Elioenai Technologies: Delivering Easy-to-Integrate and User-Friendly Fintech Software
According to a report from TechSci Research, the global FinTech market is predicted to reach USD 305 billion by 2024. The high investments in technology based solutions made by banks and financial institutions are the major factors driving the growth of this sector. Another factor that has boosted the market growth globally is the delivery of low-cost personalized products by FinTech companies. However, not all FinTech solutions that are cost-effective can be easily customized and integrated with the customers’ existing systems.This is where Elioenai Technologies comes into the picture. Elioenai Technologies, a pioneer in developing web applications for financial institutions in Kerala, offers extremely useful and user-friendly FinTech software for financial institutions that are into the Nidhi business. This software can be completely customized and integrated with the clients’ existing systems such as Real-time mobile systems, SMS and E-mail systems. Nidhi software is an online web application built specifically for Nidhi Companies for automated posting of business data to accounts module. Moreover, Elioenai Technologies provides complete software tool kit that facilitates the smooth function of business operations.
Nidhi Software comprises numerous modules such as Saving Account module, Daily Deposit module, Recurring Deposit module, Fixed Deposit module, Loan module that handles different types of loans, Accounts module that handles all the accounting needs of the company and Report module that has all the detailed reports of every other module of the software.
Elioenai has developed FinTech software for numerous microfinance companies. One of its most successful products is the Nidhi software for Nidhi companies. The company developed this product in 2015and has
been able to successfully install and run the product for 63 Nidhi companies till date. Another product of Elioenai Technologies that brought a huge revolution in the financial sectoris its mobile application developed in 2017.
Easy Management of Chit fund activities from anywhere, anytime
Elioenai Technologies offers a web based Chit Fund Management software – Chitty Software for Chit Management companies, which helps in managing different types of chit projects. Chitty Software allows financial institutions and chit management companies manage their chit fund activities easily from anywhere, anytime through a web browser.
“All details are incorporated as per Kerala Chit fund rules and this software provides easy procedure for chit registration,” says Libin John, Founder & CEO of Elioenai Technologies. This software can automatically calculate late fee and loan interest for customers and comprises features such as provision for installment receipts, advance payments, cancel payments, Pay out receipts and printing. The modules of Chitty Software include Office Management, Daily Collection Management, Accounts Management, Statutory reports, chit balance sheet, Suit module, MIS module, SMS intimation module and Reports module.
“We are the official channel partner for all Kerala chit funds association, providing high quality and sophisticated chit fund applications,” says Libin. Elioenai Technologiesis in the process of developing a new software product for the Non-Banking Finance Companies that will be launched in the coming financial year.
Elioenai Technologies offers user-friendly FinTech software for financial institutions that are into the Nidhi business
Easy Management of Chit fund activities from anywhere, anytime
Elioenai Technologies offers a web based Chit Fund Management software – Chitty Software for Chit Management companies, which helps in managing different types of chit projects. Chitty Software allows financial institutions and chit management companies manage their chit fund activities easily from anywhere, anytime through a web browser.
“All details are incorporated as per Kerala Chit fund rules and this software provides easy procedure for chit registration,” says Libin John, Founder & CEO of Elioenai Technologies. This software can automatically calculate late fee and loan interest for customers and comprises features such as provision for installment receipts, advance payments, cancel payments, Pay out receipts and printing. The modules of Chitty Software include Office Management, Daily Collection Management, Accounts Management, Statutory reports, chit balance sheet, Suit module, MIS module, SMS intimation module and Reports module.
“We are the official channel partner for all Kerala chit funds association, providing high quality and sophisticated chit fund applications,” says Libin. Elioenai Technologiesis in the process of developing a new software product for the Non-Banking Finance Companies that will be launched in the coming financial year.
