"Millionth Conversion" Milestone Achieved
The world's largest provider of PC loan servicing software has achieved another milestone, completing the one-millionth loan mark in electronic conversions successfully for its lending and loan-servicing clients.
The significance of this achievement is heightened by the fact that many so-called "updated versions" of loan servicing software currently on the market lack the capability to electronically convert data. These systems require stored data to be converted by manual entry, an antiquated procedure that is time and labor intensive.
Electronic conversion is a hallmark of DISC's dedication to customer service. It provides lenders and loan servicers a smoother transition from outdated loan-servicing systems to DISC's LOANLEDGER system. You can simply copy existing loan portfolio data onto a floppy in ASCII format and forward the disc to DISC (no pun intended) for electronic conversion into LOANLEDGER for a nominal investment.
Electronic conversion by DISC not only eliminates the onerous task of manual data entry, it reduces the potentially adverse impact of manual data conversion on day-to-day business operations. Electronic conversion as opposed to manual, will also eliminate the human error factor.
Lenders considering the acquisition of loan portfolios in virtually any data storage format can now plan a swift and trouble-free conversion, thanks to DISC's million loan conversion experience.
Unlike many systems that are little more than database managers reworked for the financial services industry, LOANLEDGER was conceived and developed from a "fresh sheet of paper" by financial industry experts. Features like reporting capabilities, audit trails, agings, detailed customer histories, transaction reports, required government reports and a variety of management analyses give you, perhaps for the first time, complete command of your loan portfolio. You can even design your own reports.
And while LOANLEDGER is sophisticated, it is easy to learn, with a comfortable environment that helps your people be more productive immediately. LOANLEDGER is impossible to outgrow because it can be combined with a comprehensive line of fully integrated support programs that are just as intuitive and comprehensive. So you can start with the system you need now, and as your needs grow you can add more capabilities.
Experience a free and personalized software demonstration over the Internet.