CFIs/SACCOs Banking Platform
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SACCO Banking Platform
The Banking platform is capable of many useful and beautiful features for the CFI/SACCO operations,
The Platform is regulation made easy, and proper indication of growth and risk areas.
Quick and easy member interaction trough integrations ( USSD, WhatsApp, Mobile App, etc,
- Access it anywhere with any device compatible to connect to the internet
- Unlimited user accounts, Members, Savings and Credit products
- seamless integration (SMSs and Email notifications, Apps and Modules)
- Regulatory Reports (PA, CBDA and SARB),
CFI/SACCO individual customisable reports
- Task management, multi currency and multiple Transaction channels
- Email and SMS templates. Bulk data upload, audit trail and full API integrations
The use of the Core banking Platform
With the subsidy from and trough DGRV, The below listed CFIs/SACCOs have acquired an annual renewable licence on one of the best core banking system, the system is continuously evolving with best and exciting features which are more of automating and digitalisation of SACCOs operations.
As users of the system, we are able to :
- update members accounts (savings and loans) ,
- send out notifications to members for each and every selected transaction on their accounts (SMSs and Emails),
- Process Loans Applications before disbursements,
- Loans approval process (Credit committee),
- Manage accounting and repots , etc, and
We can do all this remotely
plus, you can integrate your own systems and applications,
Users of the system
1. MMETLAKHOLA FSC - Gauteng
2. MASIHLUME SACCO - Eastern Cape
3. COOP CONGO FSC - Gauteng
4. POPLAR FRONTLINE CFI - Gauteng
5. PEOPLES SACCO - Lesotho
6. MAYIBUYE SACCO - Eastern Cape
7. THE BLESSINGS SACCO - Lesotho
8. BOIKAGO SACCO - North West
9, MEDI COOP CFI - Western Cape
10. Ndovukazi Yakwazulu Women FSC - KZN
Generally available features
Account Transfers
Accounting
Advanced Security Settings
Aging Analysis
API 1.0 Access
API 2.0 Access
Apps
Automated Fees
Branding
Bulk Collections
Cards
Centre Meeting Day
Closures
Collateral
Configurable Views
Credit Arrangements
Credit Officers
Current Accounts
Custom Fields
Custom Labels
Overdue Penalties Accrual Mechanism
Portfolio Reports
Prebuilt Reports
Product Documents
Redraw Facility
Reset Data
Revolving Credit
Risk Report
Savings Account
Savings Plan
Settlement Accounts
SMS Notifications
Solidarity Group
Tasks
Tellering
Transaction Auditing
Transaction Limits
Two Factor Authentication
User Roles
Web Hook
Withholding Taxes, etc
Data Export
Deposit Accounts
Documents
Effective Interest Rate
Email
Federated Authentication
Field Change History
Fixed Deposit
Fixed Flat Interest Method
Fixed Term Loan
Funding Sources
Guarantees
ID Templates
Imported Reports
Index Rates
Indicators
Interest Free Loan
Interest from Arrears
Interest on Deposits
Internal Controls
Manual EOD Processing
Member Images (Profile Pics)
Member Portal
Multicurrency
Offset Products
Organization Reports
Overdraft Conditions
Additional Features
Customised Reports ( Regulatory)
Communication and outreach ( Emails and SMSs)
Mobile Banking (USSD codes)
Internet Banking (to be activated soon)
