Confidently transition to CECL with easy-to-use software that's both reliable and recognized by auditors and examiners.
CECL Essentials is designed for community financial institutions looking toward a 2023 CECL adoption timeline. With simplified software implementation, we can help busy CU leaders meet expectations using CECL approaches that fit your size and complexity. Our award-winning Client Services team leads training, and we provide optional accounting and modeling support from our Advisory Services Group.
More financial institutions trust Abrigo than any other partner for the allowance for loan and lease losses/allowance for credit losses (ALLL/ACL) calculation. Streamline the expected-loss transition and reporting using the American Bankers Association-endorsed solution for CECL.
I think the whole process was set up and implemented very well by the Abrigo team. It makes the investment so much better when the support is that good.
Our robust in-house consulting group includes former bankers, accountants, and CECL experts with deep and varied expertise. They work to alleviate the regulatory burden placed on financial institutions.
Abrigo's Advisory Services engagements range from CECL transition plans and data audits to outsourced CECL calculations.
Resources include implementation and data guides, accounting resources, and a CECL solution checklist.
Abrigo's advisory team reports important findings from the first implementors of CECL .
