ECL’s online banking software suite makes it easy for all authorized staff to access and maintain loan account information.
Virtual collaboration is a key part of the modern workplace, and this is true of the construction lending industry as well. If your systems aren’t all connected, it can be very difficult for all parties to keep up to date with the progress of a project or the status of a loan account. Fortunately, ECL Software offers a robust online banking software suite that can link to your back end accounting systems and track everything that needs tracking.
Our online banking software suite was designed specifically for the needs of construction lenders and contains the following useful features:
Contact Management: Our software can replace separate contact lists held by individual employees with a comprehensive contact management system that keeps information on your leads, borrowers, and contractors all organized and accessible.
Communications: Use our pre-set templates or create your own templates for sending letters, memos, legal notices, etc. Contact information will populate from the software’s address book and copies of all communications will be retained for your records.
Loan Administration: Get comprehensive information about a loan, a category of loans, or your entire portfolio from within our online banking software suite. You can also attend to all the necessary tasks involved in loan administration such as creating budgets, tracking voucher requests, issuing disbursement checks, and recording pay downs.
Reporting: Our online banking software suite has robust, easy-to-use reporting functions that can show risk assessments, cash flows, portfolio allocation, and more. Use our pre-defined dashboard reports for a quick picture of your loans or create your own detail reports. Stress testing and predictive reporting features are also included.
Make Our Online Banking Software Suite Work for Your Business
At ECL Software, we believe that the software should learn your business, rather than you having to learn the software and perhaps change your protocols in the process. Our online banking software suite contains roughly 800 settings that can be turned on or off to customize your experience. Contact us today to start making this software your own.
