BankPoint

What is BankPoint?

BankPoint is a comprehensive cloud-based system designed to streamline and optimize the operations of commercial banks and non-bank lenders. The platform seamlessly integrates with existing back-end systems, including core banking software and document imaging systems, to provide a centralized hub for the entire staff. BankPoint automates and manages the entire loan life cycle, from origination and document collection to portfolio management, covenant tracking, loan review, and approval workflows. Founded in 2002 as a consulting firm, BankPoint has since been implemented in numerous financial institutions to help automate and streamline their daily operations

Highlights

• Integrated Workflow and Automation: BankPoint offers a robust workflow and automation solution that covers the entire loan life cycle, from origination to portfolio management
• Centralized Data and Document Management: The platform integrates with back-end systems to provide a single point of access for all loan-related data and documents
• Configurable Pipeline and Portfolio Management: BankPoint's customizable dashboard allows users to visualize loan status, manage tasks, notes, and documents, and track covenant compliance
• Compliance and Audit Trail: The system maintains a detailed audit trail to support compliance and regulatory requirements.