FAST SECURE RELIABLE.
Sacconet is core banking system aimed at automating operations of small and medium microfinance institutions from paper-based to online.
THANKYOU FOR CHOOSING SACCONET !
SACCONET is a cloud-based Banking “Software-As-A-Service” (SAAS) solution that provides a convenient, reliable and cheapest way to grow savings, access credit and make payments for Microfinance institutions, village banks or savings and credit cooperatives of any size. This cloudbased storage, transactions management and tracking software provides standard accounting and reporting functionality for extraordinary organizational efficiency, improved risk management and additional income generation to the cooperative institution.
FAST
SACCONET has been designed with the latest core technologies making it very fast at loading hence boosting transaction processes
SECURE
SACCONET provides provides High Assurance self-encrypting data storage solutions.We guarantee that users data will be safe
RELIABLE
Our tech support team is always really available incase your microfinance institution gets challenges in using SACCONET.
AUTOMATE YOUR SACCO TODAY.
Get in touch with us today to have your sacco fully automated.
SACCONET
FUNCTIONALITY
MODULES
CONFIGURATIONS MODULE
In this module, options and features that can be used to adapt SACCONET application to the requirements of any organization (microfinance organization) can be found. This module is used for System Configuration,System Administration and Users Management.
CUSTOMERS MODULE
SACCONET supports three major types of customers
managed under the following menus: Individual Clients,
Group Clients, Business Clients\Institutions This
module is used to track and manage customer features
that include Members registration, Modifying Members
Details, Transfer Group members, Import membership
data, Export membership data and Clients reports.
SHARES MODULE
The Shares module enables users to monitor all the
shares transactions and dealings of the organization’s
shareholders. This module is used to track and manage
shares features that include Buying of Shares, Transfer
of Shares, Register of Current Share Value, Calculation
of Dividends, Import Shares Transactions and Shares’
Reports.
SAVINGS MODULE
SACCONET tracks and manages the organization
’scustomers’ accounts. The customers Savings
Accounts are tracked basing on the savings products
designated to the customer. A customer’s member
number can have any number of additional savings
products if they are defined as savings products. The
SACCONET Savings module allows users to Open
Savings Account, make Savings Deposits and Savings
Withdrawals, Savings Importation, Charges and
Rewards, Time/Fixed Deposits, Overdrafts, Standing
Orders and view Savings Portfolio Reports.
CHART OF ACCOUNTS
SACCONET comes with a standard chart of accounts
but this can be deleted or replaced by another chart of
accounts. Accounts cab be added, modified or deleted.
Accounting data can also be exported to other third party
accounting software.
LOANS MODULE
The Loans module is used to efficiently manage all loans
transactions. Loans transactions can be accomplished
under the following menus: Loan Application, Modify
Loan Applications, Loan Approval/Rejection, Loan
disbursements, Repayments, Postpone Due Dates,
Recalculate Interest, Loan Importations, Penalties on a
single loan, Reschedule Loans, Write off Loans, Transfer
Portfolio to Another Credit Officer, Update Loan
Categories, Products,Funds or Cycles, Modify
Guarantors or Collateral, Calculate Loan Provision, Loan
Portfolio Reports.
MOBILE BANKING TRANSACTIONS MODULE
The Mobile Banking Transactions module will be used
to efficiently manage both mobile banking and Mobile
Money transactions in SACCONET. These transactions
can be accomplished under the following menus:
Mobile Money Settings, Top-up Float, Mobile Money
Withdrawal, Mobile Money Deposit, Airtime Top-up,
Mobile Money Commission, Msacco Commission,
SMS Reports, Msacco Reports,Mobile Money Reports.
GL TRANSACTIONS MODULE
The GL Transactions module is used to post various
General Ledger transactions and their booking to their
respective accounts. This module provides the
flexibility of modifying, deleting and reversing the
already posted transactions. The following features are
managed under this module; Entering Manual
Transactions, Modifying Transactions, Deleting
Transactions, Reversing Transactions, posting GL
Opening balances and Import Financial Transactions.
BOOK KEEPING MODULE
This module is used to Calculate Accrued Interest,
Day Closure, Month Closure, Year Closure, Bank
Accounts Reconciliation, Till Management, Budgeting,
Assets management, Purchases and Sales
management, Financial and Regulatory Reports.
What our clients say
Sacconet is trusted by a wide number of financial institutions in the country
SACCONET has enable us perform faster and accurate transactions daily which has enabled us produce more accurate and
timely reports.
timely reports.
SECRETARY
Kikyuusa Town Council Agile SACCO
SACCONET has helped us transform from the traditional paper-based methods of transactions to online which has made transactions much easier and fast
MANAGER
Mugabante SACCO
With SACCONET loans have become easier to manage, its now easy to followup on loan defaulters and also track loan repayments much easier and in a timely way.
MANAGER
Nshwerenkye SACCO
“Enhancing Digital Financing Through Cooperatives !”
Connect with us
Get in touch with us to know more about our financial solutions
Address
UCA Building, Plot 47/49, Nkrumah Road
Phone
Tel: +256 414 233 988 / Fax: +256 414 258 556
Email Address
support@sacconet.co.ug / info@sacconet.co.ug
Business Hours
Monday/Friday: 8am to 6pm