A mandate management system helps in the digitization of the mandates and the automated generation of the formats as required by the NPCI. It also helps in end to end monitoring of the mandate and reconciliation of the mandate.
NPCI offers a product called NACH( National Automated Clearing House) to provide the automatic processing and exchange of mandate information electronically with well-defined timelines.
NPCI only offers the platform for the processing of mandates but the technology requirements and infrastructure needed are not part of NPCI's solution. Nelito's mandate management system offers a bridge between the bank and the NPCI and makes sure that the technology requirements to avail NACH are met. Moreover, it serves as a mandate repository for accepted mandates and also helps in reconciliation of the mandate and in CRM.
Yes, the mandate management system will provide seamless integration to the core banking software and the CRM software
The mandate management system can also be used to provide analytics as and when required by the bank. It can be used for the segregation of mandates by area and by due date. Interactive voice response for call management and preparation of mass mailers is also part of the solution.
A web interface will be provided which allows the user to login and check information regarding mandate transactions, status of the mandate or the audit trail of the mandate.
Yes, e-mandates can be initiated online by means of the web interface. The web interface can also be used to place a request for the modification or cancellation of the mandate.
"The Bank is associated with M/S Nelito since 2002. M/S Nelito Systems Ltd has been our CBS vendor since 2009. The Products, quality of service offered by them are excellent. They have a very good support team and are trained enough for handling any type of situation."
"Good & Co-operative."
"We appreciate your local team who continuously supported & assisted our team to meet the goal."
Knowledge and service provided to the bank is beyond expectation. And we would definitely engage and recommend solution to others .
Bank has implemented CBS of Nelito Ltd in the year 2008-09 in phase manner. Also integrated RTGS/NEFT, CTS, MMS etc which help us in smooth automation of banking operation.
Experience during development of Rating Engine Module has been good in the context of commitment to meet timelines & lot of hard work has been put by Nelito's team.
Everything was successfully implemented and tested. The implementation was professionally done in a very efficient and cooperative manner. Migration was very smooth.
Nelito and its team has always been supportive and efficient in achieving the tasks set up by the Dept. Apps developed by the software engineers for the Public Health Dept have proved to be excellent among the top competitors and have been acclaimed for its effective service delivery to the end user at the grass root level which is the foremost object of any Govt organization. Many thanks for the sincere efforts.
"We appreciate Nelito team who were always on time and responsive to our needs and changing ideas. They worked efficiently from the project inception to its completion in a timely and professional manner. Their understanding of this space has been invaluable to the success and launch of 'PMAY CLSS' app."