FALIT Solutions

FALIT Financial Technology

Run Your Credit Union From One Connected Finance Platform.

Elyon Finance Suite brings members, savings, loans, cash and the books into one organised system, so every member, every transaction and every cedi is accounted for.

From the day a member joins to the day the books are closed.

01 Onboard
02 Save
03 Lend
04 Transact
05 Close
The Challenge

When the Books Live in Ledgers and Spreadsheets.

Member records sit in one place, loan files in another, and cash in a third. Month-end means days of reconciling, approvals depend on who is in the office, and managers wait for the figures before they can decide.

Every figure you cannot trust is a decision you cannot make.
Platform Overview

One Institution. One Connected Operating Environment.

Elyon Finance Suite connects the front desk, tellers, loan officers, accountants and management around a single record of each member and each account. Everyone sees what they need, and management sees the whole institution.

01Know Every Member

Keep every member, account and loan visible in one place.

02Connect the Teams

Front desk, tellers, loan officers and accountants on one platform.

03Improve Control

Give management a clearer view of the whole institution.

Trusted Books

Books You Can Trust.

Every transaction reaches the ledger accurately, and the figures agree with the work behind them, so managers and boards can rely on what they read.

Accurate

Every transaction posted correctly, every time.

Reconciled

Deposits, transfers and loans checked against the books.

Traceable

A clear record of who did what and when.

Figures that agree with the work behind them.
Lending

Lending You Can Manage.

Applications, terms, collateral and guarantors in one file, from request to repayment, so officers decide with the full picture.

Applications

Capture every request in one organised file.

Collateral & Guarantors

Keep security and guarantees clear and current.

Repayment

Follow every loan through to settlement.

Member Journey

Support the Institution From Membership to Month-End.

The platform follows the real work of the institution and keeps every team connected, from the first member registration to the final period close.

01

Onboard

Register members and organise their records from day one.

02

Save

Manage savings and shares with clear balances and statements.

03

Lend

Take loans from application to repayment in one organised file.

04

Transact

Handle cash and transfers accurately through accountable tills.

05

Close

Reconcile and close each period with confidence.

Elyon Finance Suite Capabilities

Built Around the Work of the Institution

Give every team in the institution a structured way to manage members, savings, loans, cash and the books.

01

Member Management

Individuals, groups and businesses, with complete records and clear account status.

02

Savings & Shares

Deposit products configured around your own terms and rules.

03

Accounts

Many accounts per member, with clear ownership and nominees.

04

Teller & Till Operations

Cash deposits and withdrawals handled through accountable tills.

05

Vault & Cash Management

Know where cash is, and move it with approval.

06

Funds Transfers

Transfers and standing orders handled accurately and on time.

07

Loan Management

Applications, terms, collateral and guarantors in one organised file.

08

Interest

Interest calculated, accrued and paid correctly and consistently.

09

Fees & Charges

Pricing rules applied the same way every time.

10

Approvals & Limits

Important transactions are approved by the right person before they count.

11

General Ledger

A complete set of books that always agrees with the transactions behind it.

12

Financial Statements

Trial balance, income statement and account ledgers when you need them.

13

Period Closing

Orderly end-of-day and month-end routines with clear sign-off.

14

Reconciliation

Deposits, transfers and loans checked against the books.

15

AI Assistant

Ask questions about your members, loans and books and get clear answers and guidance.

16

Audit Trail

A trustworthy record of who did what and when.

17

Branch Management

Branches run on their own terms while the head office keeps the overall view.

18

Digital & Mobile Channels

Give members secure access to their accounts from their phones and online.

Members

Members at the Centre.

Whatever a member does, saving, borrowing or transacting, it all comes back to one clear record, so your team always sees the whole relationship.

One member. Every account. One clear picture.
Digital & Mobile

Members, Wherever They Are.

Members can check balances, view statements and manage their accounts from their phones and online, securely, without queuing at the counter.

Balances

Check balances at any time.

Statements

View statements from a phone.

Requests

Make requests without queuing.

Control & Accountability

Control Without Micromanagement.

Give every team member the right access for their role, and keep a trustworthy record of what happened and who did it.

Authorized

The right people do the right work.

Verified

Important actions are checked before they count.

Traceable

Every change leaves a record.

One Record

One Member. One Version of the Truth.

Membership, accounts, transactions, loans and the ledger live together. No re-keying, no conflicting copies, no searching through files.

Members & Staff

A Better Experience for Members and Staff.

Clear statements, faster service at the counter and accurate balances build the trust that keeps members loyal.

Period Closing

An Orderly Month-End.

End-of-day and month-end routines with clear checks and sign-off, so closing the books stops being a scramble.

Business Impact

What a Connected Institution Changes.

01 Faster Month-End

Less time reconciling, more time serving members.

02 Accurate Books

Figures that agree with the transactions behind them.

03 Safer Cash

Clear control of tills, vaults and movements.

04 Better Lending

Complete files and consistent decisions.

05 Better Decisions

Honest numbers for management and the board.

Designed for Financial Institutions

Built for Financial Institutions.

Whether you run a single office or several branches, Elyon Finance Suite gives you one connected view.

01Credit unions
02Savings and loans cooperatives
03Village and community savings groups
04Microfinance providers
05Financial service providers

Information Kept Where It Belongs.

Each institution's information is kept strictly separate and protected. Access follows the role of each person, and every action is recorded for accountability.

Built to Grow With You.

Start with the essentials and extend as the institution and its branches grow.

Introduced Around Your Institution.

We help you get started with your own products, rates and people.

  • Guided onboarding
  • Training for every role
  • Ongoing support
ELYON FINANCE SUITE

See How Elyon Finance Suite Can Fit Your Institution.

Speak with FALITS about your credit union or financial institution and see a day in your business on one connected platform.

Every member. Every transaction. Every cedi. Accounted for.

Elyon Finance Suite, a FALITS product.

Request a Demo