Credit Cooperative Society Software

Credit Cooperative Society Software
Sahakaar is a Secure Credit Co-operative Society Software built especially for Credit Co-Operative Societies with Automatic posting of business data to accounts module. Sahakaar is a .NET based centralized database online software for Credit Co-Operative Societies with core banking operations such Sessile Deposit, Recurring Deposits, Daily Deposit Schemes, Loan to Customers, Monthly Income Schemes, Return declarations etc. Sahakaar handles the Members details. Sahakaar handles all Frugal A/c, Current A/c, FD A/c, RD A/c, DDS A/c. Sahakaar handles management of Cheque book and Pass book. Sahakaar handles all kind of Loan operations, Printing Loan Ledger, Automatic Interest Calculations. Sahakaar has integrated General Accounting Module alongside Cash-Bank Book, Journal Entries, General Ledgers, Trial Balance, Day Book, Fix Deposit, Profit and Loss Statement, Balance Rope etc. Fully secured database along business based security implementations.Sahakaar has bot developed with the new features and is very much efficient for banking purpose. Its major features which make it unique and effortless are:Direct DebitIt is a fiscal transaction which is mainly used for recurring payments. In this transaction, numeral person withdraws funds from another person’s bank account. To set up payments by direct debit, the payer must complete a Direct Debit Instruction to the merchant. This instruction contains bank-approved wording that makes it clear the payer is setting up an ongoing authority for the merchant to debit their account. The interface for completing the Direct Debit Instruction is controlled by the merchant, who then sends the figures from the mold to the customer’s bank.Electronic Clearance ServiceThe Electronic Clearance Service (ECS) scheme provides an alternative means of effecting bulk payment transactions like periodic (monthly/ quarterly/ half-yearly/ yearly) payments of interest, salary, pension, commission, dividend refund by Banks, Companies, Corporations, and Government Departments. The transactions under this scheme step from a single User source to a large number of Destination Account Holders (Customers/Investors). Sahakaar has incorporated this contract for easiness in fiscal transactions.Standing InstructionA Standing Instruction is given to your slope to execute transfer of funds for a specified value to a specific account, on the same date concerning every month. By setting awake a ‘Standing Instruction’ by your bank to transfer funds, you will no longer poverty to cause an amount transfer, or send a cheque every month. Now you can hang your Systematic Investment Destine with the ease and leave all the dry fund transfers to us.Point of Sale You can analyze sales data; figure out how well all the items on your shelves sell, and adjust purchasing levels accordingly. You can maintain a sales history to promoting adjust your buying decisions for seasonal purchasing trends through POS. You can improve pricing accuracy by integrating bar-code scanners and credit card fiat ability with the POS system.In the face of stiff competition, we have started developing specialized solutions to keep pace with market demand. Also, the care and advocacy of multiple solutions and vendors was a major issue for clients globally, making a core banking solution with integrated offerings the preferred choice. Thus, to conclude, the role like the core banking solution software, Sahakaar is to be revisited and strategized, with focus on the needs of different markets and client segments.