In the ever-evolving landscape of financial services, ensuring effective risk management and data accuracy is paramount. To address these needs, we are excited to announce a new feature that allows admins to add or edit loan guarantors directly from the loan page. This enhancement applies to both existing and imported loans, providing a seamless experience…
Weâve just leveled up your system security! đManaging roles is no small taskâand now, every role change is fully traceable with our brand-new Comprehensive Audit Trail. No more guessing who did what, when, and why. Every single role assignment or removal is now logged in detail, giving you total clarity and peace of mind. Whatâs…
Weâve introduced a secure and flexible way for members to withdraw funds directly from their CAMS wallet to their mobile wallet while ensuring account rules and limits are maintained. Key Rules & Safeguards: After the administrator has made the request for the savings online withdrawal, the feature is ticked. The administrator should then make changes…
We are thrilled to announce a significant enhancement to our statement features: Traceable Narrations on Statements. This new functionality is designed to improve transparency and record clarity by displaying teller-entered narrations across various platforms. Members and staff will now have access to detailed information regarding transactions, making it easier to understand the context behind each…
In our continuous effort to enhance transparency and accountability in our system, we are excited to introduce a new feature: the Loans Written-Off Report. This comprehensive report provides a detailed overview of all loans that have been written off, offering valuable insights for admins. Below are the key components of this new report: Key Components…
Weâve enhanced the subscription module to better support SACCOs and MFIs paying for multiple months in advance. This ensures accurate tracking and eliminates duplicate billing for future payments. Key Highlights: Why This Matters:
Weâve updated the Group Bulk Transactions module (via the Collection Sheet) to improve usability and accuracy when handling savings deposits. Key Update: Why This Matters:
Whatâs New? We are excited to announce a groundbreaking feature in our CAMS: Automated Interest Accrual & Payout for savings accounts. This new capability empowers Savings and Credit Cooperative Organizations (SACCOs) and Microfinance Institutions (MFIs) to seamlessly configure and automate the process of interest accrual and payouts. âď¸ Key Capabilities đ Flexible Interest Accrual Frequencies…
Weâre excited to announce the introduction of a new Loan Write-Off functionality within the system â a critical enhancement designed to help SACCOs and Microfinance Institutions (MFIs) manage long-outstanding and non-performing loans more effectively. đ Whatâs New? The new feature enables institutions to formally recognize uncollectable debts, ensuring greater accuracy and integrity in financial records….
Weâve enhanced the CAMS USSD payment channel to now support direct deposits to any savings accountâwhether individual or group-linkedâusing the “Pay to Account” option. Key Enhancements: Steps PAYING TO A DIFFERENT ACCOUNTÂ Step 1 : Dial * 185 * 7 * 3 * 3 #Step 2 : Choose 1. to pay to any other accountStep 3…