Category:Portfolios

The Portfolios system tracks purchases of stocks, commercial paper, CDs, and other securities made by faith-based organizations. Often such purchases are made by extension organizations whose purpose is to create interest income with monies received from investors while waiting to make loans to borrowers.

Such organizations ultimately make their money by charging borrowers interest. So they prefer to loan out more than they take in via investment funds. This doesn’t always occur, however. When it doesn’t, they must look at investing the excess funds to achieve growth in other ways.

The stability and flexibility of the DDI-Connect Portfolios module enable you to track the important details of such investments. It’s integrated with other key DDI applications like our Name/Address constituent database and Daily Cash Processing system, providing a seamless flow of information.

The portfolios process consists of four basic components in DDI-Connect: initial setup, cash-receipt transactions, other transactions, and cash disbursements. It’s important that you understand where each fits in the process of using the DDI-Connect Portfolios system, and that you’re familiar with the basic terminology associated with each section.