eBalancing
​There are many 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.​
​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 in balancing Share, Certificates, Loans & Cash in less than 5 minutes and for just $3.17 a day.
Leaving time available for more important tasks
Use the reports you currently use, save them to a secure folder,...
In minutes your eBalancing reports are ready.
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eBalancing
11/11/2024
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​How will eBalancing benefit my credit union?​
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​​Saved for 5 years. The final Balancing Report and the input reports are saved for 5 years for future reference during 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. eBalancing provides your detailed result within 5 minutes of receiving 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.
How much does eBalancing cost?
$95 / month with the first month trial free.
What Core Applications does OnCore Balancing Support?
eBalancing is designed to connect with any Core Processor.
What General Ledger Systems do you support?
eBalancing is designed to connect with any General Ledger System.
Is our information secure?
The application is hosted on our Amazon Web Services (AWS) server.
Is this application designed specifically for Credit Unions?
Yes.
Is support included in the fee?
Yes, your monthly or annual subscription includes support.
What is involved in the installation?
During implementation we produce reports from five days worth of report data.