Loan Review Issues Include Getting Necessary Data Loan review requires accurate loan-level information. A survey by Abrigo found this is a common challenge. You might also like this webinar on creating an effective loan and credit risk review function. WATCH Takeaway 1 Effective loan review begins with good data, but

Stay Ahead of the Curve and Put Our Knowledge to Work for You Abrigo Thought Leaders Speakers, Writers, & Resources for Bankers 100+ years of combined industry experience Abrigo’s thought leaders know the topics and trends affecting financial institutions the most, and we are committed to helping you meet today’s

ABA Endorses Sageworks for CECL Software Solutions Washington, D.C., September 17, 2018 – The American Bankers Association today announced its endorsement of two software solutions to help banks meet the upcoming deadline for Current Expected Credit Loss (CECL) implementation. Sageworks ALLL and MST Loan Loss Analyzer (LLA) are software solutions that provide

In a recent Sageworks webinar, Ancin Cooley of Synergy Credit Union Consulting took a deep dive into five areas that credit unions interested in growing their MBL portfolios need to be aware of in order to effectively manage risk in the MBL portfolio. The first module that Ancin covered during

By Jackie McLaughlin, CPA With the increased availability of useful data, analytical review procedures are becoming more important during the audit process. The processes provide a number of benefits to help CPAs reduce risk and increase audit efficiency. Additionally they provide opportunities for CPAs to become even better at what

It’s grind time for public tax accountants and auditors. February and March (and for firms providing tax services,fe April) are generally the busiest months all year. As a result, millions of accountants are putting in extra hours of work and dealing with added stresses related to challenging clients or situations.

Since the new MBL rule from the NCUA went into effect in January, many credit unions are considering member business lending as a growth strategy. As discussed in a Sageworks whitepaper, “Mitigating Top Member Business Lending Risks”, developing a strategy is key to successful MBL growth. Whether you are developing

any business owners have trouble managing the line between business and personal expenses. To increase cash for your business without hurting your personal finances, it is important to understand your cash flow situation.  These situations make it hard for business owners to gauge the cash flow of the business. The

Industry, especially the financial industry, has become packed with insightful and time saving technologies. In a recent Sageworks webinar, 60 percent of attendees said that one of their main road blocks to adopting new technology at their firm was their unfamiliarity with potential solutions. In today’s blog I will map