Chamasoft is a software platform from Chamasoft that supports the management of financial data and reporting processes. It provides features such as investment tracking, performance analysis, and portfolio management so users can effectively oversee financial assets. The platform is designed to cater to various users in the financial industry, offering customizable reporting tools to meet specific needs. Additionally, Chamasoft assists in automating routine tasks, helping users save time and reduce errors in data management. Key capabilities: investment tracking performance analysis portfolio management customizable reporting tools automation support Best for: financial professionals that need to manage and analyze investment portfolios.
Chamasoft is a cloud-based financial management platform purpose-built for chamas, savings groups, and SACCO-style investment collectives. Developed by Chamasoft Ltd (Digital Vision East Africa) and headquartered in Nairobi, Kenya, the platform replaces manual record-keeping with automated tracking of contributions, loans, expenses, and investments. Accessible via both web and mobile apps, Chamasoft is designed to be practical and easy to use for group administrators and members alike. The platform offers key features such as membership management, automated invoicing, detailed financial reporting, and mobile money support, including MPesa. These capabilities simplify day-to-day financial operations while improving transparency and accountability within groups. Its cloud-based architecture ensures that users can access records and reports from anywhere with an internet connection, supporting geographically distributed members and administrators. Although Chamasoft does not provide a public in-app marketplace or real-time bank feeds, it covers the essential needs of informal financial groups effectively. Support is available through email, phone, and a knowledge base, ensuring users can get help when needed. Flexible pricing, including free and paid tiers, makes the platform accessible to small and growing groups.
Centralizes management of chama savings, investments, loans, and expenses in one secure cloud platform
Automatically records member contributions, arrears, fines, and penalties with real-time balances
Manages internal group loans including applications, approvals, interest, repayments, and schedules
Maintains detailed member profiles, roles, statements, and participation history
Generates automated financial reports such as cash flow, balance sheets, and contribution summaries
Provides access via web dashboard and Android/iOS mobile applications for admins and members
Sends automated reminders for contributions, meetings, and loan repayments
Stores and manages member details, roles, and access rights within the group
Tracks regular, special, and emergency contributions per member accurately
Records loan disbursement, interest calculations, penalties, and repayments
Logs all group expenses with categories and approval records
Tracks group bank balances, deposits, and withdrawals
Monitors group investments, projects, and returns over time
Generates individual and group financial statements instantly
Provides summarized and detailed reports for transparency and audits
Enables contribution and repayment tracking linked to mobile money workflows
Maintains transaction history for accountability and transparency
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Chamasoft is a software platform from Chamasoft that supports the management of financial data and reporting processes. It provides features such as investment tracking, performance analysis, and portfolio management so users can effectively oversee financial assets. The platform is designed to cater to various users in the financial industry, offering customizable reporting tools to meet specific needs. Additionally, Chamasoft assists in automating routine tasks, helping users save time and reduce errors in data management. Key capabilities: investment tracking performance analysis portfolio management customizable reporting tools automation support Best for: financial professionals that need to manage and analyze investment portfolios.
Does Chamasoft have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
N/A
KES (KSh)
Payactiv is a financial wellness platform from Payactiv that provides access to earned wages before…
SmartSwitch is a payment processing platform from SmartSwitch Botswana that supports electronic transactions. It provides…
Savabien is a management software from Savabien [designed for business operations]. It provides tools for…