FEATURES

MONITOR — MANAGE — REPORT

 

 

EXCEPTION AND DOCUMENT TRACKING

ExceptionComplete is a customizable loan exception, covenant, document tracking, and tickler software solution. User-defined checklists and ticklers automate the tracking of loan or lender information. As an enterprise solution, multiple departments can monitor, take appropriate action, and exchange loan compliance information across the entire institution.

Tracking the information relevant to your institution, ExceptionComplete proves that clear reporting, consistent methods, and integrated monitoring don’t have to be complicated.


EXCEPTION AND DOCUMENT TRACKING

No more spreadsheets.

Improperly handled covenants leave loans unprotected in the event of a borrower’s deteriorating financial performance and condition. Maintaining current financial information for borrowers is vital for the safety and soundness of your loan portfolio. Control your credit risk with a system that can be effectively enforced and demonstrated for auditors.

NOT JUST TRACKING

  • Financial Statements
  • Required Documents
  • Tax Returns
  • Appraisals
  • Proof of Insurance

BUT MANAGING AND DOCUMENTING WITH

  • Status
  • Uploaded images and documents
  • One-screen ability to receive, waive, recur, and more
  • Additional screens for specific information (policy number, coverage levels, and the like)
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Maintaining current information for borrowers is vital for sound portfolio management.

COVENANT COMPLIANCE

Establish easy, routine checks for covenant compliance

Regular monitoring of covenant compliance points out warning signs of borrower’s deteriorating financial performance and condition. ExceptionComplete provides a simple and consistent system to track compliance, to proactively address situations in a timely manner, and to enforce the covenants detailed in the loan agreement.

Meet the ongoing challenge of efficient covenant tracking, reducing it to three basic steps.

  • Define all covenants for your institution only once
  • Create covenant checklists and thresholds for compliance for individual loans.
  • Generate a Covenant Compliance report listing all customers with covenants and comparing their actual performance to covenant targets.

 

EXCEPTIONCOMPLETE MONITORS AND MANAGES. . .

  • Financial Covenants based on ratios, asset values, and financial position
  • Operating Activity Covenants which ensure proper business practices
  • Reporting and Disclosure Covenants setting minimum levels of communication with the lender
  • Preservation of Collateral Covenants ensuring the lender’s senior position remains intact
  • Management and Control Covenants maintain the company structure and mandate steps needed in case of merger, aquisition, or management changes.
Covenant Compliance report

ExceptionComplete brings consistency and simplicity to labor-intensive and complicated processes.

 


POLICY EXCEPTION TRACKING

Identify, document, track, and justify exceptions to stated lending policies

Regular review of policy exceptions provides information on deviation from stated lending policies – a big picture overview. See adverse trends in lending, flag lending practices of concern, improve portfolio ratings, and re-examine policies in light of shifting markets and changing lending environments.  Reporting by loan, officer, or category allows the institution to take the appropriate corrective action.

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Increased visibility and tracking of policy exceptions is essential for regulatory compliance.

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LOAN COLLATERAL MONITORING

Secure your institution’s collateral

Systematic monitoring of ALL types of collateral with ExceptionComplete ensures that stated collateral values and status remain within the bounds of the loan agreement.

Ensure appraisals are current and safeguard UCC liens in four basic steps:
  1. Define the collateral documents to be collected and actions to be taken
  2. Attach collateral to the loan it secures
  3. Create checklists that will prompt fulfillment of requirements
  4. Generate letters requesting collateral documents from customers as needed

NOTHING FALLS THROUGH THE CRACKS

ExceptionComplete - a reliable, long-term system in place to protect your collateral now and into the future.

Secure your institution’s collateral.  Never miss a UCC filing or fail to update an appraisal again.

KEEP YOUR FINGER ON THE PULSE OF EVERY LOAN

ADDITIONAL FEATURES