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With the pilot testing of MIFOS (Micro Finance Open System) last September, Valenzuela branch migrated their data to the online system to test and determine its capabilities and limitations. A user’s orientation and training was also conducted, prior to migration of data, for program familiarization.

The orientation was attended by branch managers, accountants and accounting assistants of Valenzuela branch. They were also joined by Luzon operations managers, head office representatives from finance & accounting, management information system staff, and audit & training personnel.

To date, the team is still waiting for the organized report of the result of the test. “The result of this test is crucial because it would determine the capacity and adjustments that the employees would go through. Through this, we can also identify if we can adopt with the system or vice versa,” said Jofel Gandeza, information technology manager.

The results of the test would also serve as a determining factor if pilot testing can start in four other KMBI branches i.e. San Fernando, Naga city, Bacolod City, and Metro Davao 1.

One of the features of MIFOS is the easy retrieval and consolidation of reports from branches and head office. With this, reports will be automatically generated. MIFOS can help in achieving the aim of EISTOP to computerize and synchronize KMBI’s system.  As per laid out plan, MIFOS is scheduled to roll out to branches by October 2010.