Value Proposition to MFI’s

Cost-Effectiveness

Reduced Upfront Costs: No need for significant upfront investment in hardware and infrastructure by the MFI.
Subscription-Based Pricing: Flexible pricing models (e.g., pay-as-you-go or tiered subscriptions) make the system affordable for MFIs of all sizes..

Scalability and Flexibility

Scalable Infrastructure: Easily scale up or down based on demand without worrying about hardware limitations.
Customizable Modules: Tailored to fit specific needs, adding or removing modules as required.

Regulatory Compliance

Built-in Compliance: Ensure adherence to local and international financial regulations, including IFRS 9, through built-in compliance features. (explore the possibility of including ID IFRS tool for IFRS 9).
Audit Trails: Maintain comprehensive audit trails for transparency and accountability.

Security and Reliability

Data Security: Leverage advanced security measures provided by cloud providers, including encryption, access control, and regular security updates.
High Availability: Ensure reliable service with minimal downtime through cloud-based redundancy and failover mechanisms.

Operational Efficiency

Automated Processes: Streamline operations with automation, reducing manual workload and errors.
Centralized Data Management: Efficiently manage and access data across multiple branches and locations.

Enhanced Customer Experience

Digital Banking Services: Offer a wide range of digital banking services such as bank to wallet, mobile banking, and SMS notifications