Sri Padmapriya Finance Corporation (PPFC) is a division of SB Group, one of the leading business houses in the state of Andhra Pradesh. SB Group drives its operations in Automobile, Finance, Real Estate, Export- Import sectors with Multi Crore Turnover. PPFC is the largest 2-wheeler finance company in AP state of India with more than one lakh customer base.

SB wanted a Finance & Loan Management Solution each for its 3 finance houses, Sri Priya, Padma Priya and Vizag Finance. Nyros team initially studied the finance operations made daily by the employees. The client’s wish-list was refined in a scrum meeting with a standard proposal of what features that app would have. The Role-Management being the most crucial, the solution came out beautifully with effective options which help in tracking each transaction till the amount is recovered from customers or the finance thread is closed. Interest will be automatically calculated & added for every late payment.

The lovely part of this solution is the Auto-SMS feature which is used in various areas of the application for updating crucial alert texts to the Management and the Customers. The Reporting feature helps the organization to know its profit/loss status, balance sheet, opening balance, Cash book & more. Instantly, management can access details like Installments Paid/ Pending, Pending Amount, Charged/ Paid Interest of each financed account.  PPFC Solution also provides a separate module for its Employees Management to the top-level Manager like Attendance, Salary Advances Report, Loans and Salary payments of each employee in the organization.

As a swift portrayal, the Finance & Loan Management Solution for PPFC is apt software to speedup their Finance as well as Workforce Managerial Operations and to eradicate human errors in such a crucial sector.