Feature

Support Workflows

CredPro’s Pricing, Legal, and Valuation Workflows are integral components that streamline the underwriting process. The Pricing Workflow ensures precise rate approvals, while the Legal Workflow verifies ownership and title, crucial for secure lending. The Valuation Workflow accurately assesses collateral, seamlessly linking with legal and pricing aspects for comprehensive decision-making. Together, these workflows enhance the accuracy and efficiency of underwriting, reducing risks and improving operational outcomes.

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Intro

Discover Legal Workflow

CredPro

Legal workflow is crucial in underwriting as it ensures the legitimacy and validity of ownership documents and title chains associated with collateral. Thorough legal scrutiny is necessary to mitigate risks and confirm that the collateral is free from legal disputes or encumbrances. The legal workflow manages the review and approval process, involving both internal and external legal experts who assess deviations and provide their opinions. It also tracks the submission and status of title deed documents, ensuring that all required documentation is complete and up-to-date.CredPro addresses these challenges by offering a comprehensive legal workflow module that streamlines the management of ownership documents and title chains. The platform facilitates seamless collaboration between legal teams and experts, enabling efficient handling of deviations and approvals. It integrates document tracking to monitor lodged and pending documents, thereby reducing manual effort and minimizing errors. By automating and centralizing these processes, CredPro ensures a thorough and compliant legal review, significantly enhancing the accuracy and efficiency of the underwriting process.

External Legal Vendor Access
Integrated with PDD Module
Integrated with Valuation Module

WHAT WE’RE OFFERING

Legal Workflow

CredPro's Legal Workflow module is essential for ensuring thorough validation of collateral ownership and title chains. It streamlines the review and approval process by integrating both internal and external legal experts' input. This robust system enhances accuracy and compliance in underwriting, managing documentation and deviations effectively.

Cross Collateral Compatibility

Manages multiple collaterals with seamless integration

Integrated Valuation Module

Links with valuation data for comprehensive review

Deviation Tracking

Monitors and resolves legal discrepancies efficiently

Document Management

Tracks lodged and pending title deed documents

External Legal Vendors Access

Limited Access can be provided to external vendors

Intro

Discover Valuation Workflow

CredPro

Valuation is a crucial aspect of underwriting, as it determines the accuracy and reliability of collateral assessments, directly impacting loan-to-value (LTV) calculations and risk evaluations. Effective valuation ensures that collateral is appropriately valued, mitigating risks associated with overestimating or underestimating asset worth. Deviations or discrepancies in property valuations need careful documentation and approval from the relevant authorities to maintain the integrity of the underwriting process.CredPro’s Valuation Workflow module addresses these critical needs by streamlining the valuation process and ensuring accurate asset assessments. The platform supports both internal and external valuers in conducting thorough evaluations and facilitates the submission of final valuations for LTV calculations. It efficiently manages deviations, routing them for approval and integrating them into the system seamlessly. Additionally, CredPro tracks and updates documents related to property valuations, including pending documentation, within its PDD Documents module. By automating and optimizing the valuation workflow, CredPro enhances accuracy, reduces manual effort, and ensures compliance with underwriting standards, ultimately supporting more reliable and efficient credit decisions.

External Valuers Access
Internal & External Valuation
Integrated with PDD Module

WHAT WE’RE OFFERING

Valuation Workflow

CredPro’s Valuation Workflow module streamlines the collateral valuation process, ensuring precise and reliable asset assessments. It seamlessly integrates with LTV calculations and manages deviations effectively, providing a robust framework for accurate property evaluations. The platform also tracks essential valuation documents, supporting efficient underwriting and risk management.

Collateral Valuation Management

Efficiently manage and track valuation of assets

Internal & External Valuer Access

Seamless coordination with both internal and external valuers

Deviation Handling

Address and approve deviations related to property valuations

LTV Calculation Integration

Accurate integration with Loan-to-Value (LTV) calculations

Document Tracking

Monitor lodged and pending documents related to valuations

Intro

Discover Pricing Workflow

CredPro

Pricing workflow is a critical component of the underwriting process, as it ensures that the pricing of financial products is accurate, consistent, and compliant with regulatory standards. Deviations from the standard rate card often require approval from various authorities to maintain alignment with organizational policies and market conditions. This approval process can be complex and time-consuming, potentially causing delays and inefficiencies.CredPro's Pricing Workflow module addresses these challenges by automating and streamlining the entire pricing process. It offers dynamic rate calculations and real-time updates, ensuring that deviations are promptly assessed and routed for necessary approvals. The platform's robust approval tracking and compliance checks help manage and document deviations effectively, minimizing manual intervention and reducing turnaround times. By integrating these capabilities, CredPro enhances the efficiency and accuracy of pricing decisions, ensuring that all pricing adjustments are well-documented and compliant with internal and external requirements.

Workflow Based
Configurable
Non Fund Based Commission Compatibile

WHAT WE’RE OFFERING

Pricing Workflow

CredPro's Pricing Workflow module revolutionizes the way financial institutions handle pricing strategies. With its advanced tools for dynamic rate calculation and real-time updates, it ensures precision and adaptability. Streamline approvals and manage pricing structures effortlessly with CredPro's comprehensive solution.