1. Abacus Core Banking System at Buusaa Gonofaa (BG)
The Abacus Core Banking System (CBS) is the flagship solution of Fern Software Inc., a global financial technology company headquartered in Belfast, Northern Ireland. Fern Software has specialized in core banking and microfinance solutions since 1979, serving hundreds of financial institutions worldwide.

Abacus CBS was designed to support both retail and microfinance operations, with strong capabilities for group lending models such as solidarity lending, village banking, and Grameen-style lending. Over the years, it has evolved from early client data entry systems into a robust, SQL-based platform supporting modern digital banking needs.

Key Features
Operates as standalone or multi-user across LAN/WAN networks.

Prints receipts for deposits, disbursements, and repayments with user and branch details.

Provides over 200 standard reports, exportable to Excel, DBF, and PDF.

Includes database protection tools to validate and repair errors at startup.

Allows integration of custom modules into the menu structure.

2. Integration of Android-Based POS Devices and Field Automation
Microfinance institutions often collect loan repayments and savings in remote areas, where connectivity and operational costs pose challenges. To address this, BG adopted Android-based Point of Sale (POS) devices to streamline field operations.

BG’s loan officers maintain a strong field presence, collecting repayments and savings directly from clients. The POS devices enhance this process by enabling:

Real-time online transaction recording using Android-based POS terminals.

Instant transaction capture, receipt printing, and access to client information in the field.

Seamless synchronization with the central server, ensuring up-to-date records across all branches.

Benefits of Android POS Devices for BG
More efficient portfolio management.

Stronger fraud control and monitoring.

Reduced manual data entry and paperwork.

Immediate payment acknowledgment for clients.

Lower transaction costs and improved cash handling.

End-to-end automation of financial transactions.

Enhanced customer interaction and service delivery.

Real-time updates on collections and client data.

Easier reconciliation for tellers.

Expanded reach across both urban and rural areas.

Potential to add services such as remittances, microinsurance, and pensions.

Elimination of manual field report printing.

Automation of RSFs (Revolving Savings Funds).

Evolute UniPoS Devices
BG selected Evolute UniPoS Android POS devices, manufactured by Evolute Group (India), through an international tender. These devices are robust, widely used in financial services, and support multiple connectivity options (POS, GSM, GPS, LAN/WAN). Evolute provides end-to-end support, including design, development, manufacturing, software, and maintenance, making UniPoS a reliable solution for microfinance operations.