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Benefits of using automated timers in the commercial lending process

Question: 
Why use automated timers during the commercial lending process?
Answer: 

Using timers to track total application time and specific steps in the commercial lending process can yield numerous benefits for financial institutions. Automation makes tracking easier for staff and reduces the chance for reporting errors. Reliable insights about the lending process helps financial institutions identify bottlenecks and develop ideas for improvement.

Learn more about commercial lending timers.

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 04/23/2023

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