Comprehensive Loans Management Solutions with Precision and Agility. Empower Your Financial Future.
MIP delivers the most advanced lending software and loan management solutions, designed to streamline and automate your entire lending process with precision and agility. Our cutting-edge loan management system enhances efficiency by automating business processes, ensuring seamless loan origination, credit risk assessment, collections management, and compliance tracking. As the leading provider of loan automation software, we empower financial institutions with the technology to optimise operations, reduce risk, and accelerate growth. Partner with MIP for a complete lending solution that keeps your business ahead in the ever-evolving financial landscape.
MEET OUR TEAM'S MANCO
Unsecured Lending
Personal Loans
Payday Loans
Revolving Credit Facilities
Micro Finance
Our Solutions
Our loan management system provides an ecosystem that covers all aspects of running your financial service organisation effectively.
Secured Lending
Home Loan
Vehicle Finance
Asset Finance
Innovation and Risk Management are Critical to your Success
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Designed to handle unique credit product requirements
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Advantage of leveraging parameter driven capabilities to deliver credit products quickly to be responsive to market trends.
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Benefits of a fully digitised frictionless onboarding process.
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Integration with most Credit bureaus, enabling a seamless automated vetting process.
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Customer administration functions take place online, in real time, via an interactive, web-based front-end.
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Customer self service capabilities via the web or app.
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Operates in multilingual, multinational and multi-currency mode.
Product Management
Leverage off parameter driven capabilities to deliver credit products quickly to be responsive to market trends. Our capabilities effectively run in both South African and rest of Africa legal spectrums. Therefore, we are fully compliant with the NCR.
Loan Origination
Fully digitized frictionless onboarding processes through effective mobile phone applications or web front end. MIP Lending boasts a Decision Engine that can handle complex data exchange capabilities that are integrated to Credit bureaus, enabling a seamless automated vetting process.
Legislative Requirements
We have extensive experience servicing the South African credit Industry and managing risk, our clients comply with the National Credit Act [NCA] FICA / KYC / AML processes and enjoy the peace of mind that customer information is always protected as prescribed by POPIA.
Loan Security
Extensive and integrated property and bond data functions to facilitate accurate exposure management, including a powerful search engine, valuation data, property details, movable asset and sundry security details.
Client Maintenance
All client administration functions take place online, in real time, via an interactive, web-based front-end. Search engines provide one-stop access to all client information, allowing users to effectively deal with client queries.
Account Maintenance
All transactions and their effects are immediately available for enquiry and further processing.
Disbursements & Collections
Supports loan disbursement in real time or subject to banking hours (Via API or Batch). Online management of due payments, projected receipts, and age analyses which ensures regular reviews of all loans.
Automated Month-end
Automated month-end process to streamline the financial closing activities that take place at the end each month. Automation leads to efficiency gains, a more robust control environment, and ultimately, better financial management.
Management Information & Reporting
Statutory returns and SACRA submission requirements are included. Our Big Data team provides access to in-depth Business Intelligence reporting streams with adaptable dashboards to keep track of your Key Performance Indicators.
Access Control & Audit Trail
Standard or individual access profiles for administrators, managers, and lenders facilitate the management of dynamic and auditable menus with access down to account and field level. Full before and after detail of data changes (including detailed staff, date, and time information, etc.)
System Features
CONTACT SALES
Lending
Trusted by:
Johan Potgieter – MD Acravest
MIP is a reliable and innovative technology partner, that enables our business processes to continuously improve customer satisfaction. Changes in functionality to fit in with our needs takes place within a strict governance regime, providing peace of mind and system stability. Their solutions are tailored to our specific needs and challenges. MIP's support team is always responsive and helpful, and they constantly update and enhance their offering to meet the changing demands of the market. MIP is a great partner and we recommend them to anyone looking for a system provider that can deliver quality and value.
Sean Olfsen – COO Mcubed employee benefits
The use of the MIP system has allowed mCubed to continue providing our unique market offering in the Retirement Funds Industry. The MIP system is completely customisable, allowing mCubed to better the service provided to our clients without having to change our internal process and procedures. The system has enhanced our offering, not changing it to suite the system.
Mirinda Francis - Senior Accountant: Funds RandWater EB
MIP system has made it easy to administer our retirement fund. The integrated administration and financial solutions it offers has contributed to seamless administration.
Web functionality has provided efficiencies as processes can now be conducted even from the comfort of your “home office”. MIP Online for members had added much value to the member experience.
The Team’s excellent client service is much appreciated.
Mali Ndyoko - IT Manager: Old Mutual
Working with the MIP team has been fantastic. What sets the MIP team apart is how they react to technological problems when they occur. They always take issues seriously and solve them quickly, which has helped our business a lot.
I also appreciate how much time the team takes to understand our unique needs. We have a special business model, and they always find creative ways to support us. We're currently working on a big project together, and so far, the team's interaction has been exceptional, and I have no doubt that the project will be a success.
Awie de Swardt – Managing Director Futura
Our partnership with MIP spans the past ten years. The system’s features have allowed us to provide our customers with accurate and timely data resulting in improved customer satisfaction and trust. Together we have achieved remarkable milestones over almost a decade. MIP have strengthened our customer relations, ensuring exceptional service delivery and long-lasting client partnerships. Their exceptional service and commitment to customer relations have surpassed our expectations. We appreciate their prompt responses, clear communication, and personalised support, making us feel valued and confident in our partnership.
Case Study
• Genesis has been a client of MIP since 1997 as the longest standing client.
• Genesis is one of the clients that has perfected the art of self-administration using the MIP system.
• Genesis is one of the schemes with the highest reserves per member in South Africa.
• Genesis has managed to keep their subscription increases the lowest of all schemes in the last five years.
Case Study
• Umvuzo has been a client of MIP since 2004, they started with no members and grew their base to 91,500 beneficiaries in the past 20 years.
• Their staff count is one of the lowest using the MIP system capabilities
Case Study
• KeyHealth take-on done 10 years ago.
• The take-on was done with a clean audit with no findings.
• The scheme grew from strength to strength turning the reserves around.
• BPOMAS take-on done in 2023.
• The has been our most effective implementation done in in only 5 months.
• This is currently the biggest individual scheme using the MIP systems.
Case Study
Started in 2014 as a new business in Medical Insurance and grew to over 52,500 beneficiaries to date.
