Cinnamon Clubs – Automation Software for your Investment Club (Review)

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Cinnamon Clubs is an investment club management software that helps you automate transaction processes among your club members. This software is developed by Hostalite Uganda, and is meant to ease processes amongst your club members and can be custom made basing on your preferred requirements.

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Running a club can be hectic, most especially when it comes to recording transactions, storing them and maintaining and monitoring them for later use. Sometimes, comparison of these records can be impossible due to the basic software used which doesn’t support certain functionalities.

Storing all your details, organizing your records and managing them without any complexity is what any investment club needs, and this is what Cinnamon automation software came to solve. Cinnamon Club enables your club track/monitor a series of investments and analyze everyone’s contributions.

Contents

Cinnamon Clubs Components and resources

With its different components, Cinnamon enables the systematic organization of a club’s transactions. It has a component which handles;

  • Document management
  • Inventory management
  • Human resource management

Functionalities offered by Cinnamon

  1. Member Management

With Cinnamon, you can capture and manage members’ biodata and contact information in one collective database.

2. Collections

Cinnamon enables automatic bill generation according to club regulations for example the penalties, fines, total money paid by each individual, following up each individual’s payment patterns and so much more.

3. Loan Management & Investments

With Cinnamon software, Loan request and Approval are made easy, Payment schedules are automatically assigned and also Automatic deduction for member loans are made by the software.

How to get started with Cinnamon.

  • You first have to register, and it is a free and easy process.
  • After the registration process, a profile is created for you from where you can start a club.
  • Fill in the following information below, associated with your club.

NOTE: Ensure that all information filled in is correct, because you are about to open up an account under your savings club with Cinnamon Clubs.

Cinnamon Payment Plans

Surprising Cinnamon’s payment plans are quite affordable, BUT you should ensure your club is not so large (because the larger the club, the more charges increase)

  1. FREE 1-month TRIAL

You are given access to all services below and the condition is the maximum number of club members must be 20:

  • Up To 20 Members
  • All Modules Available
  • Nothing To Install, Runs On Your Browser
  • Member Management
  • Loan Management
  • Payment Management
  • Investment Management
  • Help Desk and Support
  • 24/7 livesupport
  • Reports

2. Level 1 per year

The cost of the Level 1 (per year) subscription is $45 (About UGX 165000)

You are given access to all services below and the condition is the maximum number of club members must be 20:

  • 20 Members or Less
  • All Modules Available
  • Nothing To Install, Runs On Your Browser
  • Member Management
  • Payment Management
  • Investment Management
  • Loan Management
  • 24/7 livesupport
  • Reports

3. EXTRA MEMBER

For those who are in clubs with more than 20 members, this extensional package is for you.

For every extra member, you must pay $3 (About UGX 10,000) per year.

WHY CINNAMON AND HOW TO USE IT

Cinnamon clubs is an easy to use software and can be adjusted and custom made basing on your clubs requirements and activities.

Every member can get access to their profile any time on your smartphone by logging into your account on the CinnamonClubs website. It can be used at anytime and anywhere, an easy to use platform for any basic user. You can initiate a loan application at any time, view your penalties and total finances for any given period of time. You can know the total worth of the club at any point in time.

Most importantly, the Cinnamon Clubs has got the Cinnamon Blogs which have informative information that can guide any club (budding or already established) into better financial management and how to make effective use of your club investments.

ABOUT CINNAMON CLUBS AUTOMATION SOFTWARE

Developed by Hostalite, Cinnamon Clubs management portal has helped a number of clubs to manage their records and improve their efficiency in collections, activity monitoring, financial analysis, and reconciliation. It automates club operations, eliminating the need for complex Excel sheets and bulky write-up, thereby making the work of financial book-keeping within the club easier.

Cinnamon allows your club to concentrate on the business of growing your money by taking care of the record keeping details. Every investor joins a club expecting that their investment will grow over time. Cinnamon will track the performance of your various investments as a club.