Microfinance software for Sri Lankan microfinance companies
Branches, centres and dozens of officers collecting cash every day. FinanceMe.lk gives head office the same view of every rupee that the officer has in their bag.
What usually goes wrong
- Head office finds out late
- Collection sheets come back on paper or WhatsApp photos. By the time arrears are typed into Excel, a missed week has turned into a bad loan.
- Cash goes missing between the field and the safe
- Without a daily close per officer, a shortfall is found at month end, if at all, and nobody can say which day it happened.
- Each branch keeps its own version
- Interest worked out by hand, different penalty rules per branch, and reports that do not match the bank balance.
How FinanceMe.lk handles it
- One loan book for all branches
- Products, interest and penalties are set once at head office and every branch uses the same rules. Reports split by branch.
- Officers collect on their phones
- Offline collection sheets, location on every receipt and an SMS to the borrower the moment money changes hands.
- A cash close every evening
- Expected, collected and handed over, reviewed by the branch manager the same day.
- PAR the morning after
- Portfolio at risk by branch, officer and product, plus books that post themselves.
Most microfinance companies start on Growth or Pro. Compare plans
Open your loan book in FinanceMe.lk today
14 days free with every feature. No card, no sales call. We help you bring your Excel sheets across.