ERP for Ethiopian MFIs, banks & insurers
One source of truth, every branch.
Microfinance institutions, banks and insurers in Ethiopia run a core banking system for savings and loans — but finance, branch budgets and statutory reporting too often live in spreadsheets. NYLOS unifies them, integrating with the core system you already run rather than replacing it.
Where it hurts today
Month-end means re-keying
Finance manually re-enters numbers across the core system, spreadsheets and a separate ledger — slow and impossible to audit cleanly.
No real-time branch view
Leadership can't see spend-against-budget per branch until the books are reconciled, weeks later.
Reporting pressure
National Bank of Ethiopia and IFRS reporting demand consistency that manual processes can't guarantee.
Where to start
Modules that fit banking & microfinance.
Compliant by default
- IFRS-for-SMEs aligned financial statements and disclosures
- Reporting structures that map to National Bank of Ethiopia expectations
- Role-based access and audit-grade trails on every posting and approval
What changes
- Core banking, finance and branch budgets share one reconciled ledger
- Month-end close no longer depends on manual re-keying
- Branch budgets and approvals visible to leadership in real time
Questions
Do we have to replace our core banking system?
No. NYLOS integrates with your existing core banking platform via a custom adapter so posted transactions flow into one general ledger — we built exactly this for an Addis Ababa MFI in 10 weeks.
Can it handle multi-branch budgeting and consolidation?
Yes. Branch-level budgets, approvals and consolidation are built in, with each branch tracking against plan in real time.
Does NYLOS support shareholder and dividend management?
Yes — the Shareholder Management module handles share registers, capital and dividend workflows, which matters for share-company MFIs and insurers.