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BankNext

Next generation solution for Co-operative banks

Inexoft has developed a wide range of banking solutions to modernize the business functions of the rural credit co-operative banking segment which is a dynamic mechanism and an integral part of the Indian financial system. The release of BankNext is one among them. This solution is a comprehensive banking solution that empowers banks to provide a wide range of business functions including maintenance of correct book of accounts, managing assets and liabilities, online customer support, management of back-office processes and generation of accurate financial reports. BankNext exploits features of the Component Object Model and it incorporates object-oriented architecture. The software provides quick and comprehensive MIS reports and various conciliatory reports that can be generated at end of the day.

As a centralized full fledged banking application, the system provides total branch automation customised to fit Indian banking conditions. The application has strong security and encryption technologies to provide a secure transaction environment. Customers can perform diverse functions depending upon the type of accounts. The Bank will meet the financial needs of customers in a convenient and cost effective manner while providing international standards of service.

Key Features

  • Centralized corporate lending solution
  • Deposits
  • Cheque Management
  • Cash Credits and Overdrafts
  • Guarantee Fund Account
  • Thrift Fund Account
  • Inward & Outward Clearing
  • Inter Branch Reconciliation System
  • Absolute accounting integrity and security
  • Society Profile Maintenance
  • Regional Language support for MIS and Reports
  • Photo and Signature Scanning Facility
  • Members / Staff Identity Card printing
  • Compatible with advanced technology devices such as bio metric devices