Sacco ERP

User-friendly
The System has a simple and clear user interface, with best-practice workflows taking you through all core processes, and relevant data always at your fingertips. The system has a simple graphic user interface and features a logical distribution of functions, so each user can easily access and manipulate the information they require.

Our System supports both Individual and Group Clients. All client and group information is easily accessible, searchable and editable. The system allows collection of personal information, unique identifiers, next of kin details, business information and much more. You can upload scanned photos or documents to a client’s account, and of course add notes to a client for anything else you would like to remember through the web forms.

The System offers full and flexible loan and savings modules. You have the freedom to extensively customize products, tweaking features such as the loan term, repayment frequency, interest rate, interest calculation method, grace periods, charges and more. All products are fully integrated with accounting, but you can easily set up specific accounting rules for different products if required. The processes around disbursing loans or activating savings follow best practice microfinance processes, requiring maker- checker principals at all times, while remaining intuitive and easy to use. You can capture collateral items linked to a loan, and add loan guarantors.

The system comes with a fully configurable chart of accounts. It’s easy to add new GLs and link them to specific products, charges, or branches. While all the portfolio bookings are automated (such as when a loan is disbursed or a repayment is made), you can also enter manual journal entries when you need to make a correction, or to manage your non-portfolio accounts. In addition, the System comes with a full set of financial reports, including your Balance Sheet, Cashflow Report, Daily Trial Balance and Income Statement.

The System provides an extensive suite of high quality reports, providing information on the portfolio, client numbers, savings accounts and portfolio quality at an institution level, branch level, loan officer level, right down to information on specific groups and clients.