The system supports configurable automatic loan provisioning, enabling financial institutions to customize provisioning rules to align with their specific requirements. This enhancement provides greater flexibility while ensuring compliance with internal policies, allowing institutions to manage loans more efficiently.
We’re excited to introduce a major upgrade to the General Ledger narration—designed to give you deeper visibility and smoother tracking of all your transactions! 🚀 🔍 What’s New? 1️⃣ Smarter, More Informative Narration Field We’ve revamped the narration structure to include rich, context-packed details. Now, each transaction narration in the General Ledger will include: These…
You can now receive SMS and Email Alerts for group deposit transactions! For every deposit made to a group’s savings account via the Teller, notifications will be sent to the Chairman, Secretary, and Treasurer, provided their contact details are available. Procedure for Making Deposits via Teller: Once the deposit is made, a receipt will be…
Wakandi has introduced its Loan Details and Reporting features to provide a deeper understanding of loan information. The updated Loan Details section, visible on the member’s loan dashboard, now includes a detailed Arrears Breakdown, featuring: Loan Status Tracking In addition to the enhanced loan details, Wakandi now offers improved loan status tracking with a clear,…
We’ve enhanced the Summarized PAR Report by introducing a Date Filter and refining the Total Overdue field to ensure it accurately reflects overdue amounts—just like in the detailed PAR report. This update ensures consistent and reliable data, making your portfolio tracking more precise and insightful! Steps to access Summarized Portfolio At Risk Report To view…
Key nine SASRA reports have been deployed to enable compliance and streamline reporting for financial groups in Kenya. The reports can be activated on the feature function for the SASRA regulated Non-WDT financial groups. Below is a sample report and it provides for the signature
Overview SMS Purchasing feature enables admins to buy SMS credits or bundles within the system. These credits are used to send bulk or individual messages to a target audience. Users or admins can purchase SMS credits based on their needs in prepaid packages. Once purchased, the credits are deducted from the WBA account with each…