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Top-essential-fintech-tools-for-financial-institutions

Essential tools for Financial Institutions like Banks, MFI and Saccos in Digital world

Banking, Banking & Financials, Blog /

In today’s fast-paced and evolving digital landscape, financial institutions, including banks, microfinance institutes, and Savings and Credit Cooperative Societies (SACCOS), are embracing innovative technologies. This is to streamline their operations, enhance customer experiences, and stay competitive in the game. In this article we try to explore crucial tools that are reshaping the financial sector, emphasizing […]

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How-CRM-optimizes-profits-and-cutting-costs

Why Fintech companies use the CRM system to reduce customer acquisition costs and increase profits

Banking & Financials, Blog /

Nucleus Research found that the return rose to $8.71— a 38 percent increase after adopting a CRM system. Furthermore, according to a survey conducted by Resco Net, 74% of the participants agreed that a CRM system improved access to customer data. Moreover, 64% believed in improved relationship management. Additionally, other noticeable improvements included interaction tracking

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Best practices for implementing Core Banking System for Banks & Micro-finance institutions

Banking & Financials, Blog, Finance /

Think about your local bank. Have you ever thought for them to be able to coordinate all those procedures and clients what goes on behind those walls? For an entity that handles very sensitive issues how are they able to ensure everything runs smoothly and accordingly? That is what a core banking system does. It’s

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Loan & Payments Management System for SACCOS and Micro Finance companies

Banking & Financials, Case Studies /

Problem Statement: Small finance companies and SACCOS often manage their loans and payments against loan on paper or excel sheets. Managing all incoming transactions and processed loans become a challenge for these companies over the period, especially once data starts growing. Companies don’t have clear visibility about the existing loans, payments received and closed loans.

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How open source CRM solutions help the banking and finance companies

Banking & Financials, CRM Solutions /

The best thing that the world lives to appreciate and especially businesses are the availability of CRM systems and particularly Open Source CRM systems. They offer great flexibility in customization such that banking and finance institutions can greatly benefit from them by tailoring them to conform to their needs. With the implementation of open source

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How Mobile Payments Have Revolutionized The Banking Industry

Banking & Financials, Mobile Applications /

The world keeps evolving day in and day out thanks to the availability of technology. Technology is taking every industry over and simplifying the works relating to these industries by the day. As if that is not enough, every day there is an innovation that further seeks to simplify things using technology. One of the

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