This is a general problem which each and every broking firm is facing. The only solution to this problm can be :
-Only limited access to the RMS software. Each and every employe must not have access to this system to do entry of cheques and payment collection. -Employees having access to it will be liable for any wrong information entered. -All Franchisee and Branches have to maintain there outstanding details from clients and they also must have a credit limit set before hand. -Must maintain 20% of cash margin all time so that the loss can be minimised. -Franchisee and Branch Manager will be answerable for loss occuring from there client base.
