Managing finances is a critical aspect of running a society & MyGate recognizes the importance of providing tools that simplify this process. The new account balance feature allows you to view and track your society’s bank account balance conveniently, right on your MyGate Admin dashboard. By linking your society’s bank account with MyGate, you can now keep a close tab on your society’s financial health.
To provide a smooth user experience, MyGate has developed advanced capabilities that enable societies to seamlessly link their current accounts across a wide range of more than 12 banks. This collaboration allows societies with accounts in these banks to easily link them with MyGate, unlocking the account balance feature on the Admin Dashboard. We aim to expand this service to include more banking partners shortly, enabling all societies to benefit from the feature.
Retrieving account balance information can be a tedious task, involving visiting the bank website repeatedly. With MyGate’s innovative solution, these challenges are now a thing of the past. Society Admins can simply log in to the MyGate Admin Dashboard to access a comprehensive overview of their society’s account balance, saving time and effort.
Moreover, the availability of real-time financial data ensures enhanced transparency saving committee members from sharing net banking credentials with the concerned. It allows them to monitor account balances regularly, identify discrepancies, and take necessary actions promptly. This transparency not only fosters trust among society members but also helps in maintaining a healthy financial ecosystem.
Stringent Data Privacy Measures
We understand that financial data security is of utmost importance. That’s why MyGate has implemented robust security measures to ensure the safety of your society’s financial information. All bank account data is securely integrated into our platform, following stringent protocols and government guidelines. Your sensitive information remains encrypted and protected at all times.
Linking a society’s current bank account to the MyGate Admin dashboard is a straightforward process. To know more contact your relationship manager or schedule a free online demo today!