Empowering Financial Inclusion with Operational Excellence
Your mission is to serve the community. Our mission is to provide you with the tools for success. Reconwizz automates the unique reconciliation challenges of MFIs, SACCOs, and Credit Unions, so you can focus on impact, not spreadsheets.
Discover Our MFI SolutionsAccuracy at the Heart of Your Mission
Loan Portfolio Integrity
Manually reconciling thousands of small-value loan disbursements and repayments between your core system and bank statements is a major source of errors.
Agent Banking Networks
Tracking cash floats, commissions, and transactions across a wide network of agents is complex and critical for maintaining liquidity and trust.
Mobile Money Integration
The high volume of mobile money transactions for deposits and loan payments requires robust automation to ensure every cent is accounted for.
Donor & Regulatory Reporting
Providing accurate and timely reports to funders, regulators, and members is essential for transparency and continued support.
Ensure Loan Portfolio Accuracy
The health of your loan portfolio is the health of your institution. Reconwizz provides the tools to ensure every loan transaction is perfectly reconciled.
- Automate matching of loan disbursements and repayments against bank statements.
- Reconcile mobile money collections directly with the loan management system.
- Easily identify and manage exceptions like partial payments or data entry errors.
- Maintain an accurate, up-to-date view of your entire portfolio's performance.
Manage Your Agent Network with Confidence
Empower your field agents and ensure the integrity of your agent banking channel, a critical component of financial inclusion.
- Reconcile agent cash deposits and withdrawals against their transaction logs.
- Automate the calculation and verification of complex agent commissions.
- Provide agents with clear, accurate statements to build trust and transparency.
- Monitor agent float balances in real-time to manage liquidity effectively.
Embrace Mobile Money with Control
Leverage the power of mobile money to expand your reach and serve more members, while maintaining tight financial control.
- Direct integration with leading mobile money providers for automated data import.
- Reconcile high-volume mobile deposits and loan repayments instantly.
- Automatically verify mobile money transaction fees and commissions.
- Ensure your mobile money float accounts are always balanced and compliant.
Your Questions Answered
Our platform is built to handle high volumes of small-value transactions, which is typical for MFIs. It automatically matches loan disbursements and repayments from your core system against bank statements or mobile money transaction files, instantly identifying discrepancies like partial payments or defaults.
Yes. Reconwizz automates the entire agent banking reconciliation cycle. We can configure the system to calculate complex commission structures and reconcile agent cash-in/cash-out transactions against their float balances, providing a clear, daily view of each agent's position.
By centralizing and automating your reconciliation, Reconwizz creates a single source of truth for your financial data. You can generate accurate, on-demand reports for loan portfolio performance, agent network activity, and overall financial health, ensuring you meet the transparency requirements of donors and regulatory bodies.