Locus


High Levels of Automation

The Automated features enable you to save time, money, and manage complexity, as LOCUS handles:

  • Automated Signature/Photo on Counter Withdrawal
  • Automated Reporting - Don't wait around after work to run reports - teach the computer to do the work for you
  • Automated Updates at the correct time - you cannot forget or duplicate updates
  • Automated Repayment Protection Insurance Cancellation refunds, if member cancels within cooling off period
  • Automated SSIA Revenue Commissioner returns
  • Automated interest payments by cheque, Credit Transfer or Internal account transfer
  • Automated synchronisation with banking Partner for ATM information transfers
  • Automated Web Access and transmission of data
  • Automated Internal account transfers, including family member accounts, such as children accounts
  • Automated Delinquency processing, including Letters and Internal Messaging
  • Automated Cheque reconciliation
  • Automated Direct Debit Processing
  • Automated Cyclical Statement Production, including SSIA and any other Credit Union defined account
  • Automated secure on-line update of information
  • Automated hot restart in the event of system failure
  • Automated Alerts and Email and Text Messaging to Members mobile phone
  • Automated deduction, accounting and reconciliation of DIRT

 

 


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