry out their functions faster, better & more accurately through:
Flexibility in changing rental, installments, rates etc.
Preventing duplication of work
Retrieval of any information within seconds
Monitoring of activities from top
Portfolio maintenance
Client accounts maintenance in real-time
Any report within minutes
Statistical & analytical enhancements
Daily basis profit & loss calculation
Daily basis cost of fund calculation

TeLIS: Rules of Operation
TeLIS is designed for use in an online environment. With appropriate authority one can operates designated tasks from his/her respective workstation. For example, the head of accounts can use, edit and generate reports using the entire accounting module; an officer in that department may be allowed to do only a part of the operation (e.g. accounts reconciliation or journal entry checking etc.) while the top management can monitor the entire operations and obtain appropriate reports as required.

TeLIS features:

• System (Log on, password management, back up, user administration etc.)
• Administration (Applicants information, applications, clients, bank branches, sectors, meeting schedule, follow up, assignments etc.)
• Leasing & Finance (Proposal, approvals, documentations, advices; agreements on leasing, term finance, documentary credit, reports etc.)
• Fund Management (Call money, term loan, credit line, treasury bond, FDR etc.)
• Merchant Banking (Share trading, share holding position, syndications, IPO management etc.
• Promissory Note ( Investor information promissory notes)
• Accounting ( Chart of accounts, account relation, account balance, supplier information, voucher generation, voucher status, cheque deposits, bank reconciliation, honored /dishonored cheque information, overdue payment management etc.)
• Asset Management ( Chart of asset, asset register, deprecation leased/fixed asset)
• Payroll (Employee compensation management, position, calculation, post calculation, loan management)
• Specialized Operations: Lease agreement splitting & merging, Lease or Term Finance Re-scheduling, Re-assessing Transfer Price
• 11. MIS/EIS ( Bangladesh bank reports, cost of funds, financial ratio analysis, CIB reports)
• Reports/ Statements: ( Standard and as per organizations’ needs)
  The flexibility of TeLIS architecture allows easy integration of additional feature or module. For example treasury functions can be integrated if our central bank rules permit.
  
  TeLIS database resides in a central server with multiple backups. All respective users’ work on their respective computer are centrally stored in the server. The software processes all the information according to the need of the organization and presents it in a meaningful form to the management.
  
  The following schematic diagram is showing the relative workflow under TeLIS in an online environment.
  
  TeLIS: Security
  
  Security is the essence of all Technohaven products. TeLIS prevents unauthorized users from accessing the system. Moreover it will not allow a user to do any assignments that s/he is not entitled for. The software administrator determines to what extent a user can access the system.
  
  The powerful audit trail will provide details on who does a particular task and when it has been performed.
  
  Apart from application level security, database level and operating system level security are in-built with the system.
  

TeLIS: Benefits

• Enforces an identical work standard for everybody.
• Controlled & streamlined operation.
• Availability of reports, analysis, client accounts, classification, group positions, receivables, rescheduling, aging etc. anytime- any minute
• Tracking of any operation.
• Paperless system of operation reduces stationery costs considerably.
• Error minimization
• Reduction of operation cost
• Enhanced efficiency
• Client services improved considerably, thereby increasing retention of existing clients and obtaining more referral clients
• Updated information on cost of fund helps in efficient investment decisions
  
  

TeLIS: Factors for Business Edge

With TeLIS a leasing & investment company can achieve more:

• Authority delegation, asset control, employee/client satisfaction
• Customized report, analysis and statistics
• Error free operation leading to higher efficiency
• ROI from existing operation
• Security & tracking of operations
• Local product, local support available round-the-clock (24Χ7)
• Conformance to local laws, Bangladesh Bank reporting standards

TeLIS ensures highest world-class standards because:

• It is developed in latest software & RDBMS tools (Oracle 9i, VB 6.0, C++)
• It is a real-time enterprise-class solution
• Its accounting system fully conforms to leasing & investment companies requirements
• It is user friendly, robust and integrates with third party softwares
• It is well documented and developed under ISO 9001:2000 standard

TeLIS pays for itself through higher earnings & reduced operating costs, in less than 12 months.