Whenever two institutions are consolidated into one, it presents a litany of logistical and operational challenges, and as the lifeblood of most institutions, particular attention must be paid to lending departments. Profitability drives growth and whether as part of an M&A initiative, or simply a bank that is organically growing, bankers are recognizing the value of having the ability to centralize their loan level accounting and reporting along with their commission calculation capabilities within a single software system.
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August 19, 2022