In our latest update, existing members will not incur any fees or charges during imports, as they have already paid the necessary amounts. This adjustment enhances trust and transparency, ensuring that financial institutions uphold fairness while preventing duplicate charges.
By eliminating redundant fees, institutions can strengthen member satisfaction, encourage long-term engagement, and build loyalty, ultimately fostering a better customer experience.
A new system enhancement now allows administrators to view uploaded documents by simply clicking on the View (eye) icon. This update improves document accessibility, making it easier for administrators to review files across different modules effortlessly. The View (eye) icon can be used in the following sections:
The “Unclose Loan” feature in Wakandi provides valuable advantages for SACCOs and MFIs by allowing admins to make necessary loan adjustments after a loan has been closed, without disrupting financial records. Benefits 1. Flexible Loan Adjustments 2. No Impact on Ledgers 3. Easy Re-closure After Adjustments 4. Improved Accuracy 5. Enhanced Workflow Efficiency The Unclose…
Overview Administrators now have the ability to maintain version control for credit product policies, ensuring that unapproved modifications do not affect active loan products. This feature provides a reliable way to track and manage policy changes, enhancing transparency and control. By implementing version control, administrators can streamline policy updates and approvals, ensuring a systematic and…
Overview Users can post Corporate Tax payments in the Wakandi CAMS system, with automatic posting of account notes in tax ledgers for accurate and efficient tax record management. Corporate tax is a government-imposed tax on company profits. In CAMS, it helps track tax payments and ensures accurate ledger entries. Setting Up Corporate Tax in CAMS…
The Wakandi Admin Panel includes enhanced document viewing capabilities, allowing administrators to access and review various client-related documents seamlessly. Below are the highlights of the functionality: Key Benefits of the Feature How to Use the Document Viewing Feature
The Holiday Management feature provides financial institutions with the flexibility to manage interest collection during holidays and working days. Institutions can adjust interest rates on holidays, either applying standard rates or waiving them entirely. Additionally, this feature allows them to configure working days by excluding weekends or other non-working days, ensuring alignment with operational policies….