Customizable. Reliable. Scalable.
Core banking system is a back-end system that processes daily
banking transactions and posts updates to accounts and other financial records. Core
banking systems typically include deposit, loan and credit processing capabilities, with interfaces
to general ledger systems and reporting tools.
Data security and integrity is a key component to the success of any organization in modern age. It
supports a strong user authentication system; password strength, reset limit, expiry of password,
two-way authentications are some of the features available. It has controls in place to avoid malicious
data entry and cross-site scripting. It has controls against sql injections among other threats to data
integrity. Database is store in encrypted format; ensuring unauthorized access to database does not
compromise data privacy. It is also accessed through a 128-bit to 256-bit encryption provided by top
internet security companies. It deploys 24/07 system and server monitoring technologies for the safety
of clients. It carries out redundant data backup on daily basis with a restore provision, as an extra
layer of precaution.
It has no set up fee, payment of monthly subscription is enough to get user started. It does not force
users into paying large upfront charges upfront. Pay as you go or as you use is the model, a model that
breaks acquisition cost barriers in adoption of the system. Saas model converts acquisition cost from a
capital cost to a running cost. This model is important in Sakoly’s mission of delivering a
financial inclusion platform to the world. Institutions no longer need to acquire and manage expensive
servers. Sakoly SaaS model allows an organization to achieve lean operations, cutting down IT budget
in both short run and in the long run.
Adopting Sakoly ensures an organization remains abreast with relevant technological innovations.
Sakoly research and development team is tasked with finding better ways of serving her customers.
Tapping into all technological advancements that are relevant to client’s operations. Sakoly carries
out updates throughout the year at no additional cost to the clients. Updates focus both on bugs and new
feature roll out. Sakoly is also committed to advance to a vertical system that integrate-able with
all major systems such as QuickBooks, SAP, Salesforce among others.
Adoption time remain one of the largest challenges while implementing a new system. This understanding
has led to innovation on Sakoly that have tackled this issue. Sakoly adoption has been
simplified to just data import from spreadsheet programs like Excel. Sakoly has zero learning curve;
plenty of guiding materials are also available. Resources including video tutorials are available from
Sakoly website, Youtube and Sakoly partners’ websites. System has an embedded user manual to
help users working on the system. Sakoly Team remains committed in making the system easier than
Facebook.
Stay innovative and launch new products into new markets in the cloud or transform
your current operations to serve your customers, your staff and your shareholders better.