Design and Implementation of Electronic Cash Control System

DESIGN AND IMPLEMENTATION OF ELECTRONIC CASH CONTROL SYSTEM

Background of the study

This Seminar/research work would be developed for lending firms which still make use of books to take records of their clients who come to loan money and pay interest on a monthly basis. The proposed system would provide easy to use graphical user interfaces for their entire operation process. This service is only open to both clients and the lending firm.  The project has been planned to be having the view of distributed architecture, with centralized storage of the database. The main idea in this work is the design and development of an electronic cash control system for a lending firm.

Abstract

The main idea in this work is the design and development of an electronic cash control system for a lending firm. The financial institutions tend to break the burden of the contemporary bank protocols and constraints in offering loans to small scale businesses and individuals.  The banks require collateral even from small scale investors. The function or role of a lending firm in our contemporary society is to lend money to individuals who don’t have the credit status or are not qualified for normal conventional bank loans. This software is developed to convert the paper base and single user operation to an interactive and online transaction. The adopted methodology is the Structured System Analysis and Design methodology (SSADM), and the programming language adopted for this project is PHP. The application was developed using Adobe Dreamweaver. MySQL was used for the database design.  This cash control software for lending transactions creates a centralized storage of the database for information and also provide data integrity with security protection. It allows individual customer to apply and fulfill all transactions online.

1.1    Problem of the Statement

The function or role of a lending firm in our contemporary society is to lend money to individuals who don’t have the credit status or are not qualified for normal conventional bank loans. The lending firm still operates on a paper basis and with the global move to a computerized economy; the lending firm should also embrace the move or change. This is the need for carrying out this research work/study.

1.2    Research Questions

How can we contribute towards improving the standard of the lending firm?

What has been done to improve the situation or standard?

1.3    Objective of the Study

The aims and objectives of this research work are as follows:

• Design and develop a cash control software for lending organizations transactions only
• To create a centralized storage of the database for information
• To provide data integrity by providing security protection, that would minimize tampering of information of records.

1.4    Scope of the Study

This research work covers only the cash aspect or area (monetary transaction of the firm) and is aimed at providing information retrieval to both the lender and the lending firm easier and faster. It also helps in eliminating the paper way of conducting business and moving them into a nearly complete paperless technology. This work does not include personnel payroll and others.

TOPIC: DESIGN AND IMPLEMENTATION OF ELECTRONIC CASH CONTROL SYSTEM

Chapters: 1 - 5
Delivery: Email

Number of Pages: 70

Price: 3000 NGN

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