Scorto Loan Manager SME vs. ColdStoreApp

The difficulties associated with bad debts are especially significant for loans to small and medium enterprises (SMEs) when compared to other types of retail financing. To effectively address these challenges, it is crucial to utilize skilled personnel efficiently, a task that Scorto excels at. There is an urgent requirement to reduce the operational expenses linked to SME lending while also boosting overall operational efficiency. Given the fierce competition in the SME sector, it is vital to continuously refine credit strategies and accurately gauge performance metrics. A comprehensive financial evaluation of potential borrowers' businesses is essential, along with the automation of the loan application process for SMEs. Implementing pricing based on risk is critical, and it is equally important to carry out thorough credit risk assessments throughout each phase of the loan's lifecycle. Organizations must also prioritize the scoring, rating, and categorization of their clients. In addition, analyzing payment trends and evaluating credit risk entails estimating important parameters like the Probability of Default (PD), Exposure at Default (EAD), and Loss Given Default (LGD), which are necessary for determining Risk-Weighted Assets (RWA) in accordance with Basel II standards. Moreover, integrating tools that support cross-selling and upselling strategies should be a priority, in conjunction with effective business rules and process management tailored for SME lending. Regularly automated reassessments of default risk and key financial ratios are critical for obtaining an accurate analysis of SMEs. By adopting this thorough approach, organizations not only mitigate risks but also promote sustainable growth and stability within the SME lending sector, ensuring that they remain competitive in an ever-evolving market.

Our intuitive software simplifies the management of cold storage efficiently. Highlighted features include Aamad and Nikasi stock management, along with options for tracking items on a monthly, weekly, seasonal, or daily basis. The system generates automatic bills and invoices on a daily or monthly schedule, with GST compliance specifically for Kirana products. It also accommodates various costs associated with labor, loading and unloading, grading, and Bardana fees. Depending on the type of commodity, it assigns automatic lot numbers, while also recording purchases and sales, allowing users to calculate their profit or loss. Users can create barcodes and labels easily, and there's seamless integration with Tally ERP for managing payment and receipt vouchers. Additionally, a loan management feature is available, and the interface includes a map view tailored to your design preferences. Communication is streamlined through WhatsApp and Telegram, enabling users to send stock statuses, bills, and additional information directly. The software provides stock and ledger reports in multiple formats, supporting multiple users in both online and offline modes. For employees, there is a straightforward Android application, which includes support for Aamad and Nikasi images, as well as a Nikasi barcode scanner. Moreover, automatic backups to your Google Drive are included, and you can transfer data from other software systems. With a wide range of additional features, this software is designed to meet diverse user needs.