AFS Bank Customer Chooses AFSSolution™ to Reduce Operating Costs, Increase Loan Booking Flexibility and Prepare for Growth
When one of AFS' bank customers recently began focusing on growing its retail, commercial, and private banking operations, it chose AFSSolution to propel that growth.
The bank is a leading financial services organization with combined assets of over $80 billion and more than 430 branches. Following a recent merger, the Bank recognized the need for a loan processing system that could efficiently handle increasing volume and operational expansion.
"Our goal is to grow our business through future acquisitions," said the company's executive vice president. "We needed a system that could handle the requirements of rapidly growing operations. We wanted a loan system for the future, not something that would need to be replaced a few years down the road because the technology was no longer current or could no longer handle the volume of our expanding operations. We chose AFSSolution because of our key financial goal to reduce operating costs while increasing our flexibility to book any type of loan."
AFSSolution is a completely integrated loan management system designed to accommodate specific configurations based on the client's unique lending requirements both now and in the future. The system has comprehensive capabilities to support all major specialized functions and lines of business and provides immediate online information for better customer service. AFSSolution creates a wealth of efficiencies by automating, integrating, and controlling the front and back-end of the lending process-including information gathering, documentation preparation, collateral management, closing, post-closing follow-up, servicing, and management reporting.
"AFS offers a complete suite of product offerings that are extraordinary and unique," comments the executive vice president. "We also find the consulting and support aspects of the AFS solution extremely valuable. We know our relationship with AFS is a partnership and that AFS professionals will be available whenever we need them."