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CommonCents 101
A Micro-Finance & Banking Software


 




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Policy on Software Enhancements

Commoncents101 is designed to meet the unique needs of MFIs on recording large volume of data and for loan tracking. We believed that supporting the operation of your MFI is long-term commitment that should be mutually nurtured.

CENTech is committed to make Commoncents101 a world class software for microfinance. We anchored this commitment to the fact that Commoncents101 was primarily designed for Microfinance Operations and currently being upgraded to cater to banking operations. It is currently included in the list of CGAP as one of the software for microfinance.

Banking modules will be added to the banking subsystem of Commoncents101 to make it functional and appropriate to support the operations in banking environment. This banking subsystem however, if not packaged with the original license will require the payment of additional licensing cost.

Commoncents101 is not finished at any point in time so we can continuously make enhancements and integrate it to the succeeding new versions. We also encourage our client-partners to report any bugs that you may find in the system, for immediate repair (free of charge).

The software can be readily used by MFIs operating under various variants such as Grameen, ASA, Village banking or other MFI methodology and/or simple bank operations - by just adjusting some software parameters and set-up configuration. However, if this approach is not feasible and if the client-partner wants to add customized information and reportorial requirement, CENTech is very willing to study the problem and integrate its solution into the next release.

This willingness and commitment of CENTech to develop new modules and reports based on requests do not mean that we will compromise the other users of the software. We make it a point that enhancements and additional features will not create bugs or compromise the existing modules with reference to the Commoncents101 Master Plan. If the request is relatively small then it could be integrated and included in the next release.

If however, the request is relatively difficult and will greatly alter the software enhancement master plan, then we will require the requesting client-partner to shoulder the cost of the modifications or improvements. The resulting modifications or improvements, however, shall be available and shared with other client-partners free of charge. The sharing with others in the MFI community would benefit all the other client-partners in serving their respective members.

We believe that sharing is the best strategy in software development and enhancement in the Microfinance Industry. This strategy was used in the early years of development of Commoncents101 to ensure that it would specifically address the unique needs of the MFIs as well as making it available at an affordable price level.

We would require and encourage our present and future client-partners to honor this strategy of sharing the enhancements with others in the microfinance industry. We intend to allow Commoncents101 to grow with or even lead in serving the information and reportorial requirements of our client-partners at par with the world-class standards. This is our way of saying that we will continuously support and improve Commoncents101 to support the Microfinance Industry worldwide. We can do it by helping each other and sharing the benefits of having client-responsive software -- The Commoncents101.

 

   

Updated by CommonCents101 GateKeeper :  Dec. 7, 2005
Web Designed by Jellee H. Mendoza
© Copyright 2005 by CEN Systems and Technologies (CENTech) Corp.  All Rights Reserved.