Payroll (Cash) Advance

The PRA Module runs the payroll advance portion of your business. It keeps records on your customers and automatically prints your application forms. Since PRA is integrated with the rest of our modules, it lets you handle the payroll-advance processing at the same time you are handling other types of business for a customer. This means that the customer can do a PRA, cash their regular check, buy money orders, and purchase P.O.S. items and services (such as stamps, phone cards, etc.) all at the same time (*). Your teller can start all these types of transactions at the same time, and finish with just one amount to pay out or collect. 

Some of the features included in PRA are:  

	Custom print your Payroll Advance Loan Application forms.
	Quick processing of Payroll Advance transactions.
	Pop-up calendar for easy alternative deposit-date.
	Easy 1-key reissue / extension / buy-back feature.
	Easy-to-use screens mean short training time for new employees.
	Set up special PRA fee schedules for exclusive customers.
	Fully integrated, to easily work with End-Of-Day balance sheet module **.
	Generates many reports on your Payroll Advance business, including:
	Payroll Advance (PRA) deposit reports for any date.
	PRA transaction reports for any date, by Teller or Store.
	Reports on your outstanding PRA balance.
	Follow-up calling schedules for upcoming & overdue PRA’s. Status reports on bad PRA checks.
	You can automatically flag or freeze-out serving bad risks.
	Automatically print collection letters based on collection status.

( * ) = Must have Check-Cashing software. Fully integrateable with any modules purchased.

( ** ) = Must have End-Of-Day software.