Sahakaar logo

Sahakaar

by Shinewell Innovation Softech · Since 1997
No reviews yet
Active1+ countriesCloud
Quick facts
VendorShinewell Innovation Softech
Year launched1997
StatusActive
Location#12, 1st Floor, Krishna Housing Society, Lane Next To Yes Bank and Axis Bank, Dhole Patil road, Pune 411001
Countries served1+
Languages1
Integrations
Free tier
Free trial
Contact salesYES

About Sahakaar

Sahakaar is a credit cooperative society software from Shinewell advancement Softech that supports efficient management of cooperative societies. It combines features like Sahakaar Efinsoft, Wissen, Mudrak, and Vartika Merchant to help simplify financial processes and member interactions. This software is specifically designed for cooperative societies, making it easier to manage accounts, track transactions, and provide member services effectively. With a focus on improving productivity, Sahakaar simplifies the handling of financial operations. Key capabilities: Sahakaar Efinsoft Wissen Mudrak Vartika Merchant Website Development Best for: cooperative societies that need a comprehensive solution for financial management and member administration.

**Sahakaar by Shinewell Innovation Softech** is a specialized banking software designed to address the unique needs of credit cooperative societies and banks. By offering an array of features tailored for these institutions, Sahakaar streamlines complex processes such as member creation, account management, renewals, maturity calculations, and commission tracking. With its modern design, robust functionality, and reliable performance, the software ensures institutions can operate more efficiently while enhancing the experience for both staff and members. The user interface of Sahakaar is a standout feature, emphasizing simplicity and accessibility. Its clean layout and intuitive navigation make it easy for users of varying technical expertise to access the software's functionalities. A drag-and-drop builder and customizable templates further simplify operations, enabling users to adapt the software to their specific requirements without extensive coding or technical support. The responsive design ensures that Sahakaar is equally effective on desktops, tablets, and smartphones, making it accessible across devices and contributing to a seamless user experience.

Pros & Cons

What users like
  • +Centralized Operations: Streamlines processes across multiple branches, improving efficiency.
  • +Branch Analytics and Balance Sheets: Provides insights into branch performance and financial health.
  • +Automated Advisor Commissions: Reduces manual effort and ensures accurate payments.
  • +Comprehensive Feature Set: Covers membership management, loan and deposit management, and more.
  • +Cloud-Based: Offers flexibility and accessibility.
What users flag
  • Limited User Reviews: No user reviews on Capterra, making it difficult to assess real-world performance.
  • Lack of Pricing Transparency: Limited information on pricing plans and potential hidden costs.
  • Unknown Integration Capabilities: No information about integrations with other software solutions.
  • Limited Customer Support Information: No details on support channels or response times.

Features

Key features

1. Core Banking System for Credit Cooperative Societies
2. Online and web-based software with automatic data posting
3. Browser-based software for easy access
4. Secure with role-based security and encrypted communication
5. Centralized database for efficient branch management
6. User-friendly interface with low cost and fast access
7. Generates multiple reports with a single click
8. Saves time and money with automated processes

Additional features

1. Member details management
Account handling for Saving, Current, FD, RD, and Daily Deposit accounts
2. Financial Management
Chequebook, Passbook, and Bond management
Loan operations with automatic interest calculations and ledger printing
Integrated General Accounting Module with features like
Cash-Bank Book
Journal Entries
General Ledgers
Trial Balance
Day Book
Fixed Deposits
Profit and Loss Statements
Balance Sheets
3. Centralized Processes
Product opening, branch opening, and interest table management
Membership acceptance, interest application processing
Branch monitoring, customer communication, and report generation
Commission structure for loans and advances
Backup and branch identity management
4. Reporting
Real-time access to individual branch reports (balance sheet, day book, P&L)
Consolidated reports for P&L, Trial Balance, and Balance Sheet
Easy upgrades with support and guidance
5. Communication
Message broadcasting (standard & customized) to branches
Advisor commission management with detailed reports
6. Customer Features
Online account access for balance inquiries, mini-statements, and interest rates
Secure login with password and encryption
7. Handheld machine connectivity for data collection
8. Passbook printing and bulk entry functions
9. Management of society bank accounts

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
1
Interface languages
7
Billing currencies

Available in

India

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇮🇳INR🇨🇦CAD🇦🇺AUD🇯🇵JPY

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