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Basic Functionality for Loan Document Management Software

Question: 
What are the basics we should look for in a loan document management app?
Answer: 

Features vary by vendor, but at a minimum, look for a system that makes it easy to manage: multiple collaterals, cross collaterals, related entities, additional guarantors, comments, flex fields, branch security, and credit / account classifications.

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Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 08/23/2020

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