Local

Grow Your Customer Base & Streamline Operations

A comprehensive banking solution designed to help Mugfic PLC attract more customers, efficiently manage daily savings collections, and automate deposit processing with complete transparency.

Transform your banking operations - Increase efficiency, reduce costs, and grow your customer base

Mugfic PLC

Demo App Preview

Local

2

Total Balance

XAF 125,450

XAF 25,000 XAF 5,000
Savings
Send
Bank
History
Recent Activity
Daily Savings John Doe
Today
+XAF 5,000
Bank Deposit First Bank
Yesterday
-XAF 50,000

The Challenge

Common challenges that limit Mugfic PLC's growth and operational efficiency

Limited Customer Acquisition

Difficulty attracting and retaining customers due to lack of modern, convenient banking tools that meet their daily savings needs.

Inefficient Collection Process

Manual tracking of daily savings from multiple sources leads to errors, delays, and missed revenue opportunities for Mugfic PLC.

Poor Customer Visibility

Inability to provide customers with real-time balance visibility and transaction history leads to customer dissatisfaction and lost accounts.

Time-Consuming Reconciliation

Manual bank reconciliation processes consume valuable staff time and create delays in processing deposits, reducing operational efficiency.

The Solution: Local for Mugfic PLC

A complete banking management system that helps Mugfic PLC attract more customers, streamline daily operations, reduce processing costs, and increase customer satisfaction through automated savings collection and real-time transparency.

Automated Collection System

Eliminate manual work - automatically collect and track all daily savings from individuals, groups, and businesses, reducing errors and saving staff time

Grow Your Customer Base

Attract more customers with modern, transparent banking experience. Complete customer profiles help you understand and serve them better, increasing retention

Automated Bank Processing

Save hours of manual work - automatically reconcile all deposits with Mugfic PLC's banking systems, ensuring accuracy and reducing processing time

Mobile-First Design

Easy-to-use app for sending money to companies and banks

Demo App Preview

Send to Bank
Mugfic PLC
XAF
MTN
Orange
Visa
Mastercard
Available Balance XAF 125,450

Key Features

Daily Savings & Deposits

Customers make daily savings and deposits to the bank using mobile payments (MTN, Orange). The system automatically tracks all transactions from individuals, groups, and businesses, providing real-time updates and complete deposit history.

Customer Management

Manage new and existing customers with complete profiles, follow-ups, contracts, and account details. Balance sheets and transaction history are visible to both customers and the company for transparency and easy tracking.

Mobile Payments

Seamless integration with mobile payment systems for easy collections

Automated Bank Reconciliation

Automatically sync all deposit data with Mugfic PLC's core banking systems, ensuring accurate reconciliation and eliminating manual data entry errors

Customer Support & Communication

Focus on customer support and communications to improve customer service. Provides better tools for management, customer workflow automation, and complete communication tracking to enhance customer satisfaction and operational efficiency.

Reports & Analytics

Comprehensive reporting for savings, collections, and bank transactions

International Payments

Enable customers around the globe to save money back home in Cameroon

With Local's international payment capabilities, Mugfic PLC can attract customers worldwide who want to save money in Cameroon. Whether they're working in Finland, Europe, or anywhere else, customers can easily transfer funds directly to their Mugfic PLC savings accounts.

Global Reach

Accept deposits from customers anywhere in the world, expanding Mugfic PLC's customer base beyond Cameroon's borders.

Seamless Transfers

Direct bank-to-bank transfers from Finland and other countries to Mugfic PLC in Cameroon with real-time processing.

Grow Your Customer Base

Tap into the diaspora market - customers living abroad who want to save money at home, increasing Mugfic PLC's deposits and customer acquisition.

International Transfer Demo

Demo App Preview

Send to Bank
Nordea Bank - Finland
Mugfic PLC - Cameroon
EUR
Exchange Rate 1 EUR = 655.96 XAF
You Will Receive 327,980 XAF
Free Transfer

Data Management & Security

Enterprise-grade data protection and compliance with Finland-based infrastructure

Finland-Based Data Storage

All customer and transaction data is securely stored in Tier III+ data centers located in Finland, ensuring compliance with EU GDPR regulations and providing geographical data sovereignty for Mugfic PLC's operations. Data is available 24/7 with guaranteed uptime and redundancy.

End-to-End Encryption

Implementation of AES-256 encryption for data at rest and TLS 1.3 protocols for data in transit, ensuring all sensitive financial information and customer data remain protected throughout the entire transaction lifecycle.

Automated Data Management

Robust database architecture with automated backup systems, point-in-time recovery capabilities, and replication across multiple Finnish data centers for high availability and disaster recovery protection.

Access Control & Authentication

Multi-factor authentication (MFA), role-based access control (RBAC), and comprehensive audit logging ensure that only authorized personnel can access Mugfic PLC's financial data, with full traceability of all system interactions.

Regulatory Compliance

Compliance with GDPR, PSD2, and Finnish financial regulations ensures Mugfic PLC meets all legal requirements for data processing, customer privacy protection, and financial transaction security.

Real-Time Monitoring & Incident Response

24/7 security monitoring, intrusion detection systems (IDS), and automated threat response mechanisms provide continuous protection and immediate response to any potential security incidents affecting Mugfic PLC's data.

App Demo: Daily Savings

Home Screen

Local

2

Total Balance

XAF 125,450

Savings
Send
Bank
History
Recent Activity
Daily Savings John Doe
Today
+XAF 5,000
Group Deposit Group A
Today
+XAF 15,000

Daily Savings Collection

Daily Savings
John Doe
XAF
MTN
Orange

Savings History

Savings History
John Doe Daily Savings
Jan 15
+XAF 5,000
Mary Jane Daily Savings
Jan 15
+XAF 3,000
Group A Group Deposit
Jan 14
+XAF 15,000
Total: XAF 125,450

Customer Management

Customer List

Customers
John Doe Individual
XAF 45,000
Mary Jane Individual
XAF 32,000
Group A Group
XAF 48,450

Customer Profile

John Doe
JD
Profile Details

Type: Individual

Phone: +234 123 456 789

Email: john@example.com

Joined: Jan 2024

Total Savings

XAF 45,000

Transaction Details

Transactions
Daily Savings Jan 15, 2024
10:30 AM
+XAF 5,000
Daily Savings Jan 14, 2024
10:25 AM
+XAF 5,000
Daily Savings Jan 13, 2024
10:20 AM
+XAF 5,000

Send Money to Bank

Send to Bank

Send to Bank
Mugfic PLC
XAF
MTN
Orange
Visa
Mastercard
Available Balance XAF 125,450

Send to Company

Send to Company
ABC Corporation
XAF
MTN
Orange
Available Balance XAF 125,450

System Flow

How Local connects customers to banks seamlessly

Customers

Individuals, Groups, Businesses

Payment Methods

Daily Savings Collection

MTN Orange MoMo Visa Mastercard Bank Transfer
Local App

Track & Manage

Bank

Process & Reconcile

1. Collection

Customers make daily savings via mobile payments

2. Recording

All transactions automatically recorded in Local app

3. Tracking

Real-time tracking of savings and customer balances

4. Integration

Automated data transfer to bank with reconciliation

Benefits for Mugfic PLC

How Local helps you grow your business and improve operations

Reduce Operational Costs

Automate manual collection processes, reducing staff workload by up to 70% and eliminating costly errors in tracking daily deposits

Attract & Retain More Customers

Modern banking experience with real-time transparency attracts new customers and increases retention rates through better service and visibility

Faster Processing & Reconciliation

Automated bank reconciliation saves hours daily, ensuring accurate records and enabling faster deposit processing for customers

Data-Driven Decision Making

Real-time dashboard shows customer activity, deposit trends, and performance metrics to help Mugfic PLC make informed business decisions

Improved Customer Service

Complete communication history and automated follow-ups help staff provide better customer support, leading to higher satisfaction and loyalty

Competitive Advantage

Modern mobile banking platform positions Mugfic PLC ahead of competitors, attracting tech-savvy customers who prefer digital banking solutions

Customer Document Management

Streamline contract management, document versioning, and digital signing for Mugfic PLC

Contract Management

Create, manage, and track all customer contracts digitally. Store all agreements with Mugfic PLC customers in one centralized location with automatic categorization and search capabilities.

Document Versioning

Track all document revisions with complete version history. Mugfic PLC staff can view previous versions, compare changes, and maintain audit trails for all customer documents and contracts.

Online Contract Signing

Enable customers to sign contracts digitally from their mobile devices. Electronic signatures are legally binding and securely stored, eliminating the need for physical documents and reducing processing time for Mugfic PLC.

Centralized Document Storage

All customer documents, contracts, and related files are stored securely in Finland-based cloud storage with encrypted access. Mugfic PLC staff can access documents anytime, anywhere, with proper access controls.

Advanced Search & Filtering

Quickly find any document or contract using advanced search filters by customer name, date, document type, or keywords. Reduce time spent looking for documents and improve Mugfic PLC's operational efficiency.

Automated Notifications

Receive automatic notifications for contract renewals, pending signatures, document updates, and expiration dates. Stay on top of all customer document requirements without manual tracking for Mugfic PLC.

Document Management Demo

See how Mugfic PLC can manage customer documents efficiently

Document List

Demo App Preview

Documents
Savings Agreement John Doe
v2.1
Contract - Pending Mary Jane
v1.0
Account Agreement Group A
v3.0

Contract Details

Demo App Preview

Contract
Document Information

Type: Savings Agreement

Customer: John Doe

Version: v2.1

Status: Signed

Date: Jan 15, 2024

Version History

• v2.1 - Signed (Jan 15, 2024)

• v2.0 - Updated (Jan 10, 2024)

• v1.0 - Created (Jan 1, 2024)

Digital Signing

Demo App Preview

Sign Contract
Contract Ready for Signature

Savings Agreement v1.0

Customer: Mary Jane

Review Terms

✓ Monthly savings: XAF 5,000

✓ Duration: 12 months

✓ Interest rate: 5%

✓ Terms accepted

Ready to Grow Mugfic PLC's Customer Base?

Transform your operations with Local - reduce costs, increase efficiency, and attract more customers with modern banking technology designed for African markets

Secure & Reliable
Mugfic PLC
Cameroon

Local

Your trusted mobile banking solution