What is the comprehensive usage of chit fund software?

The chit fund owners have started using chit fund software. There are many uses of the chit fund software. Any technological invention will give many benefits to the users. Likewise, the chit fund software also gives multiple advantages. When a particular chit fund documentation has to be done through paper, the chit fund software has made it paperless.

Due to the flexibility and the efficiency of the software, many chit fund owners are increasingly using the chit fund software. Having an aid to manage all your chit fund processes is a technological gift. Many digital innovations have created a milestone in many industries.

Likewise, the chit fund software uses have been benefiting the chit fund owners all over the world. Chit fund software available in multiple organizations is getting high ROI and increased customer satisfaction. The chit fund software helps in the betterment of dealing with multiple branches, managing employees, and assisting your subscribers with payment confirmation status.

Chit Fund Software - MazeChit Chit Fund Application

Many MazeChit buyers have been experiencing hype in their business due to the increased benefits and flexibility of using the software. Our versatile chit fund software helps you to deal with all your chit fund operations easily and thereby it increases your profit.

To avail, free MazeChit live demo visit:
https://mazenettech.in/mazechit/ or contact us at 1800-212-33-4646 / 7397723052.

Chit Fund Software

What are the features of the Chit Fund software?

The advent of chit fund software has promoted chit fund operations effectively. Many enterprises are buying chit fund software in order to handle their chit fund operations flawlessly. Chit fund software contains many attractive features that help the owner to have easy access to multiple branches, getting instant payment updates from the collection agent, and many more. The features of the chit fund software have been detailed below.

The chit fund software available online can be accessed through web mode and mobile too. Here are the features of the web-based chit fund software.

• Multiple chit support: It helps in managing different types of chits including auction chit, slab based chit, profit chit, and commitment chit
• Security Management: It helps in automatic log out, password encryption, approval mapping, and log monitoring as well.
• Timely alerts and intimations: It helps in alerting the customers regarding the auction amount, auction date, and other relevant information.
• Effective Customer, employee and Group Management: It helps in managing the customers, employees, and chit groups by the chit owner.
• Clear Loan Modules: It helps the chit owners to get detailed loan payment details and reports.
• Transaction Reports: It helps in getting a detailed report about the income and the expense of the particular chit company.
• Collection Agent details: It enables the chit fund owner to have a clear note about the collection agent and their respective details.
• Multiple report Generation: It helps in generating multiple reports including auction report, collection report, business agent report, and many more.

Other than the web-based chit fund software, the mobile application helps in reducing complex chit operations. It also expands the comfort of the customers using the particular chit fund application. Thereby, the software helps in enabling a smooth communication between the customers, chit owner, and the employees as well. The distributive features of mobile application help the chit fund owner to do the enlisted things.

• Generation of both offline and online receipts
• Mapping employee to multiple customer locations
• Customer verification by Collection agent
• Device activate and deactivate operation of the agents

Having a chit fund software in an enterprise will enable the chit fund owner to have an easy operation flow without any hurdles. The chit fund owner can easily fetch any information about the chit auction or a particular collection report of an agent.

To know more about the chit fund software, reach us. ChitFund Software - Mazechit

Chit Fund Software - MazeChit - " For the trust to your Subscribers and to your Comfort"

Swipe off your chit fund operational burden using MazeChit - An award-winning chit fund software!! Here is the flexible and comfortable chit fund software to improve your business growth.

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What is the concept of a chit fund, and is it good to be part of it or not?

Chit fund is not a new term into the accounting realm. Instead, the chit funds are popular due to the attractive option that involves both saving option and borrowing one.

By pooling candidates on a monthly basis, the chit funds run in a routine manner. Many individuals feel it as the best saving option.

Due to the recent demonetisation phase, many people began focusing on the financial sectors. As a result, the number of chit funds has increased. Various traditional channels have become active in their own way.

According to the recent study named, Chit fund participation and sources of economic value, chit fund saving has become one among the top three saving options. The study examined the pattern of chit fund usage in Kerala.

Chit fund mainly has the benefits thereby increasing the rate of interest in banks. Other than chit funds, people are interested in investing money in gold and land. The study also stated that 18 percent of the respondents ensured collection agent in the periodical basis.

The reason behind the popularity!!

In the choice of remitting money, convenience and flexibility are the most important attributes of chit funds. Hence, the number of people moving toward the chit fund has been increasing.

The table below helps in giving a clear understanding of chit funds and the reason behind the popularity.

Chit funds are popular due to its saving methodology. Though chit fund enables an individual to save and borrow money, the members are not liable to any tax divisions. These are the reasons why chit funds are popular.

In the saving perspective, many chit fund subscribers wish to make a huge amount of money at the end of every scheme. Do you know why they are depending on chit funds rather than bank deposits? It is because a sum of money can be aimed through periodic subscriptions through a collection agent.

For more details visit: Chit Fund Software Live Demo or contact us at toll free: 1800-200-1766 / 7397723052.

Do people have to pay less and get more in chit funds?

Chit funds is a very interesting process that gives the elapse of both saving and borrowing methods. The members of the chit fund can engage in spending a monthly amount which they will get back at the maturity date. There are more than 10,000 registered chit funds. Recently, many chit funds have been growing in the well organised way.

Coming to the question,

Do chit fund members get more in return when they pay less? The answer is everyone in the chit pays equally. But, the trick is when a member takes chit early, he/she will end up paying more. At the same time, when the member waits till the end, he/she will pay less and get more.

This is the mechanism behind the chit funds. Use it wise and bring many beneficial outputs using the best saving scheme named chit funds.

For more information and discussion click here : Chit Fund Software Live Demo  or contact us at toll free: 1800–200–1766 / 7397723052.

How does chit fund software work?

Having a chit fund software is like reducing your chit works half way. Chit fund software, a web-based application or a desktop application has been used by many chit fund companies in order to reduce the burden.

What does chit fund software brings in?

Mazechit, a chit fund application has been easing the accounting works of many chit fund owners. What is more about it? This is the prime question that strikes the reader's mind when they come across a chit fund software like Mazechit.

In reality, the chit fund application gives various advantages to its users through mobile integration. When you have multiple branches, Mazechit eases you with its diverse location access. It automatically sends reports to the mails and other phases. It also helps in payroll calculation.

Meanwhile, here are the enlisted features that has been offered by the chit fund software, Mazechit.

• Easy Access
• Software Usage
• Highly Secured
• Regular alerts
• Mobile App
• Custom - built

Easy access

Mazechit, a user friendly chit fund software enables the user to access their account anytime, anywhere. It can be implemented into your laptop, desktop, and other gadgets. If a company has multiple branches, the owner finds it easy to handle single access to information through Mazechit. Managing the business remotely increases the flexibility of the work.

Software Usage

Using Mazechit, the owner can handle accounts and work on it both online and offline. While the owner is in offline, they can also download files without any interruption. Even when there is no internet access, the software helps in handling the operations.

Highly secured

The software secures the information of the subscribers with high security. It ensures the confidentiality within the company. With the help of encrypted passwords, the information of the members remain safe for years. The information uploaded in the software will not be disclosed to anyone and none gains access to it.

Regular alerts

The main purpose of the software is to remind the users regarding the payment updates. As and when the members pays his/her instalment, he/she will be informed through message along with the receipt. Instant SMS alerts and email campaign helps the members to experience a smooth communication without any hassle.

Mobile app

Mazechit’s mobile app comforts the user with complete and quick coordination. Using the app, the chit fund owner can track down the chit fund collection agents, their location, and helps in follow up of their chit accounts too. The app also helps in paperless transactions.

Custom-built

As per the needs of the client, the software functions with its default facilities. As per customer’s preference, the option of customising the app is possible. The software has increased versatility to add or remove extensions.

For more details visit: Chit Fund Software Live Demo or contact us at toll free: 1800-200-1766 / 7397723052.