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Introducing: Automated Balancing Assistant
for Credit Unions

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​There are many balancing functions that all credit unions must do on either a daily, monthly, or quarterly time frame.

 

This typically involves using reports from your General Ledger, Core application, or third party processor, and quite often creating an innovative Excel spread sheet to facilitate the operation.​​

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​eform. a software development firm, that has been developing solutions for credit unions for over 25 years, has developed a solution that will assist your credit union complete a number of necessary tasks in a in lass than 3 minutes

The Basic modules; Shares, Certiicates, Loans and Cash are summarized in the ABACUS dashboard as displayed below.
For more detailed information, click or touch the Continue button.

ABACUS also offers several PLUS module to assist with Share Draft (Debit Cards), EFT, ACH, Mortgages, and Student Loans. to view these options, click here.

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​How will ABACUS benefit my credit union?​

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​​History is saved for 7 years. The final Balancing Report and the input reports are saved for future reference or audit.​

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Eliminates data entry errors. By reading the reports electronically instead of entering the information manually, data entry errors are totally eliminated.​

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Amazingly Fast. ABACUS provides your detailed result in less than 3 minutes of reading your reports.​

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Flexible frequency. Modules may be run daily instead of weekly or monthly; however, running more frequently may highlight any anomalies quickly where they may be more easily resolved.​

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Central location. All of the information including the reports used in the balancing process are available in one location.​

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Corrections. If the accounts are not in balance, corrections can be made and the reports run again.

Frequently Asked Questions

​​What Core Applications does OnCore Balancing Support?

ABACUS is designed to connect with any Core Processor. 

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What General Ledger Systems do you support?

ABACUS is designed to connect with any General Ledger System. 

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Is our information secure?

The application is hosted on our Amazon Web Services (AWS) server

 

Is this application designed specifically for Credit Unions?

Yes.

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Is support included in the fee?

Yes, your subscription fee includes unlimited support.

 

What is involved in the installation?

Your secure folder will be established, and the reports from your Core and General Ledger will be reviewed. You will then be operational. There is a one-time fee for installation.

Pricing

Try ABACUS Free For 30 Days

Momthly Subscription (Billed Annually)  $50

  • Unlimited Locations

  • Unlimited Access

  • Unlimited On-Line Support

Setup: (One-time Fee)  $995

  • Account Verification

  • System Configuration

  • On-Line Training

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