Preview

Loan monitoring system RRL

Powerful Essays
Open Document
Open Document
6033 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Loan monitoring system RRL
2.0 RELATED LITERATURE 1.(http://www.oum.edu.my/oum/v3/download/CBAD2103.pdf)
In this age of information, almost all fields of endeavor such as education, manufacturing, research, games, entertainment, and business treat information systems as a need. Indeed, every activity in our daily life today requires people to get involved in the use of information systems. Many organizations today use information systems to offer services with greater satisfaction to customers, to access a wider range of information, to handle Business changes at a greater speed, and to increase the productivity of workers. Based on a number of researches, an effective information system should be able to exceed customer expectations and fulfill business needs.
As such information technology, a subset of information systems, has become the prime reason for the success and failure of a company to compete in business. This illustrates the impact of information technology on business operations today. As a result, designing an information system of high quality is important so that organizations can compete successfully in the global market.
In Lending institutions, having an automated Loan System that store,update,retrieve and monitor data efficiently and faster is an edge to be more competitive and progressive in their business.
In this chapter the researchers highlight on the study of the concepts concerning the processes of the system and similar studies related to the system.
2.1 Concepts
2.1.1 What is Information System ? 2(http://en.wikipedia.org/wiki/Information_systems#The_discipline_of_information_systems)
Information system (IS) is the study of complementary networks of hardware and software that people and organizations use to collect, filter, process, create, and distribute data.
The study bridges business and computer science using the theoretical foundations of information and computation to study various business models and related algorithmic processes within a



Links: 5(Effy Oz, (2002) International Student Edition,Management Information System, #rd Ed Pp. 21-23) 6http://publib.boulder.ibm.com/infocenter/txformp/v6r0m0/index.jsp?topic=%2Fcom.ibm.cics.te.doc%2Ferziaz0019.htm 7(Effy Oz, (2002) International Student Edition,Management Information System, #rd Ed,Pp. 21-23) 8http://www.prenhall.com/divisions/bp/app/hoffer/student/supp2.html 11(Miravite, 1976, Rural Banking in the Philippine 3rd Ed.,Pp.2) 12(Miravite, (1976) Rural Banking in the Philippine 3rd Ed.Pp 13 (Miravite, (1976), (1976) Rural Banking in the Philippine 3rd Ed.Pp. 168-179) 14http://hiring.monster.com/hr/hr-best-practices/recruiting-hiring-advice/job-descriptions/loan-officer-job-description-sample.aspx .17https://www.fnblg.com/custom/fi/fnblagrange/fb/disclosure/Loan-Operations-Manager.pd 18 (Miravite, (1976) (1976) Rural Banking in the Philippine 3rd Ed.,Pp 21(Orpiano, (1976) Rural Banking in the Philippine 3rd Ed.2012, ,Pp 35-39) 22http://www.topschoolinc.com/solution/student-information-system/enrollment-management.aspx

You May Also Find These Documents Helpful

  • Better Essays

    CMGT 445 Week 2 IA

    • 814 Words
    • 3 Pages

    Most successful businesses have at least one, if not more information systems in use. These information systems could be used for anything from tracking personnel to tracking supplies. These information systems present potential problems to the information technology staff. Information systems can be complex and difficult to manage or rather simple to use and maintain. One thing is for sure, all information systems pose their own unique set of issues for those managing them.…

    • 814 Words
    • 3 Pages
    Better Essays
  • Good Essays

    Information technology is known as "the study, design, development, application, implementation, support or management of computer-based information systems. There are many systems that an organization uses on a daily basis from Management Information Systems (MIS), to Transaction Processing Systems (TPS), to Decision Support Systems (DSS). In today’s society those systems are the vital parts of an organization’s survival. IT systems are the backbone of an organization’s operations and without them organizations fall short of providing services. They drive all of the daily tasks, store files and data, provides solutions to problems, and give competitive advantages.…

    • 712 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Inf 220: Is Principles.

    • 1851 Words
    • 8 Pages

    Information systems have had a great impact on today’s businesses, culture and society. They have changed how people do business, how corporations manage their resources, and among other things, how firms interact and compete with each other. This paper will address several questions concerning information systems, their origin, their future, and their present. This paper will define and describe information systems, and how they impact both employees but also different departments and functions. It will also show how problem solving is involved in developing and implementing information systems.…

    • 1851 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Information systems are the collection of hardware and software network, data and procedures that people and organisation use for the information storage and retrieval procedure. It also helps improve efficiency and effectiveness of an organisation.…

    • 1448 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Information technology are a very big part of any business operation in today’s world. It is what will help a business run smother and faster. IT gives the competitive advantage over business that are still operating in ways that don’t involve computer systems and more technology. There are three fundamental roles of information systems that must be placed for the business to be successful.…

    • 1037 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    An information system is interrelated components that collect (or retrieve), process, store, and distribute information to support decision making, coordinating, and control in an organization. In addition, information systems may also help managers and workers analyze problems, visualize complex subjects, and create new products…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The information system is the combination of software, hardware, data, people, and procedures. In a broad sense, the information system is used to refer not only to the information and communication technology (ICT) that an organization uses, but also to the way in which people interact with this…

    • 1301 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    study guide - chapter 1

    • 2043 Words
    • 9 Pages

    An information system is an arrangement of people, data, processes, and information technology that interact to collect, process, store, and provide as output the information needed to support the organization.…

    • 2043 Words
    • 9 Pages
    Satisfactory Essays
  • Good Essays

    Information Use

    • 777 Words
    • 4 Pages

    In today’s business environment information is the most important asset a business has, this information helps to support, maintain, develop and track its daily activities. The next logical step is implementing a system that is conducive and geared towards this goal. With the help of its information system, and its information technology department, managers, sales people, the operations department and others with access to this information have a handy tool to help them do their work on a daily basis. The structure of the information system is paramount on how accessible this information is to the people that depend upon it to complete their normal workday. The managers and IT department work closely together to agree upon and decide on an information system that will be feasible to the business itself, thus setting up a system that will be beneficial to the business itself.…

    • 777 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sky Dive Chicago

    • 818 Words
    • 4 Pages

    A good information system with information resources pertaining to the organization is very important. When an organization is considering an information system for the betterment of the company, many aspects have to be considered. Many benefits to an information system include…

    • 818 Words
    • 4 Pages
    Good Essays
  • Good Essays

    But the application will first give an assessment to the customer before proceeding to the bank online. Customers has been complaining of the rigorous processes their loan papers usually go through before the loan finally get to their hands. So the application will seek to have only eligible customers coming to the bank with their full documents after the assessment. Once loans are applied for the credit officer will then package the loan for approval to the immediate boss who rejects or approves such. the loan package are then send to the legal unit and to the MD or designated officer for final approval…

    • 615 Words
    • 3 Pages
    Good Essays
  • Good Essays

    clinic management system

    • 4082 Words
    • 17 Pages

    An information system offers a litany of benefits that help to make the process of managing information easier. Central access, easy back up, central distribution of information, easy record keeping, as well as easy customer trait identification, are just a few of the benefits offered by an information system. Central access means all organization members have one point to access all organizationally public information and increases efficiency. Having information in a variety of locations can be cumbersome and cause information to be overlooked. With easy back up, the chances of lost data are decreased and organizational staff will tend to back up more regularly as the system is easy to navigate. To receive the greatest benefit overall, it is important to understand that it is an adaptable tool that should progress as…

    • 4082 Words
    • 17 Pages
    Good Essays
  • Satisfactory Essays

    Loan Management System

    • 643 Words
    • 4 Pages

    This is to certify that Dissertation entitled “Loan Management System” submitted by Ritesh Raikwar is approved as partial fulfilment for the award of Bachelor of Computer Application degree by Devi Ahilya Vishwavidyalaya, Indore.…

    • 643 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Palawan State University College of Business and Accountancy Official Borrowing Record Program Database is a program that is use to record, store and print information associated for recording purposes. It consist features like creating profile of the borrowers, stores information and makes a hard copy for the records. It includes history of the past transactions in able for the user to look over the general information of the previous borrowers and data about the time and date of dealings. Separates data for the reservations, claiming and returning of borrowed item in order for the operator to distinct the dealings of the person for every category. Records are inscribed. Allows user to easily scan and viewed the data and uses it in special purposes. It organizes the records in appropriate manner that can be easily understand by the user and…

    • 999 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Ism-Course Handout

    • 1298 Words
    • 6 Pages

    Course is designed to impart knowledge on functioning, building and management of information systems. It equips students with modeling and analytical skills to meet challenges of dynamic business environment.…

    • 1298 Words
    • 6 Pages
    Good Essays