The constraint
Loan amortization calculations and patronage refund allocations required weeks of manual computation. Field collectors tracked collections in receipt booklets vulnerable to loss and reconciliation delay.
The work
CloudTek deployed Cooperative Lending & Accounting OS with mobile field collector Bluetooth printing, automated diminishing-interest schedules, CDA-compliant Chart of Accounts, and real-time SMS payment notices.
What is running
Daily collection reconciliation occurs automatically before 6:00 PM. Year-end patronage refunds and dividend computations run in minutes with complete audit transparency.