{"id":2790,"date":"2018-06-21T16:44:40","date_gmt":"2018-06-21T16:44:40","guid":{"rendered":"https:\/\/www.jisort.com\/?p=2790"},"modified":"2018-06-21T16:44:40","modified_gmt":"2018-06-21T16:44:40","slug":"maker-checker-principle-loan-approval","status":"publish","type":"post","link":"https:\/\/jisort.com\/blog\/maker-checker-principle-loan-approval\/","title":{"rendered":"Maker checker principle for loan approval"},"content":{"rendered":"<p><strong>Maker checker principle for loan approval<\/strong><\/p>\n<p>Maker Checker principle refer to hierarchy approval system where every transaction has to have at least two parties or at least 4 eyes.<\/p>\n<p>One party initiate the transaction<\/p>\n<p>Second party approves the transactions.<\/p>\n<p>The Maker \u2013 Checker Principle can have more than two parties depending on the requirements of the particular transaction.<\/p>\n<p>Maker-Checker Principle allow committee approval where a transaction can follow a workflow structure and be approved by multiple people<\/p>\n<p>Maker \u2013 Checker Principle enhance internal transactional security.<\/p>\n<p>On Jisort the following process can be subjected to Maker-Checker principle<\/p>\n<ol>\n<li>Loan Approval<\/li>\n<li>Loan Processing<\/li>\n<li>Loan Disbursement<\/li>\n<\/ol>\n<p>Any transaction that is considered critical can be subjected to Maker-Checker Principle to ensure it goes through a certain workflow.<\/p>\n<p>How do I enable Maker-Checker Principle on Jisort.<\/p>\n<p>Go to Admin<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2792\" src=\"https:\/\/www.jisort.com\/wp-content\/uploads\/2018\/06\/settings-300x108.png\" alt=\"\" width=\"300\" height=\"108\" title=\"\"><\/p>\n<p>Click on Settings<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2793\" src=\"https:\/\/www.jisort.com\/wp-content\/uploads\/2018\/06\/settin-300x96.png\" alt=\"\" width=\"300\" height=\"96\" title=\"\"><\/p>\n<p>Enable Maker Checker<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2791\" src=\"https:\/\/www.jisort.com\/wp-content\/uploads\/2018\/06\/maker-300x98.png\" alt=\"\" width=\"300\" height=\"98\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maker checker principle for loan approval Maker Checker principle refer to hierarchy approval system where every transaction has to have at least two parties or at least 4 eyes. One party initiate the transaction Second party approves the transactions. The Maker \u2013 Checker Principle can have more than two parties depending on the requirements of [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[76],"tags":[110],"class_list":["post-2790","post","type-post","status-publish","format-standard","hentry","category-success-stories","tag-maker-checker-principle-for-loan-approval"],"blocksy_meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts\/2790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/comments?post=2790"}],"version-history":[{"count":0,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts\/2790\/revisions"}],"wp:attachment":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/media?parent=2790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/categories?post=2790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/tags?post=2790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}