Sageworks Workflow

The life of a loan is a complex process, often involving many people at the institution and many steps. If credit workflows are inefficient, it dampens the institution’s turnaround time and as a result the borrower’s experience with the institution.

• Customize workflows to match your loan management needs
• Use notifications to prompt next steps and reduce stall time and bottlenecks
• See all the information related to a borrower in one, centralized place
• Use if/then and conditional logic in the development of workflow templates to match existing credit policy to automation
• Document each step of the process for better auditability

• Build efficient processes that can be used consistently for underwriting, booking, reviews or impairment
• Manage loans with an end-to-end solution At a glance, see all the information related to a borrower, including ALLL pools or stress tests Improve performance and productivity of lenders and analysts with automated pipeline reporting
• Start tracking prospective borrowers and prospecting activities in a centralized location to make activities reportable Link a workflow to a Sageworks page or a third-party site for ease of use Use Sageworks’ templates as a starting point for new workflows
• Tailor workflows to your institution’s processes Use notifications to prompt action from others working on the credit file
• Effectively communicate about the borrower to all parties involved Prevent incomplete credit files, using required steps and documents in a workflow
• Assign different access levels to control management of workflows
• Control notifications to staff through daily or as-soon-as available email alerts
• Provide analysts with a dashboard to help manage their workflows
• Quickly report on process exceptions and outstanding items
• Automate assignment of daily loan administration tasks
• Win more prospective loans by shortening turnaround time
• Create workflows to guarantee credits are appropriately stress tested as part of underwriting or reviews
• Access workflow steps quickly from every page