Loan Management Systems vs. Traditional Spreadsheets: A Cost-Benefit Analysis for Kenyan SMEs
Right now, across Kenya, financial institutions managing loans through Excel are unknowingly bleeding an average of KES 4.3 million annually in hidden costs errors, defaults, lost productivity, and missed opportunities. Meanwhile, institutions that switched to modern loan management systems are experiencing 67% fewer defaults, 80% faster loan processing, and ROI exceeding 450% in the first […]








