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What is Precision LM?

In today's fiercely competitive market, commercial lenders are on the lookout for innovative strategies to improve the efficiency of their lending operations, increase profitability, and reduce risk exposure. Precision LM emerges as a robust database solution that oversees the entire commercial loan lifecycle, starting from the initial application to the final decision. By managing each stage of the loan process—including pre-qualification, application handling, commitment oversight, closing, servicing, and accounting—Precision LM optimizes operations using a unified database system. This approach expedites the origination phase, leading to faster decision-making and reduced closing times while ensuring consistency in underwriting practices. Furthermore, the servicing aspect includes a fully integrated contact management system that helps minimize risk through diligent tracking of both portfolio and relationship exposures. Notably, it also decreases servicing costs on a per-loan basis while boosting servicing capabilities without necessitating additional staff. This comprehensive strategy not only streamlines the lending process, but it also enables lenders to operate more efficiently and profitably in a rapidly changing market environment, ultimately positioning them for sustained success.

What is OneFin?

OneFin provides a wide array of interconnected solutions tailored for Banks and Non-Banking Financial Companies (NBFCs), featuring offerings such as a Loan Origination System (LOS), Loan Management System (LMS), Collection System, and Accounting System, among others. Clients have the opportunity to choose from various configurations of these systems to best suit their specific requirements. Each system comes with a rich set of features, including a Multi-channel Sourcing Module, Business Rules Engine (BRE), Know Your Customer (KYC) processes, Disbursement capabilities, NACH support, Accounting functionalities, Banking Reconciliation, and a Customer Portal, all of which contribute to a strong operational foundation. The integration of these systems not only boosts overall efficiency but also simplifies workflows for financial institutions. Additionally, the adaptability of OneFin’s offerings allows clients to stay competitive in a rapidly evolving financial landscape.

Media

Media

No images available

Integrations Supported

Smart Capital Center

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

SS&C Technologies

Company Location

United States

Company Website

www.ssctech.com/solutions/products-a-to-z/precision-lm

Company Facts

Organization Name

OneFin

Date Founded

2016

Company Location

India

Company Website

www.onefin.in

Categories and Features

Commercial Loan

Not specified

Loan Management

Not specified

Loan Origination

Not specified

Loan Servicing

Not specified

Categories and Features

Loan Management

Not specified

Loan Origination

Not specified

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