Publication Date: 2023/05/26
Abstract: This project aimed to improve the financial management practices of Bentuco National High School Faculty Cooperative by developing and implementing a Loans and Savings Management System. The project objectives included identifying current loan and savings management practices, determining the technical requirements for an automated system, assessing the potential benefits of implementing the system, and developing a functional system with a detailed timeline, budget, and risk management strategy. A mixedmethods approach was used, involving both qualitative and quantitative data collection and analysis. Data was gathered through interviews, surveys, and observations to identify current practices and common problems faced by cooperative members. Based on these findings, a Loans and Savings Management System was designed using the MERN stack, anchored in Organizational Information Processing theory, and developed using Agile Methodology in software development. The prototype was evaluated using Chi-square analysis, based on ISO 9241-11, and the actual system was evaluated using ISO/IEC 25010. The results showed that the system improved the efficiency, transparency, and accountability of financial transactions within the cooperative. Users were satisfied with the system and found it easy to use. The project provides insights into the benefits of implementing an automated system for financial management in a cooperative setting, and the use of a mixed-methods approach can provide valuable data for designing and evaluating such systems.
Keywords: Website, MERN, Cooperative System
DOI: https://doi.org/10.5281/zenodo.7972417
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23MAY537.pdf
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