We’re excited to announce an important update to the overdraft feature the introduction of a Maker-Checker approval workflow for overdrawn accounts! With this improvement, all overdraft transactions will now require administrative approval before they are posted. This ensures an additional layer of verification, significantly reducing the risk of unauthorized or erroneous transactions. The benefits of…
To strengthen financial oversight and ensure data integrity, our system has introduced a new approval workflow for backdated transactions. Previously, tellers could directly post transactions with past dates. With the latest update, this is no longer possible. Now, any attempt to post a backdated transaction will automatically trigger an approval request. 🛑 What’s Changing: ✅…
We’ve rolled out an important update to improve how error corrections are handled on closed loans.Previously, tellers were able to post corrections directly on loans that had already been closed — a process that bypassed standard procedures and posed a risk to data integrity. 🔄 What’s Changed? With this fix, loans must now be unclosed…
We’re excited to introduce a powerful enhancement aimed at increasing transparency, improving operational efficiency, and supporting better record-keeping. Teller-entered comments are now visible across multiple modules, giving your team and members clearer insights into the purpose behind each transaction. 🔍 Where You Can See Teller Comments 🏦 1. Teller Transaction History Quickly trace comments linked…
In a significant enhancement to the Teller Module, a dedicated Expenses Report is now available, designed to streamline expense tracking for tellers. This new feature empowers tellers to independently monitor their recorded expenses, enhancing operational efficiency and oversight. What’s New The Expenses Report provides a comprehensive view of all expenses logged by the teller. Key…
We have introduced an improvement in fund allotment tracking, ensuring that once a teller’s fund allotment is approved, it impacts both the Cash at Hand and Reserve accounts in the system. This enhancement improves financial traceability, simplifies auditing, and ensures accurate fund movements within the system. Steps To Set Up Teller Fund Allotments Step 1:…
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…