access to specific details associated with a syndicated loan.

In addition to the

options associated with the general structure of a syndicated loan, the system and

methodology coordinate the capitalist receiver and resource information. Users

access the system with varied levels of permissions to look at, add, update or

delete info per their assigned permissions. The system permits multiple users to

access the data for economical handling of approvals and requests associated

with multiple investors and borrowers. Additionally allowing them to handle

establishment changes and notifications. The system and methodology keeps a

record of all transactions, changes for review and reportage. The administration of

syndicated loans group is simplified where providing

advanced options like support for loan of commercialism. (Edmund H. Loui and

Michael X. Campbell, 2009)

According to Kent Lefner and Susan Zabran about the “Credit approval

monitoring system and method” a credit approval observation system contains the

info system storing credit files for shoppers. The observation process system

monitors credit reports of subscribing shoppers and transmits messages indicative

of changes in a very subscriber’s credit report. A screening process system

screens credit reports to see if credit candidates satisfy choose criteria. A

watch process system is operatively related to the observation processing

system and also the screening processing system for sporadically requesting the

screening processing system to see if the credit report of a pick shopper satisfies

the select criteria and causation the determination to the monitoring processing

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system to apprise the select consumer if the screening processing system

determines that the credit report of the select consumer satisfies the select criteria.

(Kent Lefner and Susan Zabran, 2010)

Lately, assessing the effectiveness of the Web-based Management Information

System (WBMIS) from the perception of the employees such as educationalists is

increasingly needed as it has important contributions to organization. Therefore,

the primary focus of this study is to develop an assessment model to evaluate the

effectiveness/net benefits of WBMIS from the developmental vision of

educationalists which in turn positively affect the whole education process. (Kamal

AlHendawi, 2013)

Management Information System (MIS), The benefits of using MIS to handles

such tasks in student affairs as degree checking, classroom scheduling, transcript

processing, and financial aid processing is now realized and appreciated by

college or university administrators. This paper will briefly define MIS, and the

impact of MIS on student affairs will be discussed. This paper also reviews past

and present MIS applications, and suggests some possible future trends in the

area of the student affairs. (David E. Johnson, 2014)

Related Studies

Foreign

Computerized system and method for qualifying mortgage loan clients is a

computerized system and method for qualifying mortgage loan clients over the

internet. The invention uses client-server technology to allow a designated broker

15
and client to qualify for conventional and non-conventional source of mortgage

loans. The computerized system is tied into credit bureaus, title companies and

borrower and seller public records and combines this information with client

entered data on a matrix or smart loan application (M.A. Gallina, 2003).

Similarities: The study uses a client-server technology and computerized system

for loan clients.

Differences: The study is loan for clients to allow a designated broker and client

to qualify for conventional and non-conventional source of mortgage loans, while

the proposed is for Loan Company but only in one company.

On the research named Loan Service by Claire Plarisan, the cooperative focus

proposal automation is designed to determine each member's cash flow and

credits. The system will secure members profile where the system can give

individual inventory of each member. The system can generate member’s

statement of accounts and dividend of profit sharing for members. The system is

limited to perform online and to observe confidentiality of the accounts. The

member's access to the system is restricted, so this only enables the administrator

to run the Loan Management System. (Claire Plarisan, 2014)

Similarities: Similar to our system, the research is controlled.

Differences: The study has no online accounts monitoring while us propose has

that can the admin monitor accounts thru internet connection.

Computerized system and method for establishing a network of loan

participation among network member pluralities. The network member shall

16
complete application form with the member data and loan criteria, which are used

to establish a loan participation database. When a network member has a loan

participation opportunity, e.g. a borrower requests a loan from with a loan data for

the loan participation opportunity. (Cossette, 2013)

Similarities: the study goes through a world of loans and has a database that can

hold data about the borrower.

Differences: the study is a computerized system for creating a network of plurality

of network participants to participate in loans, while our scheme is a computerized

scheme for credit banking that will secure and handle the borrower account.

The FAS provided lending system is by far one of today's largest offers on the

industry. The foundation system is intended to manage conventional funding;

however, various customized alternatives enable the bundle to be customized to

satisfy requirements varying from funding, building credits, mortgages, agriculture,

business, rental, pupil, and lease / loans. With 12 distinct kinds of operations and

over 100 accounts accessible, the capacity to manage all credit operations

efficiently is included in the foundation system. Customer data is allowed for one-

time registration and can then be linked to various credits. (Study Moose, 2019)

Similarities: This study both have one time registration of the customer.

Differences: This research is the biggest bid firm while the suggested one was a

small business.

17
 On the study of Target Integration provides web based business management

applications mainly, CRM & ERP Systems. They specialise in automating your

business process using innovative technical solutions. (Arun Kumar, 2019)

Similarities: The research and the suggestion are both online.

Differences: The study has CRM (Customer Relationship Management) and ERP

(Enterprise resource planning) System while the proposed doesn’t have that

feature.

Local

A web-based Quick Loan Notification Thru Android for Carig Pawnshop and

Lending investor Incorporation is an automated Quick Loan-Loan system that has

the system's function use an Android device to notify the client.

(Karla A. Daco et al., 2017)

Similarities: The study and proposed are both Online-based.

Differences: The study has the feature that the system can notify the clients via

android while the proposed doesn’t have that feature.

The Study entitled Online Based Loan Management System with Client Account

Monitoring opted to help the borrower regarding their loan process thru paper-

based. The new system is designed to benefit the borrower and lends himself in

his process and loan facilities such as maintaining files. The study aimed to

provide borrowers and lenders an access to make monitoring, listing, and

18
collecting money become easy, modernize and manageable regarding the system.

(Josemarie Ladia et al., 2018)

Similarities: The study and propose is Online Base Loan Management System.

Differences: The study is to help the borrower regarding their loan process thru

paper-based while our proposed system is with SMS and Email notification.

RGT Lending Investor Inc. is taking the research to assist employees and

employees decrease their job. The new system is to reduce the amount of time

being consumed on manual processing of the transaction. The objective of the

research was to provide investors and lenders with links to record data, improve

employee and customer transaction rates and improve service quality. (RGT,

2016)

Similarities: The study is controlled and online-based, similar to our system.

Differences: The study have a rates of customer and staff while the proposed

doesn’t have.

The study entitled automated record Management System of Coco life

Insurance Company, and revolve in determining the benefits and advantages to

be derived in the automated record Management System. Specifically, it looks like

the manual system that has the following procedures in filling records: keeping,

storing and retrieving files. (Tenoso & Ligayo, 2004)

Similarities: The above mentioned study is somewhat similar to the present study

with regards to managing records of the client.

19
Differences: The proposed study has the feature that the clients can view their

transaction records via internet while the above mentioned study doesn’t have that

features.

The Study deals primarily with who conducted automation operations while

giving new loans. It maintains records of different types of loans, their clients and

monthly instalments. All the master records of the loan automation system like loan

type, loan percentage, city and state are maintained by admin of the organization.

Customer file submission is performed by the employee of the company together

with his information and the sort of credit requested for. Project of Loan

Management System. (Hector, 2016)

Similarities: the study deals in keeping the record of the customer and their

monthly instalment and all record of the customer are maintained by the admin.

Differences: The study have no notify to their client while our proposed system

have SMS and Email Notification.

Synthesis of the study

The researchers based on their system design of the related studies mentioned

and described on the previous section although developing a higher version of

computerized Lending Management System through SMS notification adding

Email notification for the creditors, we will assure that they always updated to

transactions via SMS and Email notification. The proposed system focuses on the

accuracy of data, efficiency of the software and reliability of the system resources

and functionalities however maintaining the quality of service in terms of speed in

20
accessing the retrieving data from the system. It also provides a higher level of

security that eliminates data redundancy, time fraud and unauthorized success by

providing unique identity of the users.

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