The import tool has been upgraded to support additional data fields specific to members, enhancing profile accuracy and streamlining data management. These updates ensure more comprehensive member records, improving financial tracking and operational efficiency. New Data Fields Added ✅ National ID: Captures the member’s official identification number.✅ Occupation/Business Type: Records the member’s profession or type…
To enhance borrower flexibility and improve financial planning, we have introduced Bi-Weekly and Bi-Monthly repayment options under our Credit Product Policy. These new tenure options allow borrowers to choose a repayment schedule that aligns with their cash flow and financial commitments. New Repayment Options ✅ Bi-Weekly – Loan installments will be due every 2 weeks…
Managing transaction reconciliations manually can be time-consuming and prone to errors. This Automated Reconciliation Feature allows users to upload Mpesa or Bank statements in CSV, Excel, or PDF formats, ensuring a seamless and accurate reconciliation process. How It Works Once a statement is uploaded, the system validates its format and structure, then automatically matches transactions…
Managing multiple group accounts efficiently is essential for financial institutions that oversee several groups, each with its own bank account. This Automated Fund Settlement feature streamlines fund collection and distribution, ensuring accuracy, efficiency, and transparency. How It Works This feature allows funds to be collected into a single bank account and then seamlessly allocated to…
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 The enhancement to Auto Debit functionality, now enables the separate payment of registration and subscription fees through Auto Debit. This update streamlines the payment process, making it more convenient for members while ensuring timely fee collection for financial institutions. Key Changes Enhanced Auto Debit Capabilities: Membership Policy Configuration:
Overview CAMS now replaces the “Delete” function with “Exit/Deactivate,” giving administrators more control over user access. Users can be deactivated and easily reactivated without losing their access levels. This update improves user management and data retention, offering greater flexibility and security. Functionality Role-Based Access Control: To deactivate or exit a user, the admin must first…
This feature allows administrators of financial institutions to quickly unblock users who have been temporarily locked out due to multiple incorrect PIN/password attempts. By restoring access promptly, it ensures seamless transactions, minimizes disruptions, and enhances the user experience while maintaining a secure and flexible authentication process. Steps 2. On the client details, click Unblock. 3….
The platform now includes new module tabs and enhanced existing features, improving usability, accessibility, and functionality. These updates provide a more seamless experience, making it easier to manage financial data efficiently. New and Improved Features Shares Tab: Savings Tab: Description: View and manage all savings accounts. Searchable Fields: Search by account number, member ID, or…
Overview The new Expenditure section simplifies tracking of unpaid transactions, providing better visibility into financial records. Additionally, enhanced Super Administrator access allows for quicker navigation and support, ensuring a more seamless user experience. These updates are designed to streamline financial management and enhance overall efficiency. What’s New? How to Access Your WBA Account and Explore…