At Suntell, we understand the importance of efficiency and accuracy in the loan management process. That’s why we developed the Loan Management Integrations feature of our Square 1 Credit Suite platform.
The Loan Management Integrations feature allows financial institutions to seamlessly integrate their loan management system with other tools and systems, reducing data entry and improving efficiency. This feature includes a nightly core download of customer, loan, and deposit account information, ensuring that institutions have a complete picture of their borrowers’ relationships.
In addition to the core download, the Loan Management Integrations feature also allows institutions to interface new loans with loan document platforms such as ComplianceOne and LaserPro. This eliminates the need for duplicate data entry and helps to reduce the potential for errors. The feature also enables institutions to extract data for other tools such as portfolio CRE Stress Testing or CECL.
By using the Loan Management Integrations feature from Suntell, financial institutions can:
- Improve efficiency: The seamless integrations of this feature reduce data entry and improve efficiency in the loan management process.
- Maintain accuracy: The nightly core download and interface with loan document platforms help to ensure that institutions have a complete and accurate view of their borrowers’ relationships and new loans.
- Extract data for other tools: The ability to extract data for other tools such as portfolio CRE Stress Testing or CECL helps institutions to better understand and manage their loan portfolio.
Overall, the Loan Management Integrations feature is a valuable tool for financial institutions looking to improve efficiency and accuracy in their loan management process. We believe it is an essential component of any comprehensive loan management program, and we are confident that it can provide significant value to our customers.
