Accelerated Management Systems introduces an integrated system designed specifically for the financial services industry. It's called the Consumer Finance System®. CFS automates the origination, maintenance and management of consumer finance loans. With CFS, it only takes a few minutes to process a customer loan, including document processing of the promissory note, disclosure statement, applicable insurance forms and/or policies, and print the ledger card and payment book. Other key features of CFS® include:

Account Information

• name/address
• employer
• date of birth
• days late
• credit limit
• security/co-borrower information
• telephone numbers (home and work)
• payment distribution
• multiple loan access
• spouse information

Contract Calculations

• renewals, multiple loan consolidation
• payoffs
• printing of contracts/insurance forms
• coupon book printing
• fees
• insurance
• entering existing contracts

Management Reports & Summaries

• daily, monthly and yearly summaries
• year-end F/C statements
• loan register reports
• aging reports
• insurance reports
• ledger cards
• uncollectible/court

Multiple Office Support

• daily, monthly and yearly summaries
• grand totals for all offices

Marketing

• mailing labels
• credit availability notice
• birthday updates

Accounts Receivable Analysis

• current
• aged with statements
• payment amortization/distribution
• days late report
• late notices
• finance charge accrual
• A/R balance
• promise date tracking

Account Maintenance

• post payments by loan
• adjust customer records
• transaction history
• transaction audit trail by employee
• payment receipt printing

Flexible Support Database (Dynamic modification of:)

• interest rates
• insurance rates
• tax rates
• late charges
• interest after maturity

Interface Capabilities

• revolving charge/open accounts
• general ledger
• inventory
• payroll

The procedures utilized by CFS® comply in full with state and federal regulations. And, as with all AMS products, you'll receive a complete evaluation of your needs with full installation, training and support by knowledgeable professionals. With CFS, you can finally enjoy all the benefits which were once only available to the "big guys."