Infographic: Financial Institutions Are Going Digital – But There’s Still Room to Improve

During Q1 of 2021, Abrigo surveyed nearly 250 lenders, credit analysts, chief credit officers, chief risk officers, and other professionals involved in the lending and credit risk process. The results showed that despite new pushes toward digital transformations, many financial institutions continue to use manual lending processes that add costs, create delays, and make their staff work harder than they must.

Download to learn:

  • The top reported obstacles for lenders in the commercial lending process
  • How the pandemic and related events impacted lending processes
  • The impact of manual processes on credit underwriting

 

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