We’ve Made Loan Tracking Even Smarter – Just for You! 💡 We’re excited to introduce a new improvement that makes loan management more flexible and accurate! 🎉 The Loan Schedule now automatically adjusts for backdated transactions, so repayments reflect the actual date they were made—not just when they were posted. This means tellers can now…
We are excited to introduce a new feature in our system. The Improved overdue loan detection is a feature that will allow loans to be be flagged as “Overdue” based on specific provisioning rules rather than relying solely on late payment charges. This enhancement will ensure more accurate classification of overdue loans, leading to better…
We’re excited to introduce a major upgrade to the General Ledger narration—designed to give you deeper visibility and smoother tracking of all your transactions! 🚀 🔍 What’s New? 1️⃣ Smarter, More Informative Narration Field We’ve revamped the narration structure to include rich, context-packed details. Now, each transaction narration in the General Ledger will include: These…
The system now automatically displays loan officers linked to the selected SACCO or MFI branch. Users can also search by typing the officer’s name, making the assignment process faster, more accurate, and more efficient. Steps 1. Click on Clients on the left-hand side.2. Search for the specific Client you wish to apply a loan for.3….
We’ve enhanced the Summarized PAR Report by introducing a Date Filter and refining the Total Overdue field to ensure it accurately reflects overdue amounts—just like in the detailed PAR report. This update ensures consistent and reliable data, making your portfolio tracking more precise and insightful! Steps to access Summarized Portfolio At Risk Report To view…
We’ve implemented a single date picker across all types of Loan Aging Reports to ensure consistency in data reporting. Now, all reports reflect the same figures, enhancing accuracy and simplifying analysis. Steps on how to access the Loan Aging Reports 3. Click on the loan aging report of your choice then from there you will…
We are excited to announce a new feature for our savings product: members can now open multiple savings accounts under the same product. This enhancement provides greater control and flexibility, allowing individuals to tailor their savings strategies to meet their financial goals. Whether for emergencies, vacations, or future investments, this personalization enables a more effective…
This feature allows for unblocking of Admin users —ensuring smooth access, recovery and uninterrupted system management. Say goodbye to lockouts and hello to better control. Steps on how to unblock an admin: 4. After clicking on the pen icon under User Details, you will see the Unblock button only if the admin is currently blocked….
In employee-based institutions, particularly those using a check-off system, member savings and loan repayments are typically made on scheduled days, such as once a week or once a month. To process these transactions, (savings, shares and loan repayments) the admin will use the import tool. Steps Once the data is submitted, check for any errors.
Managing financial transactions efficiently is crucial for any financial institution. The Enhanced Teller Till Statement is a major step forward in improving transparency and accuracy in financial tracking. With this enhancement, every transaction now includes exact descriptions entered by tellers, ensuring greater clarity and simplifying reconciliation processes. This update empowers financial institutions with better audit…