Base Sacco Management System (DMS) fully supports both back office and front office Sacco operations;
Key Features of the Base Sacco Management System are:
- 360 degree user view off all savings, charges, guaranteed amounts
- Bulk /batch loading of contributions for members
- SASRA reports
- Saccolink integration
- Creation of investment pools for members
- Guarantor amortization ratio on loan repayments
- User levels for management committee and supervisory committee
- Elaborate and detailed member, beneficiary and net of kin bio data
- Borrower and guarantor rating manual and automated based on scoring algorithm
- Accounting module with bank and Mpesa deposits and disbuursement reconciliations
- Individual accounts
- Group /company accounts
- Members register with document management system for ID cards etc
- Loan application based on product rules and repayment history
- End to End integration with MPESA for deposits and disbursements
- Upto 5 levels of maker checker access for all modules
- Loan Management: You can view at any time the performance of any member or loan from the time of disbursement and analyze your defaulters ‘rate and projected incomes.
- loan rescheduling which allows you to vary the duration and top up or reduce by a lump sum payment of or the balance of a loan, and loan amalgamation, which allows you to combine several loans given to a member into one loan, thus vary the amount, interest rates and duration, based on selected loan product.
- reminders for overdue loans and automatic application of penalties.
- Integrated Accounting: Income from interests, penalties and other sources are automatically computed based on the terms of the loan product and lapsed duration, thus eliminating the need to manually compute and post these occurrences.
- Bank integration for easy reconciliation
- Comes complete with white label android mobile application
- Daily summaries and performance reports
- Detailed Audit Trail
- Members/Customers & Transactions , Balances, Statements etc
- Automated guarantors value calculator with custom restrictions.
- Separation of member savings funds in separate accounts from Sacco management,shares register and interest accounts
Key Benefits of Base Sacco Management System:
- Streamline Operations, Empower Users, and Respond Faster for Better Service.
- Improve overall efficiency of the company by activating content and streamlining how it is shared, accessed, secured and leveraged across the organization.
- Reduce error rates
- Reduce Administrative Costs
- Increase Claims Processing productivity.