The core functions of Bank have been computerized and most of the systems have been integrated with the Banks ERP platform (SAP). The implementation of SAP in the Bank, at present, comprises of the following modules:
Finance and Control (FI/CO): It consists of two sub-modules namely Corporate Finance Management (CFM) and Consumer Mortgage Loan (CML).
- Corporate Finance Management (CFM): It covers three business areas namely Financial Accounting, Resources Operations & Treasury Operations.
The Financial Accounting activities covered company creation, chart of accounts, the normal general ledger postings, vendor creation and posting, asset creation and posting, cheque creation, maintenance and posting, accounting of TDS, consolidation of balance sheet, open items management and generation of various reports. Proper authorization & controls are built into the system.
The system for Resources Operations covers the functionality of resource raising and accounting activities at the Head Office (HO) and the settlement function at Mumbai Regional Office (MRO). The system also posts the accounting entries pertaining to the transactions and provisions automatically and generates a number of MIS reports.
The system for Treasury Operations covers the functionality of front, mid, back-office functions at HO and the settlement functions at MRO. The system posts the accounting entries pertaining to the transactions, provisions and coupon/interest receipts automatically and generates a number of MIS reports.
- Consumer Mortgage Loan (CML): It covers two business areas namely Project Finance & Refinance Operations.
The system for Project Finance Operations covers information about the borrower, monitor the sanction limits and disburse loan amount with various terms and conditions associated with the loan. The system posts the accounting entries pertaining to the loans, provisions and receipt of repayment/ prepayment automatically. The system also generates a number of MIS reports.
The functionality of Refinance Operations is similar to that of Project Finance except for some additional customization and development.
Human Resource & Development (HRD): The HR module includes payroll, reimbursements, leave account maintenance, training and tour management. The entire customization is done through Human Resources Management (HRM) module of SAP.
Software package consists of approximately 250 forms and 250 reports.
Bank is interested to procure & implement a 3rd party Language Conversion Software Solution which will facilitate complete conversion of input into and output from the existing SAP software into target language (at present in Hindi) without changing/accessing the source code/database of existing software application.