loan manager plus offers a complete loan servicing and management software product. We have put together a question
and answer style forum related to general technological and functional issues related to software selection. These are several issues you may want to
look at in the decision process.
Does the software system require additional fees paid to third party
vendors such as database providers?
All prices quoted by us are
inclusive with no additional license cost from third party vendors.
Does the loan servicing system use windows, a DOS/window hybrid, DOS
or another technology?
We offer a fully compiled modern windows platform on the client that runs on
Windows 7 through Windows 10.
Does the loan servicing system maintain an open architecture and take
advantage of modern database theory using normalization?
Many older systems use proprietary database structures that are not
related in contemporary one to one, one to many and many to many structures.
We offer a SQL (structured query language) based contemporary database
structure for data access using either a file or a client server model.
Does the loan servicing system offer industry recognized SQL reporting
We offer either the Crystal Reports © or the Reportsmith © report viewers.
Both tools come with a set of reports that can be customized. We do
not embed our reports into the program which limits customization on
a per customer basis.
Does the loan servicing system offer industry standard PDF output for
The product can output an entire invoice run to a PDF file. Invoices
can then be printed and the entire invoice run archived. In addition
to standard print functionality, invoices can be emailed as PDF attachments
Does the loan servicing system offer document management?
The system can store any type of document or scanned image within
the database for easy retrieval using windows built in file
Does the loan servicing system support importing payments rather than posting them manually?
Payments and even loans can be imported directly
into the system from spreadsheet (XLS) files using OLE automation. We
support both Microsoft Excel © using (VBA) and Open Office © using (ooBasic)
as automation clients.
Does the loan servicing system offer a one click approach to loan management?
This means vital features are just one click to implement. If a feature
requires multiple steps to complete, then a wizard approach is used.
This means loan setup, adding principal to a loan or obtaining real
time reports such as aging use a step by step process.
Does the loan servicing system offer different font sizes to match differing
individual preferences and screen sizes?
Many software programs are written using 8 pt or 9 pt fonts which work
fine with lower resolution monitors but are difficult to see with modern
wide screen monitors. Our software has scalable fonts ranging from 10
pt to 12 pt which can lower eye strain.
Does the loan servicing system have an add-in manager allowing additional
functionality to be incorporated with a mouse click?
Add-in applets can extend the functionality of the base system offering
specific solutions to user needs.
Does the software vendor offer desktop updates to the product?
We offer automated software updates with a click of a button. No more
email attachments or long delays waiting for CD updates through regular
Is the software vendor willing to assist in converting existing data?
We help map your existing data using templates and bulk import without
need for expensive operator input. This service can be completed in
a matter of hours.