How a SACCO can lend at 13.5% and pay 18% interest on savings
SACCO, one of the fastest growing and most profitable SACCO in Uganda,...
Overview
FutureLink Technologies offers unrivalled financial technology solutions to the Financial Coops & MFIs
Established and newer entrants in the financial SME space are finding it hard to cope up with the ever evolving technologies in the financial sector and hence find themselves unable to compete, due to lack of expertise and infrastructure that is needed in this day and edge.
How can a financial cooperative realise its growth ambitions which are so often based on technology that they don't have or too expensive to have and maintain?
FutureLink Technologies offers financial cooperatives full management of their client's data and transactional processes at 10% the would be cost if the cooperative run its own administration. We again offer a complete digital marketplace to both the cooperative and its clients whereby a cooperative can gain clients without lifting a finger, and also a client can onboard onto a cooperative without having to visit the institution's branches, anytime, anywhere.
Our Banking as a Service (BaaS) core banking system, is a middleware solution that allows financial institutions to easily manage their customers data, gain more clients, track the daily, monthly and annual transactions done, analyse their clients' information, determine churn rates, calculate CRB, and so much more. We are to provide all these and more, under a secure and distributed system, that follows state of the art principles and practices.
What we offer to you
A Revolutionary Platform for Financial Cooperatives and MFIs
For Financial Cooperatives and Micro Finance Institutions that desire to grow profitably, FutureLink Technologies is a community driven marketplace for financial services through which they acquire, serve and retain customers, access affordable financing, grow transaction revenue, and reduce operational costs to 10% the ordinary cost.
How it work
To join the Banking as a Service (BaaS) core banking system, cooperatives usually follows a 3-step process:
-
Step 1Book a demo
Get in contact with us via all contact channels on this website. Send us an email or call us to book a demonstration on how the whole system works -
Step 2
We demonstrate how system works
We take you through the entire process of how the BaaS works as well all the benefits it has to offer. -
Step 3
Sign a contact
After the demo, we present you an offer to signup with us and enjoy what the BaaS has to offer.
Benefits
Why a Financial Cooperative or MFI should get on board the Savings Plus (BaaS) Platform
Efficient Management
SavingsPlus streamlines the management of SACCO operations, offering tools for easy member registration, account management, and efficient record-keeping. It simplifies administrative tasks, reducing the time and effort required for routine processes.
Risk Mitigation and Compliance
The software includes features that enable SACCOs to monitor member activities, track transaction trends, and assess risks. It aids in identifying potential anomalies, reducing fraud, and ensuring compliance with regulatory standards.
Enhanced Member Services
The software provides members with convenient access to their accounts, allowing them to check balances, make transactions, apply for loans, and access services remotely. This enhances member satisfaction and engagement.
Data Security and Integrity
SavingsPlus maintains robust security measures to protect sensitive member data, ensuring privacy and compliance with data protection regulations. It offers secure data handling and encryption to prevent unauthorized access.
Improved Loan Processing
SavingsPlus automates and streamlines loan application processes, making it easier for SACCOs to manage loan portfolios, assess member eligibility, and efficiently process loan applications. This expedites the lending process and reduces paperwork.
Financial Reporting and Analysis
The software generates reports, allowing SACCOs to analyze financial data, member trends, and performance indicators. It assists in strategic decision-making, planning, and forecasting, thereby improving operational efficiency.
Don’t wait any longer: Get in touch with us at your convenient time and we will be able to help you. There is so much more we offer you.
Insights/Resources
Expert insight and analysis on the latest trends.
FLT, first African company to win the Global SME Finance Platinum Award for Product Innovation of the Year
Future Link Technologies Ltd becomes the first African company to win the...
SACCOs take on Technology to to reach more women and boost savings
For Mary Mbabazi Amooti, an elderly member of SAO Zirobwe, financial inclusion...
Impacting the Lives of Women and People with Disabilities
In partnership with Financial Sector Deepening Uganda, through MSACCO, FutureLink Technologies is...