November 29, 2021 — Effective reporting compliance is the foundation for effective risk management. While account managers are often tasked with tracking and driving compliance, this activity inefficiently uses resources that could otherwise be spent on increasing portfolio value or growing the client base.
Compliance hinges on a handful of factors that are difficult to individually achieve without connected, purpose-built workflows and automation.
In this white paper, we outline the challenges facing the financial sector in this area:
- Timely business reporting
- Accurate business reporting
- Closing post-funding commitments and covenants
- Ease of reporting
Read more to learn how FlowPoint’s SaaS platform applies automation and structure to solving these challenges for lenders while creating a more collaborative experience.