Visibility and Data Management for Asset Based Lending
Replace traditional paper, phone and fax processes in the lending process
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Overview
Banks and financial institutions file a multitude of lending requests, many of which still require error-prone, manual processes. From generating lease arrangements to inventory management, financial organizations are looking to streamline operations to effectively process client loan requests.
With Visibility and Data Management for Asset Based Lending solutions, banking and financial institutions can automate end-to-end processes to effectively track, manage and reconcile credit and leasing agreements with clients and trading partners.
Key benefits
Impact business and achieve better results.
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Improve time to market and time to revenue
Easily integrate with existing infrastructures to ensure fast implementation and speed time to revenue.
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Mitigate risk
Automate the manual, time-consuming and error-prone processes associated with exception management to mitigate risk.
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Improve international business operations
Get full visibility into the loan lifecycle to increase global transparency and enhance the client experience.
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Enhance security
Secure classified information with a full audit trail of user access and historical transaction analysis.
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Streamline calculation processes
Automate time-consuming interest- and fee-related calculations and view configurable rates at a granular level.
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Gain insights
Leverage end-to-end tracking for complex curtailment schedules and automated payment generation.
Business impacts
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Customer experience
Clients expect access to manage their loan information online. Without self-service options, banks and financial institutions fail to meet expectations, leading clients straight to another lender. Meet customer demands. -
Manual tasks
Financial providers are inundated with manual activities. From generating lease arrangements to tracking assets and inventory, time-consuming, error-prone manual processes put a strain on staff. Automate tasks to maximize resources.
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Loan information tracking
Multiple parties need access to loan information during the lending process. Banks must balance managing risk and ensuring proper loan and lease repayment with client requests to see loan utilization. Find balance with loan information tracking. -
Payment transparency
Clients need complete transaction information to quickly spot fraudulent activity. Banks need to provide complete information to avoid errors, longer transaction processing and operational risks. Increase payment transparency for faster processing.
Explore the components of the solution
Products
Solve business challenges with OpenText.
Professional Services
OpenText combines end-to-end solution implementation with comprehensive technology services to help improve systems.
- Accelerate your Information Management journeyConsulting Services
- Comprehensive Information Management services and resourcesExplore Professional Services
- Reduce time to value with rapid implementationPackaged Services
