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Sageworks Lending description
Sageworks Lending, now part of Abrigo, is a loan origination software that helps mid-sized and growing banks in the USA streamline their lending process. The software automates tasks, allowing loan officers to process applications faster, while ensuring compliance and reducing risk. Its data analytics tools provide insights to make informed decisions, improve efficiency, and support growth. Abrigo also offers consulting services with former banking professionals to provide additional support and expertise.
Who is Sageworks Lending best for
Sageworks Lending, now Abrigo, streamlines loan origination for mid-sized US banks. Users praise its intuitive interface and comprehensive reporting, but some find it expensive and complex. It automates workflows, analyzes financial history, and offers risk assessment tools to expedite lending while ensuring compliance.
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Best fit for mid-sized banks.
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Ideal for financial institutions in the USA.
Sageworks Lending features
Supported Sageworks Lending offers customizable workflows to streamline loan applications. |
Supported Sageworks Lending supports generating reports on loan performance, payments, and other metrics. |
Supported Sageworks Credit Analysis analyzes financial history to assess creditworthiness. |
Supported Loan application status tracking is supported through workflow management and automation features. |
Supported Sageworks offers a risk rating system to assess creditworthiness, not a distinct score. |
Sageworks Lending reviews
We've summarised 49 Sageworks Lending reviews (Sageworks Lending G2 reviews) and summarised the main points below.
- User-friendly and intuitive interface.
- Streamlined lending process with workflow capabilities.
- Excellent customer support and responsiveness.
- Comprehensive reporting features for data analysis.
- Continuously updated with new features and enhancements.
- Difficult to learn, many features can be overwhelming.
- Limited customization and functionality.
- Industry data could be more robust.
- Advanced reporting has limitations.
- Sluggish performance at times.
- Support can be slow and not always knowledgeable.
- Relationship management module is difficult to maintain.
- Consumer loan system not fully functional.
- Expensive, especially for smaller institutions.
Sageworks Lending pricing
The commentary is based on 5 reviews from Sageworks Lending G2 reviews.
Sageworks Lending, now part of Abrigo, offers commercial loan origination software for financial institutions. It streamlines the lending process from data entry to decision-making, and includes features like CRM integration, document management, and automated workflows. No pricing information is publicly available on the website.
See the Sageworks Lending pricing page.
Sageworks Lending alternatives
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Sageworks Lending FAQ
Sageworks Lending, by Abrigo, streamlines loan origination for mid-sized banks. It automates lending tasks, improving efficiency and reducing risk. It offers customizable workflows, reporting tools, and financial analysis features. While generally user-friendly, some users find it complex and expensive.
What is Sageworks Lending and what does Sageworks Lending do?
Sageworks Lending, by Abrigo, streamlines loan origination for mid-sized banks. It automates lending tasks, improving efficiency and reducing risk. It offers customizable workflows, reporting tools, and financial analysis features. While generally user-friendly, some users find it complex and expensive.
Sageworks Lending integrates with various systems, though specific integrations aren't explicitly listed. It's designed to streamline lending workflows and improve data analysis within financial institutions, suggesting potential integrations with core banking systems and reporting tools.
How does Sageworks Lending integrate with other tools?
Sageworks Lending integrates with various systems, though specific integrations aren't explicitly listed. It's designed to streamline lending workflows and improve data analysis within financial institutions, suggesting potential integrations with core banking systems and reporting tools.
Alternatives to Sageworks Lending include CloudBankin, DecisionPro, TurnKey Lender, and Finflux. These competitors offer similar loan origination and management features, often with additional functionalities like AI-powered decision-making and digital banking integrations.
What the main competitors of Sageworks Lending?
Alternatives to Sageworks Lending include CloudBankin, DecisionPro, TurnKey Lender, and Finflux. These competitors offer similar loan origination and management features, often with additional functionalities like AI-powered decision-making and digital banking integrations.
Yes, Sageworks Lending, now part of Abrigo, is a legitimate loan origination software. It's known for its user-friendly interface and streamlined lending process, though some users find it expensive. It's generally well-regarded for its features and customer support.
Is Sageworks Lending legit?
Yes, Sageworks Lending, now part of Abrigo, is a legitimate loan origination software. It's known for its user-friendly interface and streamlined lending process, though some users find it expensive. It's generally well-regarded for its features and customer support.
I cannot find pricing details for Sageworks Lending. Contact a sales representative to discuss pricing and determine if Sageworks Lending is the right solution for your business needs.
How much does Sageworks Lending cost?
I cannot find pricing details for Sageworks Lending. Contact a sales representative to discuss pricing and determine if Sageworks Lending is the right solution for your business needs.
Sageworks Lending customers generally praise the excellent customer service and responsiveness of the support team. While some experiences with support have been slower or less knowledgeable, the overall sentiment reflects positive interactions and helpful solutions.
Is Sageworks Lending customer service good?
Sageworks Lending customers generally praise the excellent customer service and responsiveness of the support team. While some experiences with support have been slower or less knowledgeable, the overall sentiment reflects positive interactions and helpful solutions.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.