MFSYS Microfinance System

Technology has been the main catalyst in transforming the landscape of banking sector. Implementation of appropriate technology solutions and core banking systems has enabled banks to optimize their processes, enhance services, and timely respond to their customer needs. Microfinance institutions however have been much slower in utilizing these technologies, primarily due to their high cost and complexities. Technology thus is consistently cited as one of the greatest challenges facing MFIs.

With CMB, technology no more remains a challenge for MFIs. It provides all the features and functions required by MFIs to automate processes and enables the movement to a single customer view and allows for optimization of work across branch and hub network. CMB also provides a strong launch pad to offer digital channel capabilities including online and mobile channel offerings. Irrespective of its advanced features, CMB implementation is a low cost investment that provides MFIs a competitive advantage.

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