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Collateral perfection and reporting

Question: 
Why are ticklers and exception management tools important for collateral perfection?
Answer: 

Some types of collateral require ongoing tracking by the bank. Ticklers and exception management systems can be useful for organizing the bank’s ongoing tracking requirements and simplifying report preparation.

Continue reading collateral perfection.

Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 09/18/2022

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