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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

SERVICE SYSTEM - a newly developed loan software designed for Windows featuring a user-friendly graphical interface for point-and-click functionality, which includes tools for calculating interest based on both fixed and variable rates, generating customer statements, processing payments, managing aged receivables, and providing delinquency reports alongside customer notifications. Additionally, it offers features for notes and comments with follow-up triggers, as well as detailed collection reports and inquiry displays, ensuring that users have access to a complete loan account history from inception to payoff. The software also facilitates payoff worksheet calculations that account for prepayment penalties, assesses late charges, manages payment reversals, and generates 1098 tax forms, while enabling investor tracking with distribution payments and 1099 tax forms. Moreover, it seamlessly interfaces with loan origination systems, general ledger software, Excel spreadsheets, report writers, and custom applications, while supporting Credit Bureau reporting in the standard metro2 format. An ACH interface is included for automatic deposit of payments, and users can create customized, professional-grade color forms incorporating the company logo, remittance address, and contact phone number. Overall, this comprehensive software solution streamlines the loan management process for financial institutions.

API Access

Has API

API Access

Has API

Screenshots View All

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Screenshots View All

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

Twenty-First Century

Country

United States

Website

www.21stcenturycompany.com

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

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