Introduction
Shastic vs. Eltropy: Which Lending Automation Platform is Best for Credit Unions?
Introduction
Credit unions looking to modernize their lending workflows often compare Shastic and Eltropy, two lending automation solutions. Both offer advanced capabilities, but which one is better suited for credit unions aiming to streamline loan processing, reduce operational costs, and enhance member experience?
In this article, we’ll break down key features, benefits, and use cases to help you decide.
Feature Comparison: How Shastic and Eltropy Differ
1. Automation Capabilities
📌 Shastic: AI-driven automation for the entire loan lifecycle—from application to funding.
📌 Eltropy: Primarily focused on communication automation (SMS, chat, voice).
2. Workflow Automation Focus
📌 Shastic: Purpose-built for credit union automation integrating with current omnichannel functionality or providing SMS and email communication mediums.
📌 Eltropy: Broader financial communication platform, not exclusively automation based.
3. Integration with Core Banking & LOS
📌 Shastic: Seamlessly integrates with most banking systems exclusive of API.
📌 Eltropy: Focuses more on digital engagement than automation. Limited by API capabilities.
Who Should Choose Shastic?
✅ Credit unions seeking end-to-end loan automation
✅ Teams looking to reduce manual workloads
✅ Institutions needing seamless system integration
📢 Want to see Shastic in action? Schedule a discovery call today!