SACCO & Microfinance Software
An Information Management system should be capable of performing and accounting for all transactions and providing the minimum reports required by the SACCOs, which at the minimum should be able to provide an audit trail report, adequate security features, integrations of the operations, capacity for future expansion real time and relational data base management. Embracing SACCO management system in Kenya paves the way for increased efficiency, improved decision-making, and sustainable growth in the cooperative sector.
Why Us?
Our Sacco and microfinance software has been used by several clients and it has helped in managing their finances, clients information and loan processes. We support the growth of chamas, Saccos, microfinance and loan companies through the sofware.
Specialized software is becoming more and more popular among SACCOs and MFIs (Micro Finance Institutions). As compared to a regular Excel spreadsheet, such software is designed to monitor the dynamics of a microfinance organization or SACCO.
We develop various types of software for SACCOs which meets your needs .The Sacco management system has the following modules:
Modules of our Power-Financials SACCO management system
- Client Maintenance
- Loans Management
- Placements
- General Ledger (Seamlessly integrated)
- Journals (Expenses and Other Income)
- Bank Reconciliation
- Final Accounts and Other Reports
- Multilevel Security
Client Key Details
- Personal Information
- Photos and Signature
- Group/Employment Information
- Next of Kin and Beneficiary Details
- Inquiry on loans and Guarantor information
- Member Statements
Loans Management
- Rules on loan eligibility
- Interest rates and repayment periods
- Penalties
- Guarantor ship
- Use of other collaterals
- Loan Aging Analysis
- Printable Loan Schedule/Calculator
- Loan Top-ups
- Partial Disbursements
Security
- PFADMIN module takes care of security. It has the following features:
- Separate login for the administrator
- User-Groups with specific rights; specific login timelines and amount ranges to which they can transact
- Users with rights :
- Read Only
- Read and Write
- Read Write and Update
- Audit Trail Reports
Other Salient Features of SACCO management system
- Integration to third party applications:
- Our Payroll Management System
- Our MPESA Pay bill Application
- Cheque Truncation Interface
- Bank Statement Upload
- Reports
- Dividends Calculation and Management
- Cash/Teller Manager
- Period Management
- End of Day
- Start of Day
- End of Month
- End of Calendar Year
- End of Financial Year
SACCO management system in Kenya empowers Savings and Credit Cooperatives (SACCOS) to streamline their operations and enhance member services.
With SACCO management system, SACCOS in Kenya can efficiently manage member data, automate loan processing, and access real-time financial insights.
Embracing SACCO management system in Kenya paves the way for increased efficiency, improved decision-making, and sustainable growth in the cooperative sector.
Enquiry Form
For enquiry about our domain and email management services please fill out below form: