“The key to lowering existing operational costs to efficiently manage “the spend” lies in equipping lenders with access to faster reporting, including detailed insight into loan volumes or margins and profits, for each branch within their network. Automated reporting capabilities not only set up lenders to move loans more quickly and efficiently through the origination pipeline to closing, but as the lender closes more volume, it also elicits potential for greater savings through the evaluation of each invoice.”
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September 14, 2022