In this article, we will talk about the features of a good SACCO management software/system. There are quite a number of SACCO management systems out there. Just choosing the right one could be the problem. If you have read my other article on how to choose a SACCO Management system, you probably know that it is quite a task sourcing the best SACCO management system for your SACCO.
So what are the features of a good SACCO management Software System?
Data Security
A good SACCO management software must be keen when it comes to security of the data stored and retrieved via the software. The software should encrypt data using a strong data encryption algorithm. It should make it hard for unauthorized people to access the stored data and in the event that an attacker manages to infiltrate into the database, the data should not make sense to the them.
Easy to use
Ease of use of any software system is a key factor in both adoption and successful deployment of the same. That’s why I have put it here as one of the features of a good SACCO management software. If a SACCO management system is seamless but hard for users to operate, users tend to waste time trying to figure out how to achieve some operations. The learning curve should not be very steep as well.
Addresses your SACCO’s unique requirements.
You cannot talk about a good SACCO management system without talking about your SACCO’s unique requirements. There’s not goal in a SACCO acquiring a platform that solves every other problem out there except the SACCO’s own unique requirements.
Customer Support
This is not necessarily about the SACCO Management system itself but the system vendor. The system vendor must be able to offer users the support they require. A good system without good user support is like a road to nowhere.
Accessible 24/7
A system that needs to be accessed remotely by different user categories (staff, members etc) should always be online. If the SACCO chooses to host the platform on it’s own servers, the servers must always be live and accessible.
Integration with third party applications (Payment gateways, SMS services etc).
Integration with third party systems such as (Payment gateways, SMS services, Email services, CRB services and Payroll services) improves efficiency and enhances service delivery. Users do not need to switch between platforms to finish some tasks.
These are some of the features of a good SACCO automation platform. If your SACCO, CHAMA or MFI is not using fibo360, you should consider switching today. Get in touch with us via this form.