Hyland’s loan document tracking solution is a single application that manages the complete lifecycle of a loan and all of the corresponding documents. It provides a complete view of related loan documents and decisions by making everything available digitally, in a central location, accessible through the line of business systems employees use daily.

• Loan data and documents related to the loan are stored in separate applications, making it time consuming for users to locate all relevant information
• Missing required documents causes loans to be out of compliance which can lead to financial penalties and complex audits
• Slow processing times due to manual data input and validation
• Limited audit trail to see who has done what with a loan

• A single application that tracks both documents and data related to the loan, providing a 360-degree view of all required information
• Automated verification that all required loan documents have been received at each stage in the process
• Automated checklist creation which standardizes loan processing and provides an audit trail to see which users completed each task
• Flexible template administration, allowing business users to adjust solution to meet the needs of the business without IT involvement

Learn More at Hyland.com