Even in the most uncertain times, there is a lot commercial lenders can control. First, you need a lending platform you can trust. To find that, look for five critical characteristics.
5 SIGNS OF A SUPERIOR LENDING SOLUTION
tip sheet
©2021 FIS FIS and the FIS logo are trademarks or registered trademarks of FIS or its subsidiaries in the U.S. and/or other countries. Other parties’ marks are the property of their respective owners. 1383702
linkedin.com/company/fis
twitter.com/fisglobal
www.fisglobal.com
LET’S SOLVE THE FUTURE OF LENDING
Information is the lifeblood of the lending business, supporting decision-making, risk management and customer service. From paper-based processes to fragmented, disparate systems, many operational obstacles can stop you getting your data under control.
By clearly defining how you capture, channel and share information, a rigorous approach to data management will provide a single flow of data and a holistic view of customer relationships and risk, while reducing manual data input and errors.
A ROBUST INFORMATION MODEL
Commercial loan processes can be complex, but you can optimize yours with expert help – and without reinventing the wheel.
The best lending platforms are designed and supported by industry experts, who understand the loan life cycle inside and out. So, the technology will come complete with leading-practice (but configurable) processes that deliver efficiency, flexibility and compliance right out of the box.
GOLD-STANDARD PROCESSES
While some digital lending platforms may be fast at saying “yes” to customers they clearly want, they can be less skilled at assessing the “maybe” candidates – who could possibly yield a greater profit.
A sophisticated risk engine will allow you to look beyond the safest bets. With deep analytical capabilities, your lending system may spot the potential to negotiate or investigate further – allowing you to both dig into additional information and open a one-to-one dialogue.
POWERFUL RISK ANALYTICS
Workflow or business process management technology is critical to automating and connecting your lending processes, reducing manual intervention and providing the efficient, digital services that today’s customers demand.
But a word of warning: a workflow solution shouldn’t be the mainstay of your digital transformation. It’s just one part of the framework you need to future-proof your lending operations – an enabler of your capabilities in risk, data and relationship management.
EFFICIENT WORKFLOWS
Future-proofing your lending platform doesn't have to mean demolishing the past and rebuilding from scratch.
When you’ve invested time and money in developing systems and processes, you need technology that will easily slot into and enhance your existing environment. Why rip out and replace when you can integrate and complement instead?
SMOOTH INTEGRATION
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim venia. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim venia.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim venia.
labore et dolore magna
With innovative technology and reliable managed services, your future is squarely in your own hands. Get in touch for more tips on how to drive profits and growth.
ut enim ad minim venia.
Deepen your analysis
ut enim ad minim venia.
Understand your customers
John Smith, FIS
Uptatqui dest es et as adi aut ipsae et eos ulla sied borum et .
Lorem ipsum dolor sit amet, etil consectetur elit sed do?
TRUE
FALSE
Good job!
TRY AGAIN!
Next
back
in anticipation of future uncertainty
Gain control
and ensure they pass any new compliance or regulatory changes
Increase visibility
Ensure compliance
Get flexible technology
Get in touch
ut enim ad minim venia.
81%
ut enim ad minim venia.
36%
ut enim ad minim venia.
Drive automation
ut enim ad minim venia.
Step up efficiency
ut enim ad minim venia.
Innovate and improve
ut enim ad minim venia.
Connect seamlessly
Ensure compliance
Get flexible technology
in anticipation of future uncertainty
Gain control
and ensure they pass any new compliance or regulatory changes
Increase visibility
ut enim ad minim venia.
Understand your customers
ut enim ad minim venia.
Deepen your analysis