Commercial Loan Accounting
Loan accounting can be a major resource constraint, involving time-consuming manual processes and controls for budget checking, funding, scheduling, payment approvals, and overrides. In an increasingly competitive industry, you need to increase efficiency, improve profitability, and control risk within the loan process to stay ahead. SS&C’s comprehensive solution manages the complexities of loan accounting, allowing you to focus on managing loans rather than chasing information.
Our loan accounting services improve your results by managing all aspects of your loan process within a single database application. Our service covers loan requests, processing applications, commitment processing, loan disposition, servicing, and accounting. The logical, user-friendly workflow provides intuitive processing throughout all phases of the loan life cycle.
Our system supports both loan origination and servicing and it is fully integrated with CMBS pooling, servicing, advances, recoveries, and CREFC investor reporting. Its comprehensive investor accounting and structuring facilitate loan and investment level transaction that enables the user to automate the investment accounting and distribution of funds for the loan portfolio.
A single point of entry
By leveraging one platform, you can immediately access the detailed history of each loan and a full audit trail in one central location, increasing efficiency, reducing errors, and lowering maintenance and operating costs.
Measure and mitigate risk
Numerous points of automation allow users to enhance the efficiency of their activities while significantly reducing time, cost, and risk.