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A comprehensive,secure & user friendly
Sacco /MFICore Banking &
Management Solution
www.spotcash.co.ke
WhoWe Are
12
3
4
5
Vision
What drives us?
Mission
Tangazoletu Limited is a Kenyan ICT firm that auto-mates business processes in every sector of the econ-omy to promote efficiency, sustainable innovation, and best practice. We develop and provide innova-tive, versatile and reliable ICT & Mobile Solutions.
We are also a trend setter in mobile solutions used by millions of Kenyans, every day and are licensed by Communication Authority to provide premium rate and content services.
Using creative and pioneering technologies, we have used ICT to create solutions to business process chal-lenges, transform different business and economic sectors such as mobile banking, micro-finance, health, distribution and retail.
To create a seamlessly connected world using ICT & Mobile Solutions.
We develop and provide innovative, versatile and reli-able ICT & Mobile Solutions that empower our custom-ers to achieve efficiency, productivity and convenience.
Core ValuesExcellence We endeavor to provide high quality products and services at all times.
Integrity We have made honesty and sincerity integral parts of our operations. We uphold this through strict adher-ence to the moral principles of honesty, trust, equity and transparency in all dealings and relationships.
Creativity and InnovationWe design and develop cutting edge products and ser-vices in Mobile Finance Solutions and ICT to enhance convenience, efficiency and effectiveness.
Client CentricWe listen and work with clients to design, develop and deliver responsive in Mobile Finance Solutions & ICT solutions.
TeamworkWe undertake all our business using joint effortwithin and with our partners.
Introduction to SpotCash CBS
Problem Statement
Tangazoletu’s Ltd seeks to transform the operations of the Saccos to cut down on operational cost and position the business for greater growth opportunities through automa-tion of the Sacco management processes to promote efficien-cy, sustainable innovation, and best practice. We target to achieve this through the proposition to imple-ment and avail the services of our Spotcash Core Banking Solution, developed by Tangazoletu.
SpotCash Core Banking System is highly favored by insti-tutions with a vision of growth & efficiency and it is:
According to SASRA, The SACCO industry in Kenya control 67% of the total assets and 62% of the total deposits for the entire continent1 and also contributes over 45% to the GDP2. It’s also estimated that at least one out of every two Kenyans directly or indirectly derives his /her livelihood from these kinds of cooper-ative movements.2
• Tried and tested in Australia, Africa, Europe, USA, Asia in over 300 institutions
• Follows accepted global best banking practices –international code of banking
• Brings you anytime anywhere banking convenience• Can be used to run the back office, front office or both• Can support
From 50 to over 1 Million Members1 to 300 interconnected branches3 to 1,000 staff
This has spurred the need for Saccos and MFIs to embrace technology and embrace alternative banking channels that would help the institutions serve their large clientele as well as run competitive and efficient businesses.
Kenya control 67% of the total assets and 62% of the total deposits for the entire continent1 and also contributes over 45% to the GDP2.
NIGERIA
SALVADOR
CALIFORNIAUSA
MINNESOTAUSA PENYSLAVIA, USA
IRELAND
ENGLAND
CANADA
ICELAND
SWEDEN
DENMARKLITHUANIA
INDIAMONGOLIA
SRI LANKA
MYNAMAR
SOUTH AFRICAAUSTRALIA
SINGAPORE
KENYA
UAE
THAILAND
BUHRAIN
SOUTHKOREA
TANZANIA
PHILLIPINES
LAOS
CAMBODIA
Powered by Soft4 in usein over 300 institutionsaround the world.
SpotCash CBS
3 SpotCash Core Banking Solution
4 SpotCash Core Banking Solution
Why Should I Get Spotcash CBS?
SpotCash Core Banking system guarantees your Sacco/MFI 4 main benefits as follows:
• SystemSecurityandFraudDeterrence• DataReliabilityandIntegrity• FactDrivenDecisionFramework• Scalabilityofgeographicalimplementation&multi-regional
deployment
These will ensure that your Sacco/MFI has:
• EffectiveandreliableFrontOfficeandOperations• FullBackOfficeAdministrationCapability• Professionalandefficientcustomer/membermanagement• A360degreeviewofmissioncriticaloperations• Versatile products and solutions: Savings accounts, loans
andmortgagesandtermdeposits• Multi-channelbankingsolutionsandsystems• Compliantstatutoryreporting• Businessintelligenceandmanagementreporting
5 SpotCash Core Banking Solution
01
ReportingFeatures
Every aspect and module ofthe Core Banking Systemcomes with its spcific reports.
03 Possible and easy to customize new reports as neededfrom time to time
05Possible to scheduleautomatic periodic reportsto be sent via email
All reports have filters todefine criteria e.g. periodand columns to display
02All reports are exportbale to Excel, Word and PDF.
04
Business Intelligence and analytical management reporting comes out of the box
06
With SpotCash Core Banking Solution, you can process all neces-sary Sacco health and regulatory reports:
• SASRAreports• CapitalAdequacyreport• Liquiditystatementreport• Statement of Deposit return
report• Statement of financial posi-
tionreport• Statementofcomprehensive incomereport
SpotCash CBShasSIXmainmodules:
Front office: Membership, current account, saving ac-count,loanadvances,telleraccountmaintenance.Back office: Periodical activities. E.g. E.O.D, S.O.D, Setupi.e.products,customerscategories,Bank&Cashaccounts,loansandReports.Finance management: General ledger setup, postingsandreports,fixedassets,inventory.Administration: I.T. administration task and applicationsetupe.g.userregistrationandpermissions.Sales and marketing Purchases
ModuleOne
ModuleTwo
ModuleThree
ModuleFour
ModuleFiveModuleSix
6 SpotCash Core Banking Solution
The proposed Sacco Management system has three aspects of its security to ensure system integrity and consistency as follows:
System SecurityThesystemensuresrolebasedaccesstothedifferentfea-turesandfunctionality.Usershavetologinusingthese-curelogininterfaceforsecuritypurposes.
Processes Security The system have a maker/checker workflow definitionandenforcement.Thesystemalsohasanendofdaytype
To maintain data integrity and boost customer confidence, custom-er accounts and transactions details need to be heavily guarded.
SpotCash CBS has a Data encryption management tool that enables data protection. Once activated, the data encoded in such a way that only SpotCash CBS applications can read it.
SpotCash CBS deploys on the Windows operating system and Micro-soft SQL Server; it’s composed of three major components namely:
Security
Database
ofreconciliationtokeepuptodatewiththemostre-cent transactionsandanestablisheddisaster recov-eryandbusinesscontinuityplan.
People Security The system has role segregation to accommodatedifferenttypeofuserswithdifferenttaskstoperformonthesystem,differentaccess levelsandapprovalswithinthesamesystem.Therightsandpermissionshavebeenenforcedinadditiontotheapprovallevels.
• The Database Server: Stores the SCBS data on Microsoft SQL Server
• The Application: A service that controls all aspects of SCBS opera-tion
• The Client(s): The actual user in-terface into CBS
7 SpotCash Core Banking Solution
UserFriendlinessSpotCash Core Banking Solution. Same familiar and easy to use interface with exceptional capabilities and results.
• Improved Productivity: SpotCash CBS is simple, compact, and easy to navigate.
• Great mobile support: This helps you to sign up new members and address customer issues on the ground; without them coming to the branch.
• Tight integration with the Microsoft Office system and Office Outlook: This allows you to easily export data into Ms excel or Ms Word.
• Fast: Access the precise information you need quickly and accu-rately by using the search filters, advanced find, and reporting tools features.
• Reduced Operational risks: The admin decides who has access to which information. It also gives you warning and notification mes-sages in case someone tries to get into a restricted area.
• Timely and accurate reporting: SpotCash is real-time. MPA trans-actions reflects on respective Gl accounts concurrently thus ensur-ing accurate reporting any time.
Administration
BOSA
DASHBOARD
FOSA
8 SpotCash Core Banking Solution
Bundled With
SpotCashMobileBanking 01
02
03
04 05 AlternativeBankingChannels
SpotCashE-Loan
SpotCash Agent Banking
OnlineBanking
• *645#• Usedby50+SACCOsinthecountry• Drivesupto80%ofSACCOtransactionsperday
comparedtoBranchbanking• Canbeusedanywherewheremobilephonehas
network
• ATMIntegration• BankingKiosk• PointofSaleintegration
• ApplyForEmergencyFunds• NoPaperwork• AutomaticProcessing• ReceiveCashonyourmobilewallet• ViewStatements
• Saccogetstheirownagentsanywhereinthecountry• Members can transact at any Spot Cash owned agent
anywhere• Saccodefinesproducts,costsandfeespertransactionto
be offered at agent location
• Membersaccessasecurewebportal• Saccodefinesproducts,costsandfeespertransactionofferedontheonlineportals• Canaccessthisanywhereanytimeintheworld–e.g.fordiasporabanking
9 SpotCash Core Banking Solution
. Integrated database,
. Easy to use user interface
. Highly encrypted data
. Productivity
. Customer service
. Confidence
KEY BENEFITSTO ALL INVOLVED
Features:
TELLER/FRONT OFFICE:
. Flexible & allows you to be proactive
CUSTOMERACCOUNTMANAGER:
. Control & ability to mitigate operational
risks
OPERATIONSMANAGER:
Ability to be prudent
CREDIT RISKMANAGER:
Meet compliance requirements and follow up targets
FINANCEMANAGER:
1) Microfinance ManagementSpotCashCBSsoftwareisdedicatedtomanagingfinan-cial services for micro-entrepreneurs and small busi-nesseswhichlackaccesstobankingservices.
2) Operational ManagementThismoduleoffersyouasinglepointofentry;this in-creases efficiency by eliminating redundant data, re-ducingerrorsandloweringmaintenanceandoperatingcosts.Itiseasytomasterandworkwith;itprovidestheinsti-tutionwithreal-timedata,integratedwithfinancialac-counting,documentmanagementandreportingtools.
3) Loan management This featureallowsyou tomanage theentire loan lifecycle in a single database application, from an initialrequesttofinaldisposition.Itsupportsbothloanorigi-nationandloanservicinginoneintegratedloanman-agementsystem.
Features:Itimprovesyourresultsbymanagingallaspectsofyourloan process pre-qualifying loan requests, processingapplications,commitmentprocessing,loandisposition,servicingandaccountingwithasingledatabaseappli-cation.
4)MortgagemanagementThis feature supports themanagement andprovisionoffinancialloans&/ormortgageloans.Amortgageissimplyamethodofusingpropertyas security for thepaymentofadebtanditissupportedintheSpotCashCBSsolution.
5)AlternativeBankingChannelsThisfeaturesupportstheadditionalaccesschannelsofbankingservicestoyourmembers:i.e.
a) SpotCashMobileBankingb) SpotCashAgentc) MobileAppsd) ATMWithdrawal(CardlessSystem)
0772 767 599 / 0712 464 [email protected]
SpotCash Core Banking,
HEROES 24x7
supported by ourCustomer Service Super
www.tangazoletu.com
facebook.com/tangazoletultd
@tangazoletultd
Solvingproblemsby Creating Client Centric SolutionsWe listen, research and create answers to your problems. Engage us.
Other Tangazoletu Products
Our Partners
0772 767 599 / 0712 464 [email protected]
SpotCash Core Banking,
HEROES 24x7
supported by ourCustomer Service Super
www.tangazoletu.com
facebook.com/tangazoletultd
@tangazoletultd
INNOVATION
EMPOWERING
OF DESERVING FINANCIALINSTITUTIONS THROUGH
GROWTH