CWG: unified cooperative platform’ll save IT, other costs
By Kokumo Goodie, Lagos, Nigeria
Nigeria’s largest system integration company, CWG Plc, has said its new solution, Unified Cooperative Platform (UCP) would help cooperative societies to reduce total cost of ownership of information technology (IT) hardware and software investment because it runs on CWG’s cloud service.
Product Manager for UCP at CWG Plc, Mrs. Funmilola Abimbola, who spoke during a workshop attended by representatives of various cooperative societies in Nigeria, said the platform is strategically designed to meet the rising and dynamic needs of cooperative societies across Africa.
She it was designed to improve the operational efficiency and accountability, adding that it gives effective and efficient oversight, control and reporting too. She stressed that the solution is tailored to meet the peculiar needs and budget of the individual cooperative society.
“The essence of the workshop was to provide an opportunity for some industry leaders present to have direct interaction with the cooperative platform and to showcase how it can serve as an extra income earner for those who sign-up as agents to ensure the adoption and implementation of the solution. UCP enhances the operation of cooperative societies to improve their profitability and accountability,” she said.
According to her the solution has features such as member and loan management, payment operations and automated report generation which includes Cooperative Statutory reports.
She said the ‘agent’s recruitment initiative’, a core cooperative operations software, was designed in a format that would easily be understood, saying it is also mobile adaptive.
“So it can be used on the go as well. Its benefits include better member experience, increased productivity and profitability, access to a centralised solution remotely and access to the financial services ecosystem.
“The solution is also designed to become a platform that enables collaborations between cooperative socieites and other players in the economy. Some of the offerings through the platform will be the creation of access to external loans, access to mortgage and healthcare through integration to Health maintenance organisations (HMOs), access to micro-pension, access to micro-insurance, access to financing and grants and others. This is another one of the technology platform solutions out of the stables of CWG Plc,” she explained.