Banking Reimagined – Fund Control Software Lets YOU Easily Be in Charge
Posted on October 24, 2022
In this modern world of ever-advancing technology, the banking industry is not immune to change. As society becomes more reliant on tech, the more virtual currency banks need to keep track of. This can often put a strain on the employees assigned to manage the fluidity of funds. It is critical that they have the proper tools in place to assist them as much as possible.
Luckily, our specialty is to bring Banks, Mortgage Companies, Private Lenders, and Disbursement Control Companies into the modern age of streamlined technology. We pride ourselves on being able to offer services that when implemented, will take your business to the next level of efficiency. The Fund Control services package offers 10 ways to turn the inner workings of your company into organized success.
Discover the possibilities by calling 800-625-5972 to speak to one of our specialized representatives. Upgrade your business to the technological future by utilizing Fund Control. You can see it for yourself by requesting to try our free demo. Learn about all the different services we have to offer by continue reading below.
Our Services Provided
- Contacts – Keep your leads, borrowers, and contractors organized in one place. You can also, maintain contractor and broker licensing requirements while managing your borrower relations.
- Communications – Generation and tracking of all your letters, memos, notes, and letter of transmittals. Further, utilize predefined text elements and documents to standardize correspondence.
- Borrowers – Keep a record of all financial transactions regarding the borrower. Utilize tracking of Vouchers and/or draw requests, verifying that all requests comply with institution policies; creation of disbursement checks and/or transfer forms; and recording borrower pay-downs to manage revolving lines of credit.
- Loans – Know all things about a loan, from locations to dates, to the players involved and its financial position.
- Budgets – Create and Maintain all original budgets and any budget changes. Create budgets from templates, spreadsheets, or by manual entry.
- Project management – Dashboards that show risk assessments, cash flows, and percentages of types of loans. Easy, accessible predefined reports for routine processes.
- Inspections – Provides the tools and functions to request inspections as well as record them, including pictures and other documents.
- Regulatory Requirements – Our customizable fund control software makes it easy to set up and administer specialty loans, documenting compliance with relevant FHA standards each step of the way.
- Concentration & Stress Testing – With the built-in Stress Testing, build unlimited portfolio stress scenarios. Create your own sources of stress; configure the formulas that you would like to use; select the loans that are to be stressed, and then run the test and see the effect on your portfolio over time.
Embrace The Technological Revolution
By calling 800-625-5972, you will discover the benefits of using Fund Control at your financial business. Don’t wait. You can request to try our free demo to experience it yourself! Technology is exponentially advancing, be ahead of the curve.