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Identifying loans that have fallen behind schedule

Question: 
What tools can financial institutions use to ensure commercial loans stay on track?
Answer: 

Some software vendors offer automated email notifications and reporting for commercial loans that fall behind schedule. However, such tools can only work if the financial institution actively uses the software to manage its loan pipeline. Failing to update digital loan files could lead to inaccurate information and errant notifications.

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 04/30/2023

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