The Bulk Transaction Posting feature is designed to enhance efficiency by enabling users to process multiple deposits or repayments from a single ledger. Key Features: Workflow Overview: The Teller Page now includes a Parent Component for selecting Account Type and Transaction Type, with two operational modes: Bulk Transaction Process: Each bulk entry creates individual transaction…
The Transactor Name included in the account statement provides greater transparency and detail for every transaction recorded in the system. Steps to Explore the Feature: After submission, the receipt will include all the relevant details, including the Transactor Name, ensuring transparency and easy identification of transaction initiators.
You can now receive SMS and Email Alerts for group deposit transactions! For every deposit made to a group’s savings account via the Teller, notifications will be sent to the Chairman, Secretary, and Treasurer, provided their contact details are available. Procedure for Making Deposits via Teller: Once the deposit is made, a receipt will be…
This feature that allows users—both admins and members—to combine self-guarantors (loan owners), member guarantors, and collateral during loan creation. This added flexibility simplifies loan guarantee management while offering members more options to secure their loans. Key Scenarios for Implementation: Setting Up Flexible Guarantor Options: This feature empowers organizations to tailor loan guarantees based on their…
Wakandi CAMS has an update to the import tool, introducing additional data fields for SACCO members and the Micro Finance Institution’s customers. This enhancement ensures more detailed member profiles, improved data accuracy, and streamlined management processes. What’s New? The following data fields have been added to the import tool to provide a more comprehensive member…
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: