Multi-State Cooperative Society in India is recognized and governed by two separate Acts. The first one came in 1984 and the second one is the latest that passed on 2002. The latest Multi State Cooperative Society (MSCS) Act of 2002 was made in support of merging and revising the laws related to the cooperative societies in India.
What is Multi-State Cooperative Society?
Multi State Cooperative Society is very similar to any other Cooperative Society organization in India. It also serves the interest of its members. But, unlike any ordinary society firm, MSCS can work in more than one state in India. This is why it is called Multi-State Cooperative Society.
The Objectives of MSCS Act 2002
The purpose of the MSCS Act 2002 was to facilitate those cooperative societies which have jurisdictions over multiple states in India. The main objectives of this act for the Cooperative Society can be found below.
- Simplification of Autonomous registration,
- Democratic Functioning,
- Promote Self-help and Mutual Benefits
- Improvement of Social and Economic Status of the members
- Facilitation in Society Incorporation and Functioning.
How to Manage MSCS
Cooperative Societies are managed by the special management system, provided by software development organizations. Similarly, an MSCS can be supervised with the help of advanced Multi State Cooperative Society Software in India. It can assist the organization in managing its day-to-day business-related operations.
Why Need MSCS Software?
Many small societies in India are managed by their members, manually. As they are small, the workloads may not that huge. But, Multi State Cooperative Societies are much bigger organizations; hence they cannot be managed and supervised manually. All such societies need MSCS software.
Benefits of MSCS Software
Our Multi-State Cooperative Society Software is web-based. Hence, it provides many unique advantages to its users as compared with traditional desktop-based applications.
• Accessible to multiple types of devices for users
• Highly Customizable
• Easy Integration with other systems
• No Headache for Maintenance,
• More flexible and scalable
• Data Protection,
Branch Operations Management
Management of society business for multiple branches of MSCS is a huge challenge for the company management. Easy Branch operation management is among the best features of Multi State Cooperative Society Software in India. It provides the below mention benefits for branch management.
• Easy sharing of info across different locations, branches, departments, and many more,
• Automatic and hassle-free data consolidation among multiple branches,
• Branch wise business analysis reports,
• Automatic updates for branch and main office.
This MSCS software utilizes a cloud-based server for data storage and many other functions. Hence, your Multi-State Cooperative Society would get the best benefits of cloud computing. Check them here.
• Efficient and Pocket Friendly,
• Data is more secured than ever,
• Greater flexibility,
• Easy data backup and recovery.
• More control over operations,
To manage different kinds of accounts, deposits, credits & loans, this Multi-State Society Software in India utilizes an automated mechanism. It enables your employees or associates to take on any kind of critical operations and complete the same within a short span of time. This part is so easy that even a newcomer employee of your society can accomplish a large number of tasks.
The automation benefit in MSCS software also enables you to reduce the cost of human resources. Society would be able to conduct all kinds of operations using fewer employees. It also helps to accomplish all jobs more accurately and effectively; hence, improve in productivity.
These are just some of the main benefits of Multi-State Cooperative Society Software that we have mentioned. If anyone wishes to check the full capability of the application, then s/he can contact us and ask for a free MSCS software demo in India. Our support professionals are wafting to assist you.