“The latest release of Doxim Loan Origination offers many new and advanced lending capabilities.” said Chris Rasmussen, President & CEO at Doxim.
Toronto, Ontario (PRWEB) March 31, 2016
Doxim (http://www.doxim.com), a leading provider of customer engagement software for financial service organizations, is pleased to announce the availability of a new, SaaS-enabled version of its popular loan origination system.
With this new cloud-based, mobile friendly loan processing system, credit unions and banks can redefine their customer experience during the lending process. Loan applications can now be completed at the customers’ convenience, as lenders can process loans anywhere, anytime on their tablets or laptops. And with integrated eSignature support, this new SaaS version of Doxim’s popular loan origination solution now offers true, straight-through paperless loan processing.
Doxim Loan Origination now streamlines lending into five easy steps, while preventing errors and increasing loan velocity. And with its advanced auto-decisioning engine, automated relationship pricing, and a new enhanced view of member finances, Doxim Loan Origination now offers significant additional automation to lenders, making it easier to select the loan products and options best suited to each individual customer. The solution also significantly reduces data entry time and prevents costly errors by pre-populating fields with data from core banking systems as well as credit bureaus, lien searches & registrations, black books, and insurance providers.
“The latest release of Doxim Loan Origination offers many new and advanced lending capabilities,” said Chris Rasmussen, President & CEO at Doxim. “One I am particularly excited about is the new and unique ‘umbrella’ loan capability, which allows multiple connected loans to be processed as part of a single application. It improves the customer experience while increasing wallet share for our clients.”
Coastal Community Credit Union (CCCU) has already partnered with Doxim to digitize its loan origination using Doxim SaaS LOS. Adrian Legin, President and CEO of CCCU, believes the system will offer a significant competitive advantage for his organization.
“Doxim Loan Origination will provide long-term benefits that align with CCCU’s goals to significantly improve the lending experience for both our employees and our members” said Legin. “Our decision to be an early adopter of Doxim Loan Origination stems from our belief that our 80,000 members are seeking seamless, personal, omni-channel interactions with our credit union. The implementation of Doxim Loan Origination represents an important step in our organization-wide response to these changing needs.”
Support for commercial loan processing will also be added to this new version of Doxim Loan Origination later this year.
Credit unions and banks who wish to optimize their loan origination process and start experiencing the benefits of SaaS based digital loan processing are invited to book a free personalized demo.
Doxim is a leading provider of SaaS-based customer engagement software for credit unions, community banks and wealth management firms. Doxim’s Customer Engagement Platform helps financial institutions transform their client experience, communicate more effectively throughout the client lifecycle and improve cross sell and upsell activities that drive increased wallet share. The platform addresses key digitization challenges, from automated client onboarding, through improved, personalized communications to anytime, anywhere content access, tailored to a clients’ channel preferences. This eliminates costly traditional paper-based, manual processes and enables cost-effective provision of an omni-channel experience that delights customers and improves their long-term loyalty. Find out more at http://www.doxim.com.
Sean O’Donovan, Chief Marketing Officer