Chamasoft
Finance
Free
Chamasoft is a book keeping tool for Investment Groups ( Chama ), commonly known as Chamas.
Chamasoft automates the operations of these groups, eliminating the need for complex Excel sheets and bulky write up, thereby making the work of financial book keeping within the group easier.
It achieves this in the following way:
1. It automates member invoicing,
2. Keeps an updated statement for each member,
3. Members can login to view their financial position within the group,
4. Reminds members to make payments, stores group data on the cloud (available 24/7 anywhere in the world) and
5. A cash book module for use by the Treasurer.
FEATURES:
- Chamasoft E-Wallet
Chamasoft provides an online E-Wallet that chamas can use to manage their finances by making payments via M-Pesa and withdrawals to M-Pesa or any bank account.
- Financial Management
Chamasoft acts as an online treasurer. All one does is record payments and Chamasoft reconciles the records.
- Membership Management
Chamasoft allows one to register all members on the system where they access to their chama records online.
- Bank Account Management
Chamasoft records withdrawals, transfers and deposits that are performed on the bank accounts.
- Expense Management
Chamasoft allows users to track expenses as they occur, be it for land purchases or payments for services.
- Project Management
One can track projects e.g. Expenses regarding purchase of land, and the contributions needed to carry out the project.
- Loan Management
For chamas that do internal lending, Chamasoft provides a platform for recording these loans.
- Financial Reports
Chamasoft generates the following reports; Member Statements, Loan Summaries, Expense Summary and Transaction Statements.
- One Time Penalty Management
One can penalise members for issues such a late coming and this will be reflected on the members' statement.
CHAMASOFT
Focus on your Group Investments (chama, sacco) as we handle your group financial administration.
Do not wait — Download and automate your group, chama or sacco now!
Ratings & Reviews
Revamped user interface with a fresh and modern design.
Improved navigation for a smoother and more intuitive user experience.
Enhanced visuals and animations to provide a visually appealing interface.
Optimized layout for different screen sizes, ensuring consistent presentation across devices.
Implemented AES-256 encryption algorithm for secure data transmission.
Strengthened user authentication mechanisms to prevent unauthorized access.
Implemented two-factor authentication (2FA) for an added layer of account security.
Enhanced data encryption for sensitive user information stored locally.
Implemented regular security audits and penetration testing to identify and address vulnerabilities.
Resolved various bugs and crashes reported by users, ensuring a more stable app.
Optimized app performance and improved loading times for a seamless user experience.
General performance enhancements to make the app faster and more reliable.
The developer, Digital Vision East Africa, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Linked to You
The following data may be collected and linked to your identity:
- Contact Info
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
- Seller
- Digital Vision East Africa Limited
- Size
- 79 MB
- Category
- Finance
- Compatibility
Requires iOS 11.0 or later.
- iPhone
Requires iOS 11.0 or later. - iPad
Requires iPadOS 11.0 or later. - iPod touch
Requires iOS 11.0 or later. - Apple Vision
Requires visionOS 1.0 or later.
- Languages
- English
- Age Rating
4+
- 4+
- Copyright
- © Chamasoft Limited