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What is SmartRisk?

SmartRiskâ„¢ Software helps you set precise downside expectations for your clients, many of whom may not fully grasp the market's inherent risks. By facilitating the progression of prospects into the planning stage, SmartRisk encourages clients to realign their portfolios in response to market changes. This invaluable tool plays a crucial role in preserving client relationships during economic downturns, significantly reducing the likelihood of poor investment choices. Utilizing SmartRisk allows you to showcase your financial expertise effectively. Among its key features are Portfolio Comparison Alerts, Single Name Concentration insights, Alerts for Accounts, Household Views of Accounts, along with a range of Marketing Materials. You can access a wealth of client-facing presentations, brochures, and examples of direct mailers to bolster your outreach efforts. Moreover, benefit from unlimited access to our dedicated support team, who are available to assist with inquiries related to both the software and the underlying subject matter. Designed for seamless compatibility with other Covisum tools, the software allows you to navigate effortlessly within the new advisor portal. This comprehensive strategy not only enhances your ability to serve clients but also fortifies your standing in the competitive landscape of financial advisory services, ultimately leading to greater client satisfaction and retention. Through these advantages, SmartRisk sets you apart in your practice.

What is Lendisoft LMS?

Our software utilizes the Potential Delinquency collection approach, which is acknowledged by enterprise lenders for its potential to enhance month-end collections by up to 30%. By leveraging Net Balance at Risk (NBAR), we assign risk grades of A through E to each active loan, utilizing six advanced scoring models that function continuously in the background. The system smartly identifies the most effective timing to contact borrowers based on their historical behavior. This method not only improves the likelihood of successful right-party contacts but also minimizes unnecessary calls within your portfolio. Furthermore, our sophisticated work queues organize agent tasks using intelligent sorting algorithms, ensuring that accounts with customers who have defaulted on their payment commitments are given top priority. With the risk grades allotted to every loan, you are empowered to assign the most challenging cases to your highest-performing collectors. Our detailed reporting tools will also help you identify your most successful collectors, providing insights that can drive performance. Additionally, the software generates actionable recommendations tailored to the current status of accounts and levels of borrower engagement, keeping you equipped with effective strategies as you move forward. This comprehensive methodology not only enhances operational efficiency but also optimizes the effectiveness of your collection strategies, promoting better overall outcomes. Ultimately, the software is designed to adapt to the evolving needs of your business, ensuring sustained improvement in your collection efforts.

Media

Media

Integrations Supported

Integrations Supported

Solutions by Text

API Availability

API Availability

Pricing Information

$49.99 per user, per month
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Online Training

Company Facts

Organization Name

Covisum

Date Founded

2016

Company Location

United States

Company Website

www.covisum.com/solutions/smartrisk

Company Facts

Organization Name

Lendisoft

Date Founded

2020

Company Location

United States

Company Website

www.lendisoft.com

Categories and Features

Financial Risk Management

Market Risk Management
Portfolio Management
Risk Analytics Benchmarks
Stress Tests

Categories and Features

Commercial Loan

Audit Trail
Document Management
Lead Management
Pipeline Management

Debt Collection

Compliance Management
Contact Management

Financial Risk Management

Compliance Management

Loan Management

Not specified

Loan Servicing

Accounting Management
Amortization Schedule
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Compliance Management
Construction Loans
Investor Management
Loan Processing
Student Loans

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