To improve security, accuracy, and efficiency, we have transitioned from using account numbers and phone numbers for transactions to a streamlined method based on each client’s unique numerical ID. The numerical ID is recorded under the Reference Number in the Member Details page and is now used for all deposit and repayment transactions, ensuring precise…
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…
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…
Overview The improvement to the All Transactions tab will make transaction tracking easier and more transparent. The following fields have been added: These updates provide a clearer overview of each transaction, improving overall transaction management.
Overview This functionality allows users to waive both accrued and unaccrued interest when closing a “Cash” type loan. This simplifies loan settlements and provides greater flexibility in loan management. Users handling loans under a “Cash” loan product now have the ability to waive off accrued and unaccrued interest upon loan closure. Steps to waive both…
Overview The User Management interface now includes a Reactivate option for deactivated accounts. This feature allows administrators to manage user access efficiently by activating and deactivating accounts as needed. Functionality Role-Based Access Control: How to Deactivate and Activate an Administrator How to Reactivate an Administrator This feature ensures secure and flexible admin control over system…
WAKANDI is pleased to introduce an update that enhances transaction tracking for our clients. The External ID (Transaction Code) is now included for each repayment in the Transactions tab of loan details, making it easier to differentiate payments. Additionally, the transaction code is now available in the Daily Transactions Report for better tracking and reconciliation. New Feature: “External Id” Column A…
Overview Users can post Corporate Tax payments in the Wakandi CAMS system, with automatic posting of account notes in tax ledgers for accurate and efficient tax record management. Corporate tax is a government-imposed tax on company profits. In CAMS, it helps track tax payments and ensures accurate ledger entries. Setting Up Corporate Tax in CAMS…
A member can pay more than the due amount but less than the total outstanding balance. This feature gives members greater flexibility in managing their loan payments. Procedure Security Customization Administrators can now choose to enable or disable OTP verification for online loan disbursement. This can be done during onboarding or after, with help from…