Literature of System

According to the study of Bolido, Pobar, and Muning (2012), Radio Frequency Identification (RFID) enabled an automatic identification and created lot of interest to people on realizing the importance of tracking an item or person you want to monitor and provide their possible location. Faculty Availability Monitoring System is the regular observation and recording of the faculty member’s time in and time out. It tracks all the attendance detail of the faculty member from the first day until the end of the term. It can handle all details about faculty members. This includes the department details, personnel details and schedule details. In the case of manual system it might not be accurate and takes manpower and consume some time but using RFID based faculty availability monitoring system almost all work is computerized and so the accuracy is maintained and also maintaining the back up is easy and takes just few minutes.

The Loan / Lender Monitoring System (L/LMS) which is a study of Juvy Anne Ramos Pastor (2014) is a key office tool for risk management of the Small Business Administration's (SBA) and 504 government guaranteed small business loan programs; including guaranteed loans, portfolios, portfolio segments, and resource partner lenders. L/LMS consists of an online retrievable database, with a duplicate electronic file database, and numerous monthly, quarterly and annual reports, and includes quarterly off-site lender ratings. Separately, L/LMS provides an online lender portal to allow appropriately authorized lenders to obtain limited authorized data on only their own portfolios. In addition, more than 75% of loans generated annually are made by lenders to whom SBA has delegated the authority to make credit decisions. This situation creates a need to have meaningful, relevant information on SBA's loans and lenders in order to measure, monitor and evaluate the risk in SBA's loan portfolios.

A study by Averion, Gaela, and Libo (2009) entitled "Monitoring...