FOR IMMEDIATE RELEASE
Agricultural Underwriting and Analysis Product completely re-designed.
Topeka, KS, June 30, 2008: Suntell, Inc. has announced the release of AgExam as an integrated component of the company’s existing Loan Management System. The Loan Management System (LMS) is a commercial loan portfolio management system that includes financial spread analysis, summarized loan presentation packages, risk rating identification, document and exception policy management, watch list management and past due action plans, and portfolio reporting.
AgExam was previously a product that Suntell offered, however it was a stand-alone module that was not integrated with the rest of the LMS. The company decided to re-design AgExam in it’s entirety, making it more robust and also incorporating it into the LMS.
“The foundation for AgExam had already been developed, but the previous version forced our customers to operate two systems,” says Director of Product Development Mike Hatesohl. “Our goal as a company is for all of our products to be seamlessly integrated. Therefore we undertook a complete re-work of the AgExam product so that it could be incorporated into the LMS.”
AgExam offers standardized agricultural financial statements, cash flow projection, performance ratio analysis, user-defined scoring, collateral valuation and inspections, and integrated debt and collateral analysis.
Founded by bankers, Suntell, Inc. currently services over 135 financial institutions, ranging from de novo to more than $2 billion in assets, in more than 22 states.
Suntell, Inc. (www.suntell.com) is a leading provider of software for loan portfolio and risk management for banks and credit unions of all sizes in the United States. Suntell is the developer of the SquareOne Credit Suite, which includes products for loan approval and underwriting, risk identification and management, documentation and exception tracking, collections and problem loan workout planning, management information reporting, loan document imaging, agricultural underwriting and analysis, loan pipeline and workflow solutions, as well as interfaces to core accounting systems and loan origination systems. The company is owned by Financial Institution Technologies.
Financial Institution Technologies