kanzu-banking-a-solution-from-kanzu-code

Struggling to keep your SACCO's financial records up-to-date?

Does it take several days to come up with a report on who owes what, get members’ savings balances and find which collections are falling behind schedule?

It is overwhelming.

Pen and Paper are error-prone. And only you understand that Excel sheet.

Keeping track of your investment club’s records in an Excel sheet is a lot of work (but the other members don’t seem to know it!). Making sure the records are up-to-date and error-free can quickly turn into a full-time job and since you have other work, creating accurate reports in time for meetings is stressful. As if that’s not enough, if you aren’t there, no one knows their savings or loan balances!
keeping-proper-records-for-investment-clubs
Keeping track of your investment club’s records in an Excel sheet is a lot of work [but the other members don’t seem to know it!]. Making sure the records are up-to-date and error-free can quickly turn into a full-time job and since you have other work, creating accurate reports in time for meetings is stressful. As if that’s not enough, if you aren’t there, no one knows their savings or loan balances!
Keeping track of your investment club’s records in an Excel sheet is a lot of work [but the other mem- bers don’t seem to know it!]. Making sure the re- cords are up-to-date and error-free can quickly turn into a full-time job and since you have other work, creating accurate reports in time for meet- ings is stressful. As if that’s not enough, if you aren’t there, no one knows their savings or loan balances!
keeping-proper-records-for-investment-clubs
create-useful-reports

Creating useful reports takes time.

It is hard enough reconciling all payments that have been made; it is even harder coming up with multiple reports that show a 360 degree look at the SACCO's financial health. On top of that, you need to send each member their personal statement. The days leading up to meetings have you working overtime to have things in order.
create-useful-reports

Creating useful reports takes time.

It is hard enough reconciling all payments that have been made; it is even harder coming up with multiple reports that show a 360 degree look at the SACCO's financial health. On top of that, you need to send each member their personal statement. The days leading up to meetings have you working overtime to have things in order.

Are those records secure?

While it has never happened before [and hopefully, never will], what would happen if that Excel sheet were compromised? When was the last time you backed it up? One compromise means your SACCOs entire financial history is either gone tampered with. How do you recover from that?
secure-your-financial-records

Are those records secure?

While it has never happened before [and hopefully, never will], what would happen if that Excel sheet were compromised? When was the last time you backed it up? One compromise means your SACCOs entire financial history is either gone tampered with. How do you recover from that?
secure-your-financial-records
loan-approval-process

Getting loans approved takes several days

It is tough finding time to breakaway, review and approve loans. When you factor in that at least two of you need to do this, your SACCO member eventually takes several days waiting for a loan they urgently needed. They might even have to borrow from elsewhere as they wait for all the approvals to be completed. Not cool.
loan-approval-process

Getting loans approved takes several days

It is tough finding time to breakaway, review and approve loans. When you factor in that at least two of you need to do this, your SACCO member eventually takes several days waiting for a loan they urgently needed. They might even have to borrow from elsewhere as they wait for all the approvals to be completed. Not cool.

How can we help?

Kanzu Banking is a digital platform that simplifies the process of managing your SACCO, VSLA & investment club. Our web and mobile channels make it possible to:
track-member-savings
Track member savings & loans from the web and using our mobile app
kanzu-banking-has-sms-notifications
Receive SMS notifications for changes to one’s savings/loan account(s)
kanzu-banking-ussd-integration
Access select functionality over USSD.
track-member-savings
Track member savings & loans from the web and using our mobile app
kanzu-banking-has-sms-notifications
Receive SMS notifications for changes to one’s savings/loan account(s)
kanzu-banking-ussd-integration
Access select functionality over USSD.
view-the-right-reports-from-kanzu-banking
View a comprehensive suite of reports.
kanzu-banking-does-regular-backups-for-you
Benefit from automated back-ups & regular system updates to keep in step with changes in technology.
distribute-dividends-efficiently-off-kanzu-banking
Distribute dividends to members.
view-the-right-reports-from-kanzu-banking
View a comprehensive suite of reports.
kanzu-banking-does-regular-backups-for-you
Benefit from automated back- ups & regular system updates to keep in step with changes in technology.
distribute-dividends-efficiently-off-kanzu-banking
Distribute dividends to mem- bers.

Let’s give Excel and you a break. Let’s handle the tech so you can focus on what matters the most – growing your money!

Start your project today.