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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Automating decision flows allows for the creation and implementation of various decision strategies, credit application processing sequences, and business rules using an intuitive drag-and-drop interface. This user-friendly platform accommodates flows of any complexity, supports numerous steps or sub-strategies, and facilitates diverse calculations and risk assessment models. It enables the input of application data and organizes routing among participants in the decision-making process through dedicated web-based workspaces. Furthermore, it streamlines the loan origination process by providing tools for automation, management, monitoring, and evaluation. Additionally, the system includes support for a "champion-challenger" mode, which enhances decision-making effectiveness. Users can also design custom application and entry forms through a specialized interface tailored for their needs. Overall, this comprehensive solution empowers organizations to optimize their decision-making processes efficiently.

Description

In the current competitive landscape, commercial lenders are actively seeking methods to enhance efficiency in their lending processes, boost profitability, and mitigate risk. Precision LM stands out as a comprehensive database solution that manages commercial loan operations from the initial request all the way to final outcome. By overseeing every facet of the loan process—including pre-qualification of requests, application processing, commitment management, loan closing, servicing, and accounting—Precision LM streamlines operations with a singular database framework. The system accelerates the origination phase, significantly reducing decision-making and closing times while maintaining uniformity in underwriting practices. Additionally, the servicing component features a fully integrated contact management system, minimizes risk through attentive tracking of portfolio and relationship exposures, and lowers servicing expenses on a per-loan basis, all while enhancing servicing capabilities without the need for additional personnel. This holistic approach not only simplifies the lending process but also empowers lenders to operate more effectively and profitably in a fast-evolving market.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Smart Capital Center

Integrations

Smart Capital Center

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Scorto

Founded

2001

Country

United States

Website

www.scorto.com

Vendor Details

Company Name

SS&C Technologies

Country

United States

Website

www.ssctech.com/solutions/products-a-to-z/precision-lm

Product Features

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

Product Features

Commercial Loan

Asset Management
Audit Trail
Complex Debt Structures
Dashboard
Document Management
Exposure Management
Lead Management
Pipeline Management
Risk Management
Trend Analysis

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

Loan Servicing

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

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