Due to the importance of
banking and its solutions in the financial
system and influence on national
economies, banks are highly
regulated in most of the countries. A cooperative or co-operative
(“co-op”) is an autonomous association of persons who voluntarily cooperate for
their mutual, social, economic, and cultural benefits. Cooperatives include
non-profit community organizations and businesses that are owned and managed by
the people who use its services (a consumer cooperative) or by the people who
work there (a worker cooperative) or by the people who live there (a housing
cooperative), hybrids such as worker cooperatives that are also consumer
cooperatives or credit unions, multi-stakeholder cooperatives such as those
that bring together civil society and local actors to deliver community needs,
and second and third tier cooperatives whose members are other cooperatives.
Shinewell Innovation has been
working in software development since past many years. In that period we have
designed lot of websites & software’s, and, “Sahakaar” is one of them.
Before development, our experts understood the concept and had deep research
over its advantages and disadvantages also. After in depth knowledge on that they
started the work to develop the “Sahakaar” software. Our team thought that
lot of limitations in window base like core banking; real time updation being
available, so they decided to develop that application on Web.
Multipurpose credit cooperative societies link
their credit with marketing and the need of such societies is core banking
process. Online multi state credit cooperative software enables customer to
operate their accounts and avail society’s services from any branches of
societies on network. Following the same, we came up with Sahakaar to enable
core banking solutions providing customer convenience through anywhere and
anytime banking.
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