The two have launched an innovative payroll management solution designed to simplify salary processing. Mwalimu National DT SACCO chairman Joel Gachari, CEO Kenneth Odhiambo and NCBA Bank Kenya’s Sankul Mandavia during the launch of Salo Xpress, an innovative payroll management solution/ HANDOUT Mwalimu National Deposit Taking Sacco has entered into a partnership with NCBA Bank Kenya to transform payroll management.
This, as the Sacco seeks to improve efficiency as it opens up to businesses and individuals outside the teaching profession, with a keen eye on both informal and formal sectors. The two yesterday launched “Salo Xpress”, an innovative payroll management solution designed to simplify salary processing through enhanced efficiency, convenience, transparency, and real-time visibility.
According to management, Salo Xpress has been developed to address the growing demand for faster, more efficient payroll management by enabling organisations to process salaries seamlessly while maintaining greater control and visibility throughout the payroll cycle.
The solution offers a range of benefits, including full control and convenience in payroll management, fast and seamless payroll processing, access to reports for easy reconciliation, real-time tracking of posting status and improved efficiency and reduced turnaround time.
Speaking during the launch, Mwalimu Sacco chairman Joel Gachari said the introduction of Salo Xpress demonstrates the Sacco's commitment to innovation and delivering practical solutions that respond to the evolving needs of organisations. "Innovation remains at the heart of our strategy to deliver value to our members and partners.
“We are moving away from usiku sacco, where salaries used to hit accounts at 3 am. By digitising and streamlining payroll processes, we are enabling organisations to save time, reduce operational bottlenecks, and access real-time information for better decision-making.”