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Ascend .NET, v. 5 (Southtech Limited)

Product Overview CGAP Review User Opinions

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CGAP * * *

Released: 19 May 2005

ASCEND.NET© recognizes the disparate needs of MFI’s including the new breed of microfinance operators by delivering a tried and tested application presently used by one of the world’s largest NGO’s with over 1,300 installations. It delivers high Return On Investment’s (ROI’s) by automating manual activities, implementing controls and generating reports for different user categories allowing for effective decision making.

Click the following links to read more information:
CGAP Review 2005
Vendor answers to CGAP Request for Information (Product Specifications)

Customers feedbacks:    Anonymous*** ;    SSFB ****;    Anonymous ****;    PBK ****;

Product Summary

Product Name Ascend .NET
Product Version 5
Release Date 19 May 2005
Product Overview ASCEND.NET© recognizes the disparate needs of MFI’s including the new breed of microfinance operators by delivering a tried and tested application presently used by one of the world’s largest NGO’s with over 1,300 installations. It delivers high Return On Investment’s (ROI’s) by automating manual activities, implementing controls and generating reports for different user categories allowing for effective decision making.

Click the following links to read more information:
CGAP Review 2005
Vendor answers to CGAP Request for Information (Product Specifications)

Customers feedbacks:    Anonymous*** ;    SSFB ****;    Anonymous ****;    PBK ****;
Historical Version Information 1996 : Credit Management System (CMS) + Smart Accountant
1998 : Credit and Savings Management System(CSMS) + Smart Accountant
2002 : ASCEND : Credit and Savings Management System(CSMS) + Smart Accountant + Tracker(Business Intelligence and Data Warehousing)
2003-2004: Southtech Ascend .NET (version 5.0)
Product Description PAGE IN CONSTRUCTION / TO BE UPDATED
Features Accounting, Loan Portfolio Management, Deposits/Savings Management, Client Information/Relationship Management
User Interface Languages English
Workstation OS Windows 9x, Windows NT, Windows XP
Server OS Windows 9x, Windows NT, Windows 2000, Windows ME, Windows XP
Networks Windows NT, Windows 2000, NetBIOS
Programming Language PAGE IN CONSTRUCTION / TO BE UPDATED
Database Oracle, SQL Server
Connectivity Configuration Online and Offline seats (branches)
Online Software Demo URL http://www.
Further information about demo PAGE IN CONSTRUCTION / TO BE UPDATED Please contact Southtech Limited at the local address and telephone numbers or simply visit our site at http://www.southtechlimited.com. Email us with your queries at enquiries@southtechlimited.com
Minimum Licensing Cost USD $1500 per branch. Additional license within same branch is USD 200 per license
Annual Maintenance Cost 15% of the licensing fee plus any enhancement applied on a pro-rata basis starting from handover date of the software
General Consulting Services USD $25 per hour
Training Cost Will depend on the number of persons and place of training


Client Profile

Types of Institutions Microfinance Bank, Savings and Credit Societies and Associations
Total number of clients 1450
Number of clients using this product 5
Size of institutions with this product Large (More than 50,000 clients)
Location of client installations South Asia
Lending methodologies Individual, Solidarity Group, Village Banking
Level of MFI internal IT support Strong full-time internal IT team
Client References 1. BRAC(public-affairs@brac.net)
2. SSF
3. SUS
4. Pally Bikas Kendra
5. Bhutan Development Finance Corporation
Location of technical support South Asia
Number of technical support staff 35
Technical Support Modes e-mail, Phone, Fax, ftp, in-person
Technical Support Languages English, Other
Number of installations per month 1
User Group No
Training Options Southtech utilizes a combination of Instructor Led training and Multimedia Based training which may be acquired from our training sites in Bangladesh. All training is complemented with a propreitory online examination for evaluation and user feedback.
User Resources Online Help, User Manual, Training Manual, Training Database
Other PAGE IN CONSTRUCTION / TO BE UPDATED
User Support Langagues English, Other


Company Profile

Company Name Southtech Limited
First Name Mohammad Ariful
Last Name Alam
Position/Title Sales & Marketing Coordinator
Email Address arif.alam@southtechlimited.com
Phone number +88 (02) 891 5061
Address Dhaka Square (4th & 5th floor), House no.-1, Road no.-13, Sector no.-01, Uttara Model Town
City Dhaka
State/Province not available
Postal Code 1230
Country Bangladesh
Phone 1 +88 (02) 891 5061
Phone 2 +88 (02) 891 6331
Fax +88 (02) 891 9905
Email enquiries@southtechlimited.com
Website http://www.southtechlimited.com
Company Profile Southtech Limited comprises of a board of working directors who have multinational finance and banking experience. Using this strong domain knowledge Southtech has been able to develop, implement, train, support and automate the largest NGO in the world.
Legal status Limited
Year company was formed 1996
Public No
Are financial statements public? No
Major Activity ICT Solution provider for financial institutions.
Approximate Microfinance Revenues as a Percentage of Total 60
Total Employees 205
Implementation Employees 30
Training Employees 10
Technical Support Employees 35
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