Press

Sageworks to integrate with leading CRM systems

RALEIGH, NC (July 14, 2016) — Sageworks, a financial information company that provides loan portfolio and risk management solutions to banks and credit unions, announced that starting this week, its solutions will integrate with leading customer relationship management (CRM) systems and other third-party applications like document management systems.

This week the company launches Sageworks Connections, a technology that allows users to automatically extract information from the Sageworks platform and make the information accessible for importing into CRMs such as Salesforce.com® as well as other applications. With this enhancement, users will remove redundancies with data entry into multiple systems, making the loan department more efficient and less prone to error.

Given the current market’s pressure to “grow or go,” many banks and credit unions look toward loan growth as a way to outpace rising costs of compliance. As institutions take on more loan volume, they must identify and remove bottlenecks to the process. Thanks to Sageworks Connections, banks and credit unions that use Sageworks Workflow, Credit Analysis, Loan Administration or other Sageworks solutions will be able to more seamlessly connect the loan and borrower information stored and analyzed in Sageworks with outside systems.

The new technology is just the latest in a series of enhancements and products from Sageworks that strive to remove data entry as a necessary step in lending. Like the Electronic Tax Return Reader, Sageworks Connections will help banks and credit unions spend less time on administrative data entry or file back up and more time on customer service and strategy.

To learn more about the company’s loan portfolio and risk management solutions, visit sageworksanalyst.com. To add this new technology to your existing subscription, please contact info@sageworks.com.

About Sageworks

Sageworks offers banks and credit unions lending, credit risk and portfolio risk software to efficiently grow and improve the borrower experience. By automating the life of the loan with Sageworks, bankers book commercial loans faster and reduce risk. Sageworks uniquely provides integrated solutions and industry expertise to more than 1,400 financial institutions that achieve an average 38% higher loan growth than peers. Visit www.sageworks.com to learn more.