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Description

EasyInterest is a powerful, flexible tool designed to help small business owners get paid on time by automating the calculation and application of interest on overdue accounts. Manual interest calculations are often tedious and slow, but with EasyInterest, the entire process can be completed in under 15 minutes. The tool integrates seamlessly with popular accounting platforms like Xero Accounting and Sage Cloud Accounting South Africa through real-time syncing. Users can customize interest rates to suit their business needs and apply charges in bulk, reducing administrative workload. Additionally, reversing previously applied interest is quick and straightforward, making the software adaptable to changing situations. EasyInterest helps businesses maintain cash flow by simplifying late payment management. Its user-friendly interface ensures that even non-accountants can use it effectively. This solution saves time and improves financial control for small businesses.

Description

The Execamort Loan Amortizer Plus is designed for user-friendliness, enabling you to quickly generate precise and visually appealing loan amortization reports. It calculates the annual percentage rate (APR) with remarkable accuracy, down to the fourth decimal point, for both fixed-rate and adjustable-rate loans, taking into account points, fees, prepaid interest, additional payments, and balloon payments. The software offers the flexibility to customize default settings according to your organization’s specific practices, enhancing its versatility. You can also make additional payments that can apply solely to the principal, combine principal and interest, or consist of extra payments that do not impact either the principal or interest balances, such as PMI or escrow fees. Furthermore, it features an automatic function to determine interest rates on graduated payment loans over a specified fixed period, making it a comprehensive tool for financial management. With its array of features, Execamort ensures that all your loan amortization needs are met efficiently and accurately.

API Access

Has API

API Access

Has API

Screenshots View All

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Integrations

Sage Accounting
Xero

Integrations

Sage Accounting
Xero

Pricing Details

$11/month
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

EasyInterest

Founded

2022

Country

South Africa

Website

www.easyinterest.co.za/

Vendor Details

Company Name

Electrosonics

Website

www.electrosonics.net

Product Features

Product Features

Loan Servicing

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

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