Reducing paper and making the switch to electronic loan files is a popular move by financial institutions today. The Document Management tool in FINPACK+ provides secure digital storage for all customers’ loan-related documents, allowing you to convert cumbersome paper files to electronic files with ease, and manage everything in one place.
Integration
Document Management in FINPACK+ seamlessly integrates with the Workflow and Credit Analysis tools. Uploading documents as Workflow tasks are completed provides an efficient way to gather customer documents during loan underwriting. Additionally, the latest versions of Credit Analysis reports are automatically generated and stored. This puts the most up-to-date versions of customer spreading and loan analysis data from all the FINPACK + Credit Analysis tools at your fingertips. Balance sheets, projections, and loan presentations can all be integrated into a system that provides powerful synergy in loan operations.
Flexibility
FINPACK+’s Document Management tool is customized by you. Since the electronic file system is tailored to mimic your current paper-based system, converting to electronic files is straightforward and intuitive. Any type of document can be uploaded and easily retrieved as needed, and of course, the Document Management system, like all of FINPACK+, is encrypted and secure. Documents are available to your internal credit team and access can be granted to outside reviewers, with the ability to grant specific access to examiners to review customer files for audit purposes.
FINPACK+’s Document Management tool provides the central repository you need to maintain all customer loan-related documents. As remote work environments and electronic systems become the norm in today’s workplace, use FINPACK+’s Document Management tool to achieve secure electronic loan files for customers. Use our secure storage system to go paperless and create efficiencies for your operations today.
FINPACK+’s Document Management tool helps your team make the switch to electronic loan files. Reach out today to learn more and schedule a personalized demonstration.
Pauline Van Nurden is currently the Associate Director for the FINPACK Team. She has been with the team since 2017 as an Economist.
Prior to joining the FINPACK Team, she worked as a lender. This provides her valuable industry experience and knowledge in her work with FINPACK. Pauline holds a Master’s Degree in Agricultural Education and Bachelor’s Degree in Applied Economics, both from the University of Minnesota.