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Banking and Financial ERP

Banking ERP 
Financial ERP

​Our comprehensive Banking ERP solution efficiently manages all aspects of banking operations, providing a seamless experience from customer onboarding to transactional management. Unlike other solutions, our Financial ERP platform eliminates the need for third-party software, allowing all your bank's requirements to be addressed within a single, integrated system. This consolidated approach not only streamlines operations but also removes the complexities associated with juggling multiple systems or integrating different software. Moreover, the user- friendly design of our system guarantees efficient and seamless services for both employees and customers. Our Banking ERP and Financial ERP solutions provide a unified and streamlined banking experience, ensuring optimal functionality and customer satisfaction.

Pink Cream

"Unleash the Power of BankMill Magic ERP with its Comprehensive Range of Modules!"


Core Banking:

  • This module manages all the core banking functions such as account opening, deposits, withdrawals, and other transactions. All account types such as CASA, Deposits, Loans, CC/OD, Remittances and Lockers are supported.

    • All entries done are automatically reflected in Company Accounting and Customer Relationship


Business Intelligence (BI) and Analytics:

  • To provide data-driven insights into the performance of the bank (At individual resource level such as Employee, Employee Group, Branch, Account, Customer Groups and each Product) and support informed decision-making.

    • Holistic view of the bank can be seen by the management. Various performance indicators take data from different modules and give accurate data


Delivery Channels:

To provide customers with secure access to banking services through mobile and online channels which use the same engine for front and backend as used by the remaining application to provide a singular experience to all stakeholders in the bank. Additionally all required delivery channels are supported.



  •  Support for multi-currency is available in the ERP.

    • Ensures correct mark to market position of data


Risk Management:

  • This module helps the bank manage various types of risks such as credit risk, market risk, and operational risk.

  • Allows management of risk across all modules

  • Allows handing inter-modular risk


Report Generation:

  • This module generates various reports such as financial reports, management reports, and regulatory reports.

    • Inter-modular reports can be generated


Supply Chain / Inventory Management:

  • To manage procurement, inventory, and distribution processes.

    • Once inventory is purchased in accounting, it automatically becomes a part of inventory management

    • If inventory is discarded, sold or lost, impact is shown automatically in company accounting


Treasury Management:

  •  This module manages the bank's treasury operations such as Financial investments, borrowings and liquidity

    • Treasury manager can use CBS to identify float

    • If there is a need for cash, borrowings can be done directly

    • Brokerage/processing fee does not need to be entered again into company accounting



  • This module manages the bank's financial accounting and reporting.

    • Balance Sheet of entire bank is reconciled from each module and transactions

    • No banking transactions need to be entered in accounting module and no accounting transactions need to be entered in CBS


Customer Relationship Management (CRM):

  • This module helps to manage customer interactions and relationships including the concept of a Relationship Manager. New products can be sold to the customer from this module.

    • Allows relationship manager to open accounts or issue cards as per conversation on call with customers


Fixed Asset / Depreciation Management:

  • This module manages the bank’s fixed assets. It provides support for both the Income Tax (Straight Line Depreciation) and Company Accounting (Accelerated Depreciation) based depreciation.

    • Whenever an item is purchased/sold, entry only needs to be done once. All details are available for ROC and Income Tax


Human Resource Management (HRM):

  •  To manage personnel and workforce management, including payroll, benefits administration, leave sanction and appraisal management.

    • Allows human resources of the bank to request for loans directly


Loan Origination System:

  • This module manages loan request entry, loan workflow, disbursal, repayment, and interest calculation. Different charges and NPA is also managed.

    • Same data doesn’t need to be entered into CBS once loan is sanctioned


Recovery & Legal:

  • This module helps the bank recover the sub-standard and NPA loans including tracking legal progress.

    • Recovery module gets automatically updated through CBS

    • Recovery agents can use the same software to do receipt transactions


Support Management:

Trade Finance:

Treasury Management:

  • This module allows customer issue management with Ticket Issuance, SLA, Problem Solution Workflow, and Customer Notification support.

    • Single support person can read and check issues

    • Different departments can log support issues


Trade Finance:

  • This module manages trade finance operations such as Letters of Credit and Bank Guarantees.

    • No need to do re-entry as information is available to all module

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