Shakti Softwares and Services allows SHG to keep records of monthly financial transactions (savings, internal loans, bank loans and dividends) online with the help of computer and internet. Having spent 10-15 minutes once in a month for entering data into the system; users can print computerized receipts, mini account statements, demand sheets explaining payments to be made in the following month right on the field.
System automatically generates monthly as well as annual audit reports. Shakti helps maintain transparency, accuracy in SHG operations thus avoiding conflicts among its members. Software comes in 18 Indian languages so that every Indian SHG can use and benefit from it.