LokOS app

Overview

LokOS is an all-inclusive ERP solution designed specifically for the financial intermediation of cooperatives and federations of Self-Help Groups (SHGs). It serves as a robust platform for managing and profiling SHGs, Village Organizations (VO), and Cluster Level Federations (CLFs), alongside organizing their meetings efficiently.

Key Features

• Document Capture: LokOS allows capturing high-resolution copies of SHG, VO, and CLF documents in PDF format, along with member photos, serving as essential supporting documents.
• Meeting Management: The application facilitates the organization and documentation of federation and SHG meetings, ensuring all discussions are recorded and accessible.
• Loan Management: A comprehensive system to manage loans, from application to approval, streamlining the entire process for both members and administrators.
• Empowerment Evaluation: Assess the impact of empowerment initiatives by tracking progress and outcomes, providing valuable insights into the effectiveness of programs.
• Performance Management: Track and evaluate employee performance to ensure optimal productivity and efficiency within the federation.
• Capacity Building Planning: Customized plans tailored to the specific needs of SHGs, enhancing their capabilities and sustainability.
• Repository of Documents: Store important documents such as IDs and address proofs securely and accessibly.

Benefits

• Integrated Accounting and MIS Platforms: Simplify financial management with a single, integrated platform that combines accounting and Management Information Systems (MIS).
• Reduced Turnaround Time (TAT): Accelerate loan disbursement processes, reducing delays and improving member satisfaction.
• Efficient Repayment Management: Streamline the management of loan repayments for federation loans, ensuring timely collections and reducing administrative overhead.
• Minimized Software Dependencies: Reduce the need for multiple software solutions by consolidating various functions, including Human Resources (HR) and capacity building, into a single, user-friendly interface.

By leveraging LokOS, federations and cooperatives can enhance their operational efficiency, improve financial management, and ultimately empower their members more effectively.