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Simplify Tech ROI: Use Labor Costs to Evaluate Enterprise Lending Technology Purchases

Financial institutions that might readily hire a new lender assuming adequate ROI sometimes get bogged down trying to determine whether a technology purchase will pay for itself. Executives considering new enterprise lending technology can simplify the ROI evaluation process. The key is examining the current lending process and benchmarking those labor hours and costs against a new workflow supported by a blend of technology and people. This simple but relevant way to measure the efficiency gains, along with a review of customer benefits, will reveal the capacity for building new revenue that clarifies ROI.

Download this whitepaper to:

  • Understand the importance of mapping the loan process
  • Learn what metrics are important for evaluating enterprise lending technology purchases
  • Realize why enterprise lending technology is key for increasing earnings

Looking for Banker’s Toolbox? You are in the Right Place!

Banker’s Toolbox is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to Banker’s Toolbox Community Online.

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Looking for MainStreet Technologies? You are in the Right Place!

MainStreet Technologies is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the contact us button here, or the link in the top navigation, to reach product support for your MST products.

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Looking for Sageworks? You are in the Right Place!

Sageworks is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to your Sageworks products.

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Looking for Farin? You are in the Right Place!

Farin is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to your Farin client portal.

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Abrigo acquires construction loan management solutions

Coupled with our lending suite, Construct and +Pay from BankLabs enable end-to-end automated residential/commercial construction loans.

Read the press announcement

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