An Online Web-based Sacco management software ERP
- A cloud-based SACCO management software.
- Online functionality provides real-time data and information.
The Engsoft SACCO Management System is an integrated digital solution designed to automate SACCO operations such as member management, savings, loans, and reporting. The system enhances accuracy, efficiency, and service delivery.
Engsoft SACCO Management System is a web based online Sacco software designed to automate SACCO operations such as member management, savings, loans, and reporting. The system enhances accuracy, efficiency, and service delivery
Core Features of theweb based online SACCO System
Member Management
The system enables centralized registration and secure management of member information, allowing easy tracking of member records and activities.
Savings and Contributions Management
The system automates the recording of savings and contributions while providing real-time balance tracking and flexible savings configurations.
Loan Management
The system manages loan applications, approvals, disbursements, and repayments with automated interest calculations and repayment schedules.
Payments and Receipting
The system ensures accurate payment posting and generates automated receipts to improve transparency and accountability.
Financial Reports and Statements
The system produces clear financial reports and member statements to support management, audits, and decision-making.
User Roles and Security
The system applies role-based access control and security measures to protect data and ensure authorized system use.
Features
- Membership and share capital
- Loan portals for approval, disbursement, repayment, guarantors etc
- Savings management and transactions
- Payroll management
- Expenses and income management
- Collateral register and types
- Reports- members, loan, savings, and organizational reports.
- Accounting, journals, and ledgers
- Asset Management
- Communication, SMS and emails
- User management and audit trail
Sacco software and Micro-finance software based on simple enterprise financial model: Simple enterprise financial model for Micro-Finance management.
The main objective of the system is to achieve the following functionalities.
Adequate Customers Records keeping.
Quick Access to Customer contact information.
Group concepts for Savings and Loans Management.
Effective and Fast mode of varying Loans Products Management.
Complete Transactions Data Integrity.
Financials Management on basic Accounting.
Simplicity in all System functionalities.
Flexible Customers Transactions Reporting.
System Security and Audit Trail.
Effective method of Data Management such as backups.
All-in-One entry-level enterprise System customized to suit your savings and lending business needs. The following are the system’s benchmark features which are ready for further customization to harmonize and effectively support any demanding business processes.
CUSTOMER SERVICE MODULE
- CUSTOMER MASTER
B. CUSTOMER GROUP MANAGEMENT
C. CORPORATE CLIENT MASTER
D. SAVINGS PRODUCTS ACCOUNT MANAGEMENT
CUSTOMER SAVINGS MODULE
- INDIVIDUAL SAVINGS PRODUCT PROCESSES
B. GROUP SAVINGS PRODUCT PROCESSES
LOANS MODULE
- LOAN CONTRACT BOOKING
B. LOAN CONTRACT REVIEW
C. LOAN SECURITY & COLLATERAL MANAGEMENT
D. LOAN REPAYMENT PROCESSES.
E. CHEQUE BANKING & UNPAID CHEQUES MANAGEMENT
ACCOUNTING MODULE
- BASIC GENERAL LEDGER ACCOUNTS MAINTENANCE
B. BASIC BOOK-KEEPING / GENERAL LEDGER JOURNALS
C. VIEWING GENERAL LEDGER JOURNALS/POSTINGS
D. CUSTOMER RECEIPTING
E. BANK RECONCILIATION
STANDARD REPORTS
- CUSTOMER LISTINGS
B. LOANS ISSUED REPORT
C. LOANS REGISTER
D. LOANS ARREARS REPORT (STANDARD & AGEING)
E. LOAN REPAYMENT REGISTER
F. CUSTOMER LOAN STATEMENT (PRINT, EXPORT & EMAIL)
G. SECURITY/COLLATERAL REGISTER
H. ASSETS FINANCED REPORT
I. INDIVIDUAL & GROUP SAVINGS REPORT
J. CUSTOMER SAVINGS STATEMENT (PRINT, EXPORT & EMAIL)
K. GROUP EXPOSURE REPORT
L. CASH REGISTER
M. PAYMENTS REPORT (ISSUES & RECEIPTS)
N. CHEQUES BANKED REPORT
O. UNPAID CHEQUES REPORT
P. INCOME REPORTS
Q. INTEREST ANALYSIS REPORTS
R. TRANSACTIONS JOURNAL REPORT
S. PERIODIC ANALYSIS REPORTS
T. PERIOD END REPORTS
U. TRIAL BALANCE REPORT
V. PROFIT & LOSS REPORT
W. BALANCE SHEET REPORT
SYSTEM ADMINISTRATION
- SYSTEM USER PROFILE MANAGEMENT
B. SYSTEM AUDIT TRAIL
C. COMPANY STAFF DETAILS
D. BUSINESS PRODUCTS DEFINATION (LOANS & SAVINGS PRODUCTS)
E. SYSTEM DEFAULT PARAMETERS (CHARGES & TAXES)
F. DOCUMENT SERIALIZATION
G. KBA – BANK & BRANCH MAINTENANCE
H. KBA – UNPAIDS REASON CODES
I. EMAIL FUNCTIONALITY PARAMETERS
J. SYSTEM CALENDER MAINTENANCE
K. SYSTEM DATABASE BACKUP