A cooperative society is known as a voluntary organization with the mission of offering service to its members. Generally, these are created by the weaker part or poor people in the society. In order to focus on rural and suburban part of India, banking services are offered by cooperative societies. Generally, an extensive collection of banking solutions is offered by cooperative societies. The credit cooperative society software offered by them is based on the Open for Business framework and specific solutions.
What is known as Open for Business Framework?
Open for Business refers to a framework that offers an enterprise application created on a general architecture using common logic, data and a sophisticated set of business procedure. The architecture and tools of the framework have made it simple to develop and continue enterprise applications effectively. By using the cooperative society software, it becomes possible to avail new features and functionality and also keep its existing counterparts.
Services of Open for Business Framework
Open for Business framework offers services that include the following:
Facility and warehouse management system
Accounting (invoicing, agreements, general ledger, vendor management)
Work effort management
Electronic point of sale
Asset maintenance
Human resources
Catalogue and product management
Automated stock replenishment, Inventory management and others
Content management system
Customer relationship management
E-commerce
Party module


Website: http://www.creditcooperativesoftware.com