To achieve a competitive advantage in the market of today, Microfinances, formal and informal Savings and Credit Corporatives (SACCOS) groups and other related institution need to let go of the traditional approaches towards managing their operations. Adopting a reliable, efficient and sustainable application to streamline the business operations within an institution can amount up to 80% increase in efficiency and accuracy while minimizing costs and overheads.

What is SACCOS+?

SACCOS+ is a multi-modular Information System designed to manage shares, contributions, loans, and other information of members for the Savings and Credits Cooperative Societies with an easy-to-use interface dedicated to assist in capturing all the operational processes achieving maximum control and transparency to all stakeholders.

Equipped with an accounting package, SaccosPlus stands as an independent solution which can provide all reports about the overall operation within any Saccos Group without depending on any external aid.

Uses of a SACCOS+?

The power of SACCOS+ to digitize all the processes within SACCOS groups is SACCOS+ is very helpful in quick decision making, planning and forecasting with the reliable reports attained from the system.

Intuitive, easy to use and well elaborated system interface 

Easy to use interface which provides easy navigation across multiple modules and other integrated platforms e.g. M-Lipa.

Equipped with Chart of Accounts for all the transactional operations

With the chart of accounts, the cooperative union can be able to customize their accounts according to their policies in a flexible manner.

Allows SMS Alerts and notifications (Automated and Triggered)

Triggered and automated messages to enable instant information sharing between the members and other stakeholders efficiently.

Quick financial, members and other related reports

Saccos+ offers more than 25 reports which enable the stakeholder to make well informed decisions when it comes to budgeting, planning and forecasting

What are the benefits of SACCOS+?

Maximum control of membership loans and shares

Ability to control the number of members in groups and capture all the operational processes into achieving maximum control and transparency to all stakeholders.

Quick financial, members and other related reports

Helpful in quick decision making, planning and forecasting with the reliable reports attained from the system

Cost reduction as compared to manual apporaches

It can amount up to 80% increase in efficiency and accuracy while minimizing costs and overheads.

No need for external or supporting system/ manual work for financial reports

It is independent solution which can provide all reports within any Saccos Group without depending on any external aid.

Improves communication to all the cooperative members

Designed to manage shares, contributions, loans, and other information of members for the Savings and Credits Cooperative Societies.