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…
The Group Transaction (Collection Sheet) feature allows users to process multiple transactions for a specific group in a single operation. It provides a detailed breakdown of amounts for each member, including loans, savings, and charges, ensuring accuracy and efficiency in collections. By selecting a specific group, all associated members are displayed, streamlining bulk transactions and…
Overview Steps Benefits This enhancement can significantly improve the loan application process and borrower satisfaction.
The dashboard is back and better than ever, providing a detailed breakdown of key reports in an easy-to-understand graphical format. These reports deliver critical insights into platform activity, including: Metrics are displayed on a month-by-month basis, offering clear tracking and trend analysis over time. Key Enhancements: Steps to Customize the Dashboard Benefits of the Updated…
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…
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