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Chamasoft

by Chamasoft · Since N/A
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ActiveAvailable globallyCloud
Quick facts
VendorChamasoft
Year launchedN/A
StatusActive
LocationP.O. BOX 104230 – 00101, Nairobi, Kenya
Countries servedGlobal
Languages6
Integrations
Free tier
Free trial
Contact sales

About Chamasoft

Chamasoft is a financial software platform from Chamasoft that provides investment management solutions. It includes portfolio management, performance reporting, and compliance tracking so users can manage their investments effectively. This platform supports various asset classes and offers reliable analytics features to aid in decision-making. Chamasoft is designed to cater to investment managers and financial professionals, providing tools for efficient data management. Key capabilities: portfolio management performance reporting compliance tracking risk assessment data integration Best for: investment managers and financial professionals that need a comprehensive solution for managing and analyzing investment portfolios.

Chamasoft by Chamasoft is a cloud-based financial management platform designed to streamline accounting and operational workflows for savings groups, investment clubs, and small to medium enterprises. Its primary purpose is to simplify the management of contributions, loans, and group finances while providing real-time insights into group performance. Key features include automated member contribution tracking, loan management, financial reporting, expense monitoring, and notifications for dues and repayments. By centralizing financial activities, Chamasoft reduces manual bookkeeping errors and promotes transparency among group members. Chamasoft offers an intuitive, mobile-friendly interface optimized for both web and mobile devices. The dashboard presents key metrics such as total contributions, outstanding loans, and upcoming payment schedules, making it easy for users to monitor group finances at a glance. Navigation is straightforward, with well-organized menus for members, transactions, loans, and reporting. Features like color-coded alerts for overdue payments and one-click transaction entry enhance usability and reduce the learning curve for new users. The software’s core functionalities focus on automating repetitive tasks, including contribution collection, loan disbursement, and interest calculation.

Pros & Cons

What users like
  • +Automates operations, eliminating the need for complex spreadsheets and bulky write-up.
  • +Guarantees 100% accuracy on all reports, ensuring reliable financial data.
  • +Chama information is securely stored and only visible to authorized users.
  • +The platform is highly accessible with an industry-standard uptime of 99.9%.
  • +Dedicated support is provided to all group members through various channels.
What users flag
  • The free plan offers no clear functionality beyond existing for life.
  • Only the most expensive yearly plan includes the 600 free SMSes benefit.
  • The text does not detail integration with banks or actual payment systems.
  • Pricing is specified only in Kenyan Shillings (Ksh), suggesting a regional focus.
  • Detailed security protocols beyond authorization and storage are not specified.

Features

Key features

Investment Group Management
Serves as a simple platform enabling investment groups to manage all their communications and group activities.
Contribution Tracking
Offers a cloud-based solution that allows administrators to easily and efficiently track all group contribution accounts.
Operation Automation
Automates the investment group's operations, thereby eliminating the need for bulky write-ups and complex spreadsheets.
Data Security
Ensures the Chama’s information is securely stored on servers, only visible to authorized users.
Guaranteed Accuracy
Provides a highly reliable platform with 99.9% uptime and guarantees 100% accuracy on all reports.
Dedicated Support
Offers a dedicated support team that is ready to assist group members through available support channels.

Additional features

Group Activity/Communication Management
Enables investment groups to manage all their activities and communications efficiently.
Cloud-Based Administration
Provides a cloud-based solution for easy and efficient tracking of contribution accounts by administrators.
Secure Storage
Ensures the Chama's information is securely stored on the platform's servers.
Authorized User Visibility
Confirms that the group's information is only visible to users who are authorized.
High Accessibility
Guarantees 99.9% platform uptime, ensuring data can be accessed anytime.
Accurate Reporting
Guarantees 100% accuracy on all financial reports generated by the platform.
Dedicated Support Channels
Offers a dedicated support team to assist members through various support channels.
Operations Automation
Automates the daily operations of investment groups.
Eliminates Manual Bookkeeping
Removes the need for complex spreadsheets and bulky write-ups for financial tracking.
Simplified Financial Bookkeeping
Makes the work of financial bookkeeping within the investment group easier.
Report Downloads
Allows the download of reports related to Group Finance and Investments.
Free Trial
Provides a 30-day free trial period for new users.
Free SMS
Includes 600 free SMSes with the yearly subscription plan.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
6
Interface languages
8
Billing currencies

Interface languages

EnglishSwahiliFrenchSpanishPortugueseArabic

Billing currencies

🇰🇪KES🇺🇸USD🇬🇧GBP🇪🇺EUR🇯🇵JPY🇦🇺AUD🇨🇦CAD🇳🇿NZD

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