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 towards a 2023 CECL adoption timeline. With simplified software implementation, we can help busy bankers meet expectations using CECL approaches that fit your size and complexity. Training is led by our award-winning Client Services team and we offer optional accounting and modeling support from our Advisory Services Group.
More bankers trust Abrigo than any other partner for the allowance for loan and lease loss/allowance for credit loss (ALLL/ACL) calculation. Streamline the expected-loss transition and reporting using the American Bankers Association-endorsed solution for CECL.
It was clear to us that loss modeling is what Abrigo is in business to do. Knowing that Abrigo understands the business and has a team of industry experts made it an easy fit.
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.
How to adopt (and scale) best practices and avoid common stumbling blocks while implementing CECL.
Abrigo's advisory team reports important findings from the first implementors of CECL .
