Happy New Year! This month, we reflect back on 2017 and recap previous articles for those who might have missed them.
Salesforce Lending Apps & Best Practices
• Online Applications
• Bank Statement Imports
• Risk Rating & Scorecards
• Approval Processes
• Document Checklists
• Portfolio Sales
Salesforce Infrastructure Best Practices
• Lightning UI
• Files vs. Notes & Attachments
• Document Storage & Retrieval
• Automated Communication
• Backup & Recovery
Tamarack’s Lease & Loan originator is listed with a number of other great leasing and lending applications in this year’s ELFA 2017 Software Guide. This is an invaluable tool for companies looking to make major technology investments.
Mintaka Financial won the 2017 ELFA Operations & Technology Excellence award. They were able to leverage the Tamarack Salesforce Lease & Loan Accelerator to build a fully integrated solution with the broker affiliates.
A credit scorecard is an effective way to create objective measures of your applications. There are a variety of applications that can be used to create a scorecard. You can create a native scorecard using native Salesforce tools such as Process Builder. If you’re in need of a more robust scoring model, one that uses historical portfolio performance to return a score, there are a few options that should be considered:
•Orion’s SAIPH score which has a native app to Salesforce.com.
•Tamarack’s native PayNet for Salesforce app if you only need to pull PayNet reports.
•Tamarack also has a very simple “App” that allows you to pull attributes from anywhere on the Deal, Borrower, or PG and include those attributes in the Scorecard. It’s 100% configurable in terms of the values and weights that are applied.