North Shore’s industry-leading Origination module tracks every aspect of a new loan, from lead to closing. It can be implemented as a stand-alone LOS, with lead information coming in from a CRM tool on the front-end, and the loan being passed on to another system/entity on the back-end after closing, or it can be implemented along with the North Shore Asset & Portfolio Management module, in which case the client realizes the added value of front-end and back-end being the same system.
In addition to handling all origination processes and all types of commercial and CRE credit and debt investments, the module utilizes the underlying BRE, Doc Prep, API’s, and customer-facing Portal to capture ALL data related to a deal and to provide ALL of the output required for ALL internal and external entities involved.
Users of different roles can monitor their in-baskets and workloads, in list view or graphically.
Track all quoting/sizing activity and compare different deal executions side by side.
Consolidated view of everything previously done or outstanding for a deal at any point in time.
less time reconciling discrepancies between documents
reduction in time from in-closing to closed
increase in loan quality (% closed)
reduction in spreadsheet usage
decrease in loan cycle times