Lending System Essay

a. Description of the carcassAs the world moves a global warring and more complex electronic place, bundles of establishments electrostatic argon victimisation the old port of doing march. The outdo thing to consider is the assurance that the knobs are get the satisfaction of the services provided by the comp any and alike the creating each member a friendly environment.The vivacious loan or add transaction affect corpse of several(prenominal) related companies is just manually operated. It takes a few days or however weeks to be processed. This atomic number 50 be obsolete beca pulmonary tuberculosis of the mien of the computers, which could facilitate any transaction at fast-breaking rate. Actually the companies merely use computer for the documentations and non for their outline. In fact, they only use word and exceed which are generally used Microsoft office industrial plant and non a specific task.Thats why the computer does not avail them a lot to mak e their process hurried and accurate. Thus, the add corpse give provide a better way to facilitate those transaction and queries and overly the process fortuity in the company. Automatically checking the status of members/staff and clients are included that will prevent both of them to discharge a bunch of fourth dimension.In that case of impart dodging that will provide a expedite up in the process of transaction processes for bring companies.If the system will be successful the staffs or clerks will reduce the works and the clients will not be bored to wait until the transaction will finish. This can similarly aid the problem of technicalities and errors provided by the manual system, so it will be competent to them.b. Statement of the ProblemThe study attempt to roll in the hay if the computerise lending system can help the lending/loaning companies speed up the process of their minutes with their clients. This study need to answer the sideline questions.1. How helpful is a cybernate lending system to a company?2. How can a computerize lending system fasten the works of the clerk of a company?3. What are the possible disadvantages of using a computerize lending system?4. Is the time consumed by a computerize lending system faster than the manual one?5. Is the computations of computerize lending system more accurate than the manual computations?c. Objectives of the look at1. To make a functional lending system that can makes the work of employees easier.2. To build a lending system that can be use by most lending companies.3. To fasten the work of a companys clerks and all employees involved.4. To add some functions that is not usually seen at most computerize lending systems.d. Significance of the StudyThe significance of fashioning the manual system computerized is to fasten the works of the employees because of faster computations, faster transactions and better information storing by making the confidential transactions secured. It can also be used to see the information and transactions made by their clients.e. ScopeOur system can save and see the information of the clients, can be use the lending transaction function by most of the lending companies, can be use to see the transactions made by their clients. Our systems also have an authenticating procedure to limits the employees that can view the transactions.f. LimitationsOur system is only limited to be executed to a computer and cannot be run using any other devices like smart phones, tablets and old mannequin computers. Our system can have a server for multiple transactions using several client computers but cannot be use for online transactions.