This feature allows members to pay for their loan charges before the loan is disbursed, the charges are automatically affected. This applies to CPP that requires charges to be paid upon loan application as indicated below.
To effect this, upon approval, the admin effects the auto debit. Go to loan applications, open the loan to be approved, click on auto debit then approve the loan once the charge is paid.
Overview: This release enhances the existing import tool to support additional data fields specific to SACCO members. The new fields provide a more comprehensive member profile, allowing for improved record accuracy and easier data management. New Data Fields Added: Each new field is now available for mapping in the UI during the import process, ensuring…
Previously, any updates made by an admin or user to member details were immediately committed to the database upon submission. This lacked an additional layer of supervision, potentially leading to unauthorized or incorrect updates. Changes made by an admin or user will no longer be immediately committed to the database. Changes will only be committed…
Backdated loan disbursements now shows the correct date in CAMS ensuring loan repayment schedule accurately reflects backdated transactions. The DEMO below will show the steps too (especially when viewed in fullscreen). The following are the steps on how to execute the new feature;
Credit officers and loan approvers can now modify the loan product during the approval stage without deleting the application, improving flexibility and efficiency. This feature applies to pending loans. Select the loan then click on Edit. At the product, select the loan a member would wish to change to then submit.
You can now receive a transactional alert via SMS and email. An SMS and email notification(s) will now be sent to the Chairman, Secretary, and Treasurer (if their contact details are provided) for every deposit transaction made to the group’s savings account by the Teller. Follow the procedure below
This new report offers a segmented view of revenue contributions, empowering branch managers and the executive team to make data-driven performance evaluations and strategic decisions. The income report provides detailed insights into income generated by each loan officer and branch.