01
The review queue
A payment whose account number matches no member waits here with a to-do for the teller, instead of disappearing into suspense.
Bank Collections: Paybill money reaches the member by itself
Paybill deposits credited to the right member as the bank reports them, STK push prompts from the portal or the counter, and a review queue for anything that does not match.
+$13.56/mo at 1,000 members. Free instant access, no credit card required.
Works with
Members & Shares
Savings
Loans
Member Charges
Member Portal
02
Pick the member and confirm
The teller chooses the member and the account, confirms, and the deposit posts.
03
Payment codes sent from the portal
A member who paid with the wrong reference sends the code from the portal; staff verify it against the bank and confirm.
What's inside
Everything in Bank Collections
6 items in 2 areas, every one shipping with the app today.
How money is matched
- Account number firstThe paybill account number carries the member number, so the money routes itself.
- Phone number nextWhen the reference is wrong, the paying phone number can still identify the member.
- Never credited twiceEvery payment code is a key: a notification the bank sends again is recognised and not posted a second time.
Channels
- Bank notificationsCo-operative Bank of Kenya paybill notifications credit the member as they arrive.
- STK pushSend the payment prompt to the member's phone from the portal or the counter.
- Statement feedThe bank statement is read as a second source, so a payment the notification missed is still found.
Works with
What Bank Collections works with
Bank Collections shares one database with the rest of the SACCO Suite and BridgeERP: these are the apps it already talks to, with nothing to buy in between.
Builds on
Bank Collections needs these to run; they come with it in the same plan.
- Members & SharesThe member register: applications, KYC documents, next of kin, employment and check-off, groups, branches and share capital.
- SavingsRegular, fixed-deposit, holiday, education and junior savings, with deposits and withdrawals from every channel.
- LoansLoan products with their own limits, guarantors, appraisal, the credit committee, schedules, repayments and arrears.
- Member ChargesManagement fees, fines, passbooks and uniforms, billed one by one or in bulk and paid by mobile money, cash, bank or from savings.
- Member PortalMembers join online, check balances, deposit, repay, apply for loans and answer guarantor requests from any phone.
And the wider platform
Any BridgeERP app can join the same database.
AccountingFull double-entry accounting, bank reconciliation, assets, budgets and statutory reports.
ExpensesEmployee expense claims with receipt capture and reimbursement.
InvoicingCustomer invoices, vendor bills, payments and tax handling.
SignSend documents for legally binding electronic signature.
SubscriptionsRecurring contracts, automatic renewals and MRR reporting.
EmployeesEmployee records, contracts, attendance, skills, appraisals and referrals.
In the suite
More SACCO Suite apps
Put Bank Collections to work
Add it to your SACCO Suite plan, priced per member, or start a free trial and see it running first.