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Rentmaster property management software#
Our software deploys a simple yet comprehensive loan processing cycle that consists of Loan Application, Review, Approval & When creating a loan, you have the ability to customize particulars like period that a member should be active for before he/she can apply forĪ loan, number of guarantors allowed per loan application, the savings factor to calculate the amount a member qualifies for etc. Loan insurance can also be set either as a percentage or you might opt to use the default insurance formulae provided by CIC Insurance Group. Loan application fees are application based on amount ranges or as a flat percentage.
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Loan interest may also be calculated based on two methods ġ.) Flat Rate - Interest is charged as a flat amount irrespective of the date of payment.Ģ.) Time Based Rate - Interest is charged dependent on the date, the earlier you pay, the less the interest charged & vice versa. & the Pre-paid Interest(works like Okoa Jahazi). The Lending package supports different types of Loan Amortization Rates for example, Straight line, Reducing balance Special Mention On Our Loan Management Module Member Personal Account Module - Captures All relevant information relating to Members like their Biodata, Next of kin, Loan applications, Guarantors & Loan limits. Member Online Portal Module - Provides Members with Secure Access to their Account Balances & Statements, Loan Balances & Statements via their mobile phones or tablet devices. Investment Module - Monitors All Sacco Investments & Business Transactions with accurate reports on the Capital, Expenses incurred & Net Profit earned.
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Rentmaster property management trial#
General Ledger Module - Generates Financial Reports & Statements Like the Balance Sheet, Trial Balance, Profit & Loss, Cash Flow, Ageing Creditors & Debtors Reports etc. The software has been built on Eight (8) main modules that formulate the core basis of its design & operations.Īsset Register Module - Keeps track of Sacco Assets, their Depreciation & Net Book Value.Ĭash Book Module - Captures all Receivables & Payables like Shares contribution, Loan Disbursement & Repayments, Income & Expenses.Ĭheck Off Module - Automates the drawing up Standing Orders From an Employer's Payroll reducing the Time & Workload.Įmail & SMS Module - Manages Communication With Members to confirm payments or even issue reminders like loan deadlines. The system has been tried & tested in Employer Based, Business Based, Agricultural Based, Transport Based,ĭiaspora Based, Sports Based & Institutional Based Saccos. You can also get data on loans & their status for example, due loan payments, pending applications, defaulted loans & even This includes alerts like current monthly income, expenses & also contribution totals from members.
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Our User Interface design (UI) provides a user-friendly background as well as user-friendly functions.Īll Critical data that requires to be worked on is always available & displayed in summary form on the system dashboard that is automatically We seek to transform the operations of the small, upcoming Saccos to cut down on operational cost & position the businessįor greater growth opportunities through automation of the Sacco management processes to promote sustainable innovation, efficiency It can run from the cloud or even when installed within your own premises. It is an integrated management information system that has been designed & developed by Kangai Technologies to provide anĮfficient & effective solution to the numerous issues that hinder Saccos & other Micro Finance Institutions (MFI) countrywide. SaccoTek is a financial system targeting small & upcoming Co-operatives & Micro-finance firms in Africa. Designed For BOSA Savings & Credit Co-operative Unions