SaccoTek Cloud Real Estate is an integrated real estate & housing management information system that has been designed to provide an efficient & effective solution to the numerous issues that hinder Cloud Real Estate companies & Housing Co-operatives.
Our User Interface (UI) design provides a user-friendly background & functions. All Critical data is displayed in summary form on the system dashboard that is automatically viewed once you login.
The system comes equipped with modern modules such as an automated certificate generator for share capital certificates &
This certificate is readily available to members & clients via the online members' portal that can be accessed by any mobile device with a reliable internet connection.
The real estate system accurately calculates the commissions due based on real-time data & avail the relevant reports
This ensures that sales agents will get accurate statements on their commissions, which can be very critical in their performance appraisals.
CLIENTS PERSONAL ACCOUNTS (CPA)
This module caters for all matters pertaining to Customer Relationship Management (CRM) & Know Your Customer
It can be configured to replicate your physical new member registration form.
The default form captures mandatory fields such as Full names, Date of birth, ID/Passport number, Phone numbers, Email address, Occupation, Residence, Next of kin & Beneficiaries.
The system can handle membership registration in terms of individuals, groups or business entities. Moreover, members can be enlisted into groups within the Sacco & borrow loans or make benevolent contributions as one unit.
The data captured in this module can be analyzed & interpreted to generate various socio-economic studies & reports so as to aid the Sacco in understanding their members better.
HOUSING & REAL ESTATE MODULE
The module centers on five (5) core main principles.
It involves the process of recording properties to the system whilst recording the initial costs that were incurred in the purchasing stages such as the land/property cost, taxes accrued & legal charges.
This caters for the division of the property into the preferred units of sale with each unit bearing a unique identification serial number.
For developed real estate units like buildings, you can initialize the units into different sizes of housing units such as commercial stalls, one bedroom or office spaces based on the per meter square basis.
This delves with the assignment of unique units to a member. This application will instantly mark off the unit as reserved thereby preventing any future mix-up when allocating vacant units.
This is the final step as it involves the payment & transfer of a unit to the member who was allocated the selected property in the previous stage.
It is after this point that a title deed or share certificate can now be issued to the buyer. The status of the unit automatically changes to sold-out within the system.
The system automatically generates a Plot Ownership Certificate that can be customized to align to your institution using your official details such as the logo, colors, slogan, signatories, & finally the name of the client & the land title number.
This phase provides access to dynamic reports & statements regarding all properties in the system. It provides accurate analysis for evaluation, viability of a project & feasibility of every property unit.
The system calculates all associated costs in developing every single property unit. You can easily generate reports on vacant, reserved, assigned & sold out properties all at a touch of a button.
CASH BOOK & GENERAL LEDGER MODULE
The Cash book captures all Accounts Receivables & Accounts Payables like Shares & Savings Contributions, Property
payments, Incomes & Expenses etc.
The system enables faster adaptation of these transactions into the financial platform with the integration of Banks & M-Pesa notifications to ensure synchronization of information & fasttrack data processing.
The General Ledger is composed of financial reports that are necessary in the day to day running of Saccos.
These reports are SASRA compliant.
Therefore, submission of vital documentation to the regulator will be easy & automated.
You get unfettered access to reports such as Ageing reports for Creditors & Debtors, Balance Sheet, Cash Flow, GL Journals Trial Balance, Profit & Loss Statement among others.
ONLINE MEMBERS PORTAL
Saccotek Cloud Real Estate system has an integrated mobile friendly member portal that is accessible on any mobile device with a working
Your members will be able to log in to the portal whereby they can access information such as account & property statements, current balances of their savings, loans or any other accounts held with the Sacco.
The Sacco may also post announcements & notices on this portal so as to reach their members in good time.
Members can also post enquiries, complaints & other types of feedback for quick resolution by the Sacco officials.
Another new option that is available for your Sacco on this online mobile portal platform is the Automated Share Certificate & Plot Ownership Certificate Generator.
This feature generates a share certificate with genuine signature specimens of the management officials. This certificate when printed on demand, can be used as proof of membership & ownership of the Sacco.
BULK SMS SERVICES
Bulk SMS services are integral to the system as a mode of communication & alert notification.
We have partnered with an International Service Provider (ISP) to help us provide the best services to our clientele.
For this, we recommend the purchase of a Sender ID that will be used as the title for any sms sent to members by the system.
This will promote the authenticity of the communication channel to members.
Sender IDs are sourced for all networks that you intend to send messages to.
For example, you will be at liberty to choose whether you want to purchase one for Safaricom, Airtel or Telkom.
Each of these have a one-off fee of Kshs 10,000.
The only other cost involved in this services is the purchase of SMS bundles which can cost anywhere between Kshs 0.4 to 0.8 dependent on the number of SMS purchased.
Our software products are equipped with state of the art access controls mechanisms. Access must be limited to authorized
users via a secure authentication process.
Each user must have a unique username, & the sharing of accounts must not be allowed. System administrators should have a separate admin account to perform any administration tasks.
Access to our products must be password protected. Such protection shall include but not be limited to the secure & state of the art password policy; an automatic session logoff after a certain amount of idle time; lock out in case of multiple failed login attempts;
Safe & reliable password reset process; change of passwords at least every 90 calendar days. Passwords shall always be stored & transmitted in a secure way, e.g. by encryption, hashing or discrete channels.
You can rest assured that all data servers containing or processing your data must be located in a secure data
center/online/offline server, to which access is restricted.
We always implement a backup policy that ensures system & data recovery for at least 30 days backwards. Our primary mandate is to commit to protect all your data by protecting the software using Secure Socket Layer (SSL).
We will also strive to ensure that data is secured by means of multi-layer encryption services & packages such as AES Encryption, SHA256 among others.
Kangai Technologies shall provide secure & certified data hosting while it’s in transit & at rest. We shall deliver this by using at least eight cloud server storage options available to us for purposes of online hosting & data storage.
SOFTWARE SUPPORT & MAINTENANCE
We offer a complimentary support package to our clients that consist of 12 months free support from the day of purchase.
We also conduct follow-ups via physical site visits, Cisco Webex, Skype & Zoom sessions & telephone calls periodically to ensure the smooth running of the system.
Customizations & Upgrades are based on the severity of the project & can be tabulated on request.
We also use 3rd party applications such as AnyDesk & TeamViewer to provide exquisite, fast & real-time support services.
We also offer System training to users free of charge & on successful completion, we issue a certificate to the system users.
BANK & M-PESA INTEGRATION
The Sacco System has the capacity for integration with a number of banking systems such as Co-operative Bank, Equity Bank,
Family Bank, KCB, DTB & M-Pesa.
This allows seamless communication between the financial institutions & the Co-operative at no extra fee.
The system will receive debit notifications whenever members make payments to the Sacco irrespective of the channel they use.
This in turn reduces the need to manually post transactions because the data is automatically dispensed within the system.
This kind of transactions promote transparency & accuracy of the transactional data from members. It also serves to ease up on the laborious tasks of banking reconciliation.
Our system deploys an Advanced Data Encryption Algorithm tool that promotes fool-proof Data Protection & enables Data Integrity.
The system is integrated with numerous statutory reports & financial statements that are all exportable to Word, Excel or PDF.
IFRS 9 directs how a housing or real estate firm classifies & measures financial assets, liabilities & contracts to buy or sell non-financial items.
The system has a Maker-Checker workflow meaning that for each transaction, at least two individuals are necessary for its completion.
The system can send automated reminders for new offer alerts, payment notifications, late payment reminders & much more.
Our system has no limitations on the number of users who can access the platform or number of properties that can be handled in the system.
Thus, we host our system products on our dedicated cloud servers to enable seamless access & connectivity from anywhere in the world.
Pricing is based on factors such as; number of users, physical location & the scope of data.
We also have two models of payment; One-off & subscription models.
In the One-off model, the system is sold at an agreed fee & the system license is transferred to the client as a deed of full ownership.
In the Subscription model, the client will make payments in a monthly, quarterly or annual basis to be granted with a license to use the system product.
This letter will then get submitted to your bank or mobile money paybill provider, who shall then contact our team to initiate the integration process.
For M-Pesa Paybill integration, the whole cycle takes about 3 - 7 working days. For banks, which are a bit bureaucratic with this process, it can take anything from 14 - 45 working days.
You can also setup automated SMS notifications to be sent to your clients once payments are received, annual general meetings (AGM) alerts, reminders & warnings.
This feature reduces operation costs such as new cheque book fees, traveling costs for signatories & also the timeline it takes for loans to get disbursed.
All costs are broken down into modules like training costs, integration costs, support & maintenance charges, bulk SMS costs e.t.c
Our system products can be configured into USSD formats for usage by feature phones & old model mobile phones with limited or no internet connectivity.
All you need to do is contact us & let us setup an ideal solution for your company.
We also conduct follow ups via site visits, Skype sessions & telephone calls periodically to ensure the smooth running of the system.
Customizations & upgrades are based on the severity of the project & can be tabulated on request.
We offer System Training to users free of charge & on successful completion issue a certificate to the system users.
This means it can run on any web browser, on any computer or smartphone with a reliable internet connection.
We also install military grade Secure Socket Layers (SSL) certificates that ensures the data transmitted between our servers & your web server is encrypted, making it more difficult for hackers to decipher.
Monarch House, 1st Floor, Thika Road, Adjacent To USIU
info (at) kangai.co.ke
+254 737 283 113