| The
System is built to efficiently control data, while preserving
flexibility and functioning in a user-friendly manner. Since
produced by MIS, SH also inherits
the flexibility and control provided by SEC, module supporting
all MIS software application systems. The System is designed
to perform all Shareholder Registration Functions
Major Features:
- Maintains
user-defined and system-defined codes.
- Support
multiple companies.
- Provides
a flexible parameter to meet business requirements and rules.
- Generates
on-line inquiries and reports.
- Enable
the user to use any field on the screen as a query criteria.
- Is
able to group shareholders according to their legal status
(Normal, Board Member, ...etc)
- Handles
the complete mortgage cycle, whether upgrading or downgrading
- Enables
a user to assign a number for shareholder or Certificate
(checking for its uniqueness by company), knowing that it
can also automatically assign it from a sequence by company,
where the user is able to provide the starting number.
- Maintains
all daily operations (sell, buy, merge/join, split, substitute/replace,
transfer).
- Maintains
all special operations concerning shareholders (distribute
share dividends, distribute cash dividends, increase capital,
decrease capital, merge all certificates).
- Reports
on transactions/operations to control data entry either
separately or globally.
- Supports
special-purpose reports such as ‘Daily Matching’,
produced on a daily basis in order to ensure system integrity
(“company balance minus total shares of Clearing House
and total shares still open for underwriting” must
be equal to “total of shares from active or mortgaged
certificates” which in turn must be equal to “total
of shareholders’ balances”).
- Print
shareholders, certificates, checks, balances, ... as of
any date or between 2 dates. These reports use a variety
of parameters, and can be ordered by name, number, shares,
...etc.
- Supports
all stages and status of certificate (issue, print, deliver,
cancel, mortgage).
- Provides
a separate function to reprint a certificate with the necessary
control to prevent system miss-use.
- Handles
user-defined reporting; i.e. user is able to create/design
his/her own reports on certificates, checks, invitation
cards to board meeting.
- Provides
the mechanism to replace stolen or lost checks with the
necessary control to prevent system miss-use.
- Controls
the complete handling for share fractions that result from
special operations, such as Distribute Share Dividends,
Increase Capital, Decrease Capital.
- Provides
share fraction reports to associate each shareholder with
his /her
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