Techworks Software Solutions Co. Ltd. is a provider of specialized accounting software tailored for cooperatives, lending companies, micro-finance institutions, individual auditors, and homeowners associations. Their flagship product, Citrus Accounting, offers a secure, online platform accessible 24/7, enabling organizations to manage their financial operations efficiently from any location.
Key Features and Functionality:
- Cashier/Teller Operations: Facilitates account verification, passbook printing, loan repayments, savings deposits and withdrawals, and generation of member ledgers and statements.
- Transaction Entry: Supports loan applications, check disbursements, cash collections, and printing of transaction documents.
- Cooperative Computations: Automates calculations for savings interest, dividends, patronage refunds, and damayan funds, streamlining financial processes.
- Add-On Applications: Enhances functionality with tools like the CISA Data Manager for efficient member and loan record management, and the Importer of Excel Transactions for seamless integration of salary deductions and cash collections.
- Citrus Online Members App: Provides members with a dashboard to check account balances, submit loan and membership applications, and update profile information.
Primary Value and Solutions Provided:
Citrus Accounting addresses the unique challenges faced by cooperatives and similar organizations by offering a comprehensive, user-friendly platform that automates and simplifies financial management tasks. By providing secure, anytime-anywhere access, it enhances operational efficiency, ensures accurate financial computations, and improves member engagement through its online portal. This holistic approach empowers organizations to focus on their core missions while maintaining robust financial health.