ABACUS
Automated Balancing Assistant
for Credit Union Systems
​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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​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.​​​
On accessing ABACUS a snapshot is provided showing balances from the latest information as well as a summary of the last several processes.
No software to Install. No new applications to learn.
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Copy your reports to a secure location, and the next morning your reports are available.
For more information, click here.
ABACUS Plus offfers module to assist with balancing Share Draft
(Debit Cards), EFT, ACH, Mortgages, Student Loans, and other third party processors.
For more information, click here.
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.