Alajeseku runs savings, loans, salary deductions and the books for savings, thrift and credit cooperatives in Nigeria, with a receipt for every deposit and a name on every decision.
“I spend two days ticking the payroll printout against our ledger.”
Treasurer, staff cooperative
Use case · illustrativeThe accountant uploads September’s sheet: 47 rows are ready, two members were short-paid and one staff number is unknown. The 47 post; HR sorts the rest.
Cash at the counter always prints a receipt. Reversals keep the original and say who reversed it and why.
For example: A member disputes a ₦10,000 deposit. The clerk finds the receipt, the reversal and the reason in under a minute.
Statements on request, and a member app where members see their balances and pay with Paystack.
For example: Members check their own savings on payday instead of queueing at the office.
Give each person the jobs they actually do. One person can do all four; their approvals are allowed and recorded.
For example: In a 30-member cooperative, the secretary is clerk, accountant and approver, and every approval she makes is still on record.
Your chart of accounts, savings and loan products and fees are set up when your cooperative is created. Practise on the training cooperative first.
For example: A new treasurer records a deposit on the made-up cooperative before touching real money.
Real double-entry books, not a spreadsheet: every naira posted as it happens, reports ready when the committee asks, and months closed in order.
Passwords and sign-in codes are hashed, payment keys never touch our database, each cooperative’s data is kept apart, and every staff action is recorded.
Four staff roles. Every action is checked against the role’s permissions, and each person sees only their work.
Whoever raises a payment or a loan can’t approve it, unless they’re the only one allowed to. Then it’s flagged in the audit log.
Every staff action is written to an audit log that managers review. There is no screen to edit or delete entries.
A closed month can’t be posted into. Back-dated entries are flagged for review.
Nothing is paid out until the member’s bank details are complete. Cash at the counter always gets a receipt.
Everything is automatically limited to your cooperative. Staff of another cooperative are refused.
Fifty made-up members, savings and loans at every stage. Nothing is real money. Book a demo and we’ll give you a practice login, so your team can try every job before you go live.
For people we’ve given a practice login.
What each role can try
One plan, quoted for your number of members.
Yes. Book a demo and we’ll give you a practice login to the training cooperative, where every role and report works on made-up data.
Yes. Import members from a spreadsheet, then add savings plans and loans as they are today.
Yes. You download the month’s sheet, the employer fills in what they deducted, and you upload it back. Nothing posts until you have checked it.
No. One person can do every job. Their own approvals are allowed and recorded in the audit log.
Only your staff, each according to their role. Every change is in your audit log.
It depends on the size of your cooperative. Talk to us and we’ll give you a price for yours.
Your products, your fees, your first month, with someone on the call to help.
Our contact details will be here shortly.
