NCBA and Mwalimu SACCO Launch a Payroll Tool Built for Faster Salary Processing
The new solution aims to help employers streamline salary payments, improve payroll visibility, simplify reconciliation, and accelerate digital transformation across organizations.
Mwalimu National DT SACCO has partnered with NCBA Bank to launch Salo Xpress, a new digital payroll management solution aimed at helping organizations process salaries faster, improve transparency, and gain greater control over payroll operations.
The platform is designed to address the growing demand for efficient payroll administration by enabling employers to manage salary payments seamlessly while accessing real-time information on payroll processing.
Additionally, Salo Xpress offers organizations enhanced visibility across the payroll cycle, faster salary processing, real-time tracking of payment status, simplified reconciliation through detailed reporting, and improved operational efficiency.
The launch, however marks a crucial step in the ongoing digital transformation efforts within Kenya’s financial and cooperative sectors, where organizations are increasingly seeking automated solutions to streamline administrative processes and reduce turnaround times.
Speaking during the launch, Mwalimu National DT SACCO National Chairman said the solution reflected the SACCO’s commitment to innovation and developing practical financial solutions that respond to the changing needs of institutions and employers.
“The launch of Salo Xpress is a significant milestone in our digital transformation journey and reflects our commitment to providing solutions that enhance efficiency, transparency, and convenience. Through strategic partnerships such as the one we have with NCBA Bank Kenya, we continue to develop products that empower institutions to operate more effectively and serve their stakeholders better.” He added.
Mwalimu National DT SACCO Chief Executive Officer said the platform was developed to help organizations improve payroll accuracy, reduce operational bottlenecks, and access real-time information to support decision-making.
“Salo Xpress is a response to the changing needs of employers and institutions seeking greater speed, accuracy, and visibility in payroll administration. By digitizing and streamlining payroll processes, we are enabling organizations to save time, reduce operational bottlenecks, and access real-time information for better decision-making. This solution underscores our commitment to delivering innovative financial services that create measurable value for our customers.” He noted.
Furthermore, NCBA Director for Corporate Banking – Liability Business, Sankul Mandavia, said the bank’s role in the partnership extends beyond providing banking products, positioning itself as a strategic partner supporting SACCOs with digital infrastructure, cash management, and advisory services.
Mandavia highlighted that NCBA currently banks seven of Kenya’s ten largest SACCOs, adding that the collaboration demonstrates the value of innovation and sector-specific expertise in supporting the growth of cooperative financial institutions.
The launch of Salo Xpress strengthens the long-standing partnership between Mwalimu National DT SACCO and NCBA, with both institutions seeking to expand access to digital financial solutions that improve operational efficiency for organizations.
As businesses and institutions continue to embrace digital transformation, the new payroll platform is expected to provide employers with a modern, reliable, and transparent way of managing salary payments while reducing the complexity associated with traditional payroll processes.
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