Proposal For Stand Payment Tracking System
Proposal For Stand Payment Tracking System
Project Overview
Dreamate Projects is managing a number of stands for clients, which requires accurate, efficient
tracking of payments to streamline financial management and improve transparency. This
proposal outlines the development of a Stand Payment Tracking System—a centralized,
automated solution designed to enhance tracking of payments, handle client information,
generate reports, and enable alerts for outstanding balances.
Objectives
The core objective of the Stand Payment Tracking System is to:
- Automate payment tracking for stand transactions.
- Improve the accuracy of records to ensure accountability.
- Simplify communication with clients regarding payment statuses.
- Generate insightful reports to assist with financial planning and management.
Project Scope
1. Client Information Management
- Create and manage profiles for clients, including personal details, stand location, payment
terms, and contact information.
- Attach documents, agreements, and receipts to client profiles for easy retrieval.
2. Payment Tracking
- Record and track all payments made by clients for their respective stands.
- Calculate remaining balances, late fees, or any additional charges.
- Support flexible payment schedules (monthly, quarterly, annually).
3. Alerts and Notifications
- Generate automated reminders for upcoming payments via email or SMS.
- Notify clients and admins about overdue payments.
- Customize alert frequency and messaging to suit business needs.
4. Report Generation
- Generate detailed financial reports on payments received, outstanding amounts, and
defaulters.
- Provide insights on revenue trends, payment patterns, and high-risk accounts.
- Export reports in formats like PDF, CSV, or Excel for easy sharing and analysis.
Contact Information
Jason M. Chumbi
Email:
Phone:
Courage T. Gumbero
Email: gumberocourage19@gmail.com
Phone: +263785705057 /+263777871088