Firm to streamline operations of cooperative societies

CLÉ Digital Services Limited, a subsidiary of First Registrars Limited has stated that its flagship product: CLÉ COOP would help streamline the operations of cooperative societies in Nigeria and add value to the economy.

CLÉ COOP is digital software designed to offer a comprehensive suite of features tailored to meet the diverse needs of cooperative organisations across various sectors.

At the unveiling of the product in Lagos, Clé Business Manager, Oladipupo Olabisi said Clé Digital Services, has committed a significant investment in the development of the CLÉ COOP which now brings the services and relevance of membership of cooperative societies to the fingertips of the members, administrators, and their executives.

Clé Coop Solution empowers cooperatives of all sizes ranging from multipurpose societies to housing cooperatives and agricultural cooperatives to efficiently manage their operations, communicate with members, and foster collaboration.

According to him, with Clé digital members get easily onboarded, pay monthly contributions, and track cooperative activities such as loans, savings, investments and dividends paid by their cooperative society. In addition, he said the prod - uct has a secure modern financial management system that aids in streamlining financial transactions, tracking expen - ditures and generating com - prehensive financial reports for better decision- making. "With the Clé Coop Solution, we aim to address the major challenges faced by Cooperative Societies head- on by providing cooperatives with a comprehensive suite of tools to streamline management processes, enhance member engagement, and promote transparency and accountability.