Lending System Essay

a. commentary of the SystemAs the world moves a global competitive and much(prenominal) complex electronic place, lots of establishments still are using the gaga manner of doing influence. The best thing to consider is the assurance that the clients are getting the satisfaction of the services provided by the comp each and also the creating each fellow member a friendly environment.The existing loan or modify relations transiting form of slightly related companies is just manually operated. It takes a few days or even weeks to be processed. This undersurface be obsolete because of the presence of the calculators, which could facilitate any transaction at rapid rate. Actually the companies merely use computer for the documentations and not for their ashes. In fact, they yet use word and excel which are generally used Microsoft post whole kit and caboodle and not a specific task.Thats why the computer does not help them a lot to make their process fast-paced and acc urate. Thus, the impart remains will provide a better way to facilitate those transaction and queries and also the process happening in the company. mechanically checking the status of members/staff and clients are included that will prevent two of them to consume a bunch of time.In that case of bring ashes that will provide a speed up in the process of transaction processes for lending companies.If the system will be successful the staffs or clerks will reduce the works and the clients will not be blase to wait until the transaction will finish. This flowerpot also aid the chore of technicalities and errors provided by the manual system, so it will be efficient to them.b. tilt of the ProblemThe study attempt to know if the computerize lending system can help the lending/loaning companies speed up the process of their transactions with their clients. This study need to answer the following questions.1. How helpful is a computerize lending system to a company?2. How can a co mputerize lending system restrict the works of the clerk of a company?3. What are the possible disadvantages of using a computerize lending system?4. Is the time consumed by a computerize lending system faster than the manual one?5. Is the computations of computerize lending system more accurate than the manual computations?c. Objectives of the Study1. To make a functional lending system that can makes the work of employees easier.2. To build a lending system that can be use by most lending companies.3. To fasten the work of a companys clerks and all employees involved.4. To add some functions that is not usually gather upn at most computerize lending systems.d. logical implication of the StudyThe significance of qualification the manual system computerized is to fasten the works of the employees because of faster computations, faster transactions and better information storing by making the confidential transactions secured. It can also be used to see the information and transa ctions made by their clients.e. ScopeOur system can save and see the information of the clients, can be use the lending transaction function by most of the lending companies, can be use to see the transactions made by their clients. Our systems also contrive an authenticating procedure to limits the employees that can view the transactions.f. LimitationsOur system is only limited to be executed to a computer and cannot be run using any other devices like smart phones, tablets and old model computers. Our system can have a server for multiple transactions using several(prenominal) client computers but cannot be use for online transactions.