Several workers enter repetitive tasks manually so the error rate is high and repairing takes another time.
Important agendas processing costs enormous human effort or are not processed in time, the management cannot report actual data.
There is no clear approval workflow for incoming documents.
It takes you too long to process incoming documents and is not error-free.
All documents connected with customer can be directly sent via email in Excel, Word or PDF. OneCore Loans App supports the connection with electronic signature tool or online document library.
In one system, you can handle interest and annuity loan model, you can use daily interest, aliquot calculation, and manage changes on contract during active status.
Handing over routine processes to the system frees up capacity. Lending software offers plenty of mass operations for contract changes.
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