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Scalability challenges with spreadsheet-based exception tracking for commercial loans

Question: 
Why isn’t a spreadsheet-based approach to exception tracking scalable?
Answer: 

It may be feasible to use spreadsheets to track exceptions for a small commercial loan portfolio. However, the amount of manual data increases considerably as the loan portfolio grows. This can lead to lower productivity for staff and increase the chance for oversights.

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exception tracking.

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

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+1-678-966-0844

First published on 10/08/2023

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