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Automated timers for commercial loans

Question: 
What is an automated timer and how can it support commercial lending?
Answer: 

Some commercial lending systems offer built-in timers, which track how long a loan application has remained active or in a specific stage. Automated timers can help financial institutions proactively identify loan applications that are in danger of falling behind schedule.

Learn about loan management workflows.

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

marketing@alogent.com
+1-678-966-0844

First published on 03/24/2024

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