Cooperative Societies have got to a place where
they take prominent roles in both the lives of their members
and the society at large. However, the importance of the
societies is being undermined as a result of:
- Lack of Proper Accounting System
- Inability to get the status of Loan Portfolio as at when
due
- Inadequate Record System of Saving Contributions
- Untimely Preparation of Profit and Loss Account &
Balance Sheet Items
- Lack of Good Management Information System
These problems came as a result of manual method
of data processing being embarked upon by majority of the cooperative
societies. However, it has been observed with genuine
concern that suitable computer software product should be designed
specifically to take care of the above needs. In response,
we have developed the software. Parts of the features
of the software are as follows:
*Capturing Members Personal Records:
Names & Addresses. Acc. Nos., Date of Entry,Organization,
Department, Zones, Next of kin, Photographs, Signatures, etc.
*Capturing Members Financial Records:
Monthly Contributions,Loan Deductions, Interest Deductions,
Special Savings, Shares Savings, etc.
*Multi-Purpose Functions:
Sales of Land, Household items, Rice, Commodities, Group Contributions
(Ajo / Esusu), Special Deductions, etc.
*End-of-the Month Processing: Automatic
calculations and deductions of: all contributions, loan deduction
items and multi-purpose facilities, Automatic calculation of
balances, Total elimination of manual methods of interest calculations,
loan and interest repayment calculations, Total elimination
of calculation errors, Flexibility in processing options, Roll-back
facility for processing in error, Automatic Dividend Calculations,
etc.
*Auto Report Facilities: Individual
Ledger Account with Photographs, Monthly deductions details,Monthly
deductions summaries, Credit Committe Report, Periodic Account
Balances, cashbook, GL, Profit & Loss, Trial Balance, Balance
Sheet, etc.
*Other Facilities: Ability
to withdraw from savings, special savings, share savings, Direct
Cash or Cheque Deposit, Ability to offset loan balances with
Cash or Cheque, Flexibility in Setup Facilities, Multi-users/Networking,
Easy to use, Security, etc.
You Need This Software
If:
You
still maintain manual record system
You
still use Spreadsheet which can never provide the versatility,
flexibility and security provision of an integrated cooperative
software solution
You
still use generalized accounting package
such as Peachtree which does less than half the job with a lot
of manual effort or "hard labor"
You
still use an in-house package which
revolves around only one "computer-guru" in your organization
Make
a telephone call to either 08023358188 or 01-8158980 to have a
price discussion.
