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Web-based Fund Collections System

Journal: International Journal of Sciences and Applied Information Technology (IJSAIT) (Vol.13, No. 3)

Publication Date:

Authors : ;

Page : 6-11

Keywords : payment system; fund collections system; web-based system; data visualization; office automation; business process automation;

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This system streamlines parts of the manual process of receiving client payments in a military organization's Accounting and Finance offices in one of the Municipalities of the province of Zamboanga del Sur, Philippines. The current system of accepting payments as funds is the usual manually performed fund collection whereby clients will hand in their bills, pay the required amount, and get an official transaction receipt. The finance office then takes the carbon copy of the issued receipt as a backup for the performed transaction. With the deployment of this system, the Accounting and Finance offices have eliminated the challenges present in the current process through a web-based interface that integrates both offices to process payment transactions, which are now managed digitally. While it is important to note that this system does not entirely run online and does not deploy a live website where clients can settle their transactions using a digital payment method, it is worth noting that this system has eliminated parts of the required business processes in handling the payment transactions that are manually operated from the issuance of an order of payment, processing the payment, and finally the issuance of transaction receipt. This system also interprets payment transactions and projects a graphical report through data visualization to produce significant information, such as daily and annual perspectives of fund collection. These innovations not only automate office transactions but also transform the transaction efficiently for the organization and its client

Last modified: 2024-06-17 19:12:27