SAVCO Software
Downloads
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SAVCO® is a group of Windows® based software with the following features:
SAVCO is a real time integrated system which means that ledger books are posted with transactions immediately they occur.
Members and Customers
Products - Loans, Shares and Savings
Data Representation
Results
Facilities
There are three software series that are supported - series 3.X, 4.X and 5.X. The current releases are as below.
SACCO 3.6
Member and Customer based with Extended Functions used by SACCOs, FSAs, and MFIs. A member can have several saving accounts (FOSA) of various types that may or may not be controlled by the parent member number. This means you can choose to have FOSA accounts that are not attached to members or you can force all FOSA account to be guaranteed by a member.
It has extensive banking functions including Fixed Deposits. It has product buying, reselling and revaluation for customers.
SAVCO 4.3
It is Customer Centric used by SACCOs, FSAs, MFIs and Community Banking. It has product buying, reselling and revaluation for customers and is the same as 3.6 except that it restricts and heavily controls individual customers. It keeps microfinance organizations informed on activities of their customers.
The difference between 3.6 and 4.3 is that in 4.3 all members and customer (FOSA) details are in a centralized register and FOSA customer can be allowed to take loans based on their savings.
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SAVCO 5.2
This is an all rounder version which allows multiple product and services to be defined for a customer. It is similar to version 3.6 only that the customer number is unique to all services and activities. It has also enhanced extra activities such as purchasing and selling of produces and goods to/for its customers. It comes with appendages that can automatically read from weighing machines and scanners for automatic data entry. The appendages are not part of the main software and are all only given to those who need them.
About Releases
The above are release numbers and each release is updated and revised from time to time. The release number remains the same but the build and revision numbers are always incremented with each update.
Summary
SAVCO employs client server technology where it is installed in a user computer and is independentor of the database to be used. The same software connects to multiple databases either of any type. The user makes the choice of where the data is stored and can e IBM DB2, Oracle or Ms Access databases.
Oracle and IBM DB2 are used in a network environment and for medium and large organisations. They allow hundreds of computers distributed locally or within a large geographical area to access data. Software licences and the databases are bought separately for large organization with large number of members. however, there are free Express editions that can be used for small and medium companies and have all functions of licensed full products.
User Requirement
The client can be installed on any PC running on any Windows version released after year 1999.
A Pentium PC with over 256 MB memory and over 20GB hard disk is preferred. Higher specifications personal computers will deliver better performance. We recommend memory of 512MB or above and disk space of 60GB or above for optimum performance.
Databases
Oracle and IBM DB2
Oracle and IBM DB2 are supported and should be installed in a Pentium 4 or above Server or workstation with a memory of 512MB or above and at least 80GB hard disk or above. The server should be running Microsoft Window NT 4/ 2000/2003/2008 (and above) servers. We recommend memory of 1G or above for optimum performance.
Flat Database MS Access Compatible
Ms Access compatible is a flat file database and can be placed in any server taking into account of available disk space for current and future growth.
Network
Any configuration of TCP/IP network will work. Local Area Network may work with any number of computers as long as there is enough server memory. Bandwidth of remote connections should be adequate and will be determined by the number of remote connections. Small bandwidths will make remote computers respond slowly.
Licence Notes:
Support Notes: