This feature enables administrators to customize loan applications by editing or overriding the following parameters, as specified in the Credit Product Policy (CPP): This customization applies exclusively to new loan applications. Steps for the New Implementation:
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 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 loan top-up process provides a streamlined workflow with the flexibility to manage additional amounts and adjust the outstanding loan balance. Steps for Applying a Loan Top-Up: Example:
The detailed income reports, segmented by branch and loan officer, provide branch managers and executives with valuable insights to assess individual loan officer performance. This robust reporting toolkit empowers them to evaluate outcomes and enhance strategic decision-making. Key Highlights How to Access the Report Benefits of This Feature
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…
During loan application: 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. In addition, we can also override the Credit Product Policy set to configure the grace period. This can…