The Monthly Data Filter is available in the Wakandi admin panel. This feature allows users to view and analyze financial data on a month-by-month basis, providing greater flexibility and control over data insights. How to Access the Feature: Key Highlights:
Wakandi CAMS has the ability to backdate loan disbursements! This ensures that loan repayment schedules now accurately reflect backdated transactions, enhancing record accuracy and customer trust. Watch the DEMO below to learn the steps in detail (best viewed in full screen). Steps to Use the Backdated Loan Disbursement Feature:
The Wakandi Business Account (WBA) is a dedicated platform designed to support SACCOs, MFIs, and other financial institutions in managing their financial transactions and records. It provides a centralized hub for tracking account activities, making payments, and generating statements, all while ensuring transparency and efficiency. Steps to Download a WBA Statement Wakandi allows users to…
Accessing quick loans has never been easier! Wakandi now has a prominently visible Quick Loan feature in the Member App. With just a few clicks, members can apply for a loan effortlessly. How a Member Can Apply for a Quick Loan
The SMS Unit allows administrators to purchase SMS credits directly from the WBA balance. Automated Credit Deductions Paid vs Free Messages User Alerts for Credit Management
A loan schedule is a vital tool for both lenders and borrowers, offering a clear outline of repayment terms, including payment dates, amounts, and applicable interest. It helps borrowers plan finances effectively and ensures lenders can track repayments accurately. This promotes transparency, simplifies communication, and reduces misunderstandings. How to Download a Loan ScheduleWakandi makes it…
Credit officers and loan approvers now have the ability to modify the loan product during the approval stage without needing to delete the application. This enhancement improves flexibility and efficiency when handling pending loans. How to Modify the Loan Product Benefits of the Feature
The feature allows organizations to manage dormant or inactive members more effectively by preserving their data for future reference instead of permanently deleting records. Why Exit or Deactivate Members?Exiting or deactivating members ensures compliance with organizational policies while maintaining accurate records. It’s particularly useful for handling members who become dormant or request to leave, allowing…
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,…
The system has been enhanced to allow the import of multiple Fixed Deposit (FD) accounts with the same product name for a single member, offering greater flexibility in managing FD accounts. Follow the steps below to execute the process: By following these steps, you can easily import multiple FD accounts for the same member, streamlining…