FOSA Front-Office Banking

Run a deposit-taking front office — teller till sessions, cash deposits and withdrawals, transfers, bank reconciliation and maker-checker controls — on one Sacco platform.

What is FOSA software for Saccos?

FOSA (Front Office Savings Activity) software supports the counter operations of a deposit-taking Sacco: opening and closing teller tills with cash limits, processing member deposits and withdrawals, teller and branch transfers, bank reconciliation and fixed deposits — all under maker-checker authorization. SaccoWorks provides these front-office functions integrated with the member ledger and accounting.

What's included

Teller till open / close with cash limits
Cash deposits and withdrawals
Teller-to-teller and branch transfers
Bank reconciliation
Fixed deposits and standing orders
Interbranch transactions
Maker-checker authorization
Integrated with the member ledger

Counter-ready

Tellers open tills, take deposits and pay withdrawals with cash-limit controls.

Maker-checker

Sensitive transactions require a second authorization — reducing fraud risk.

Balanced daily

Front-office cash reconciles to the ledger and the bank each day.

Ready to see it on your Sacco?

Book a free demo and we'll show you fosa front-office banking with your own workflows.

Book a Free Demo