INFACC has developed software and a mobile app to make financial and administrative operations of neighbourhood groups and grassroots NGOs accurate, transparent, and easy. Through this software and mobile app, neighbourhood group members can check and operate their accounts using mobile and computer. Neighborhood secretaries can update financial information through software. Loan application, loan sanction, Loan repayment, savings withdrawal etc. can all be done using the software, INFACC audits the accounts of grassroot level NGOs at the end of each financial year using software.
Cloud server-based online software
Mobile app for members & secretaries.
App shows deposits, loans, and passbooks for each member.
Software reduces workload for NGOs and neighborhood groups.
Transparency in operations
State monitoring: No paperwork, minimal stationery
Simplifies the auditing process
INFACC promotes an NGO model microfinance approach. Microfinance activities are carried out by forming voluntary organizations under the Societies Registration Act and forming neighbourhood groups under the Societies within the limits of one or more possible wards or local self-government bodies.