1. Few Dealers and managers trade themselves on behalf of the clients to favour them in turn getting huge benifits. This should be stopped strictly. Internaly they may be culprits too. 2. Proper Software and the hardware (Firewalls) Should be used to protect confidencial matters of the company such as the internal entry sheets and trade details. 3.T2 Structure should be continued as it is and cheque entry should happen on day to day basis in accordance with the branch trade statistics. 4. Cheque number entry should be attested with the scanned copy of the cheque and comments. 5.There should be proper guidelines and prerequisites to the public to become a client.
RE:SOLUTION
by praveen mishra on Mar 07, 2007 06:02 PM Permalink
There are many loopholes in the system as mentioned in the case study. so its important to i) update the software where all these cheque details are entered to avoid insufficient enteries. ii) The appraisal of the branch managers should not be only on business generated, they should be given some target for cheque collections also. iii)The credit for a client should not given until cheque image is uploaded along with the details like cheque no.(in full), date, bank name and amount.
RE:SOLUTION
by praveen mishra on Mar 07, 2007 06:03 PM Permalink
There are many loopholes in the system as mentioned in the case study. so its important to i) update the software where all these cheque details are entered to avoid insufficient enteries. ii) The appraisal of the branch managers should not be only on business generated, they should be given some target for cheque collections also. iii)The credit for a client should not given until cheque image is uploaded along with the details like cheque no.(in full), date, bank name and amount.
